| FORM 4 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
| |||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
(Country) | 2. Issuer Name and Ticker or Trading Symbol
MINERALRITE Corp [ RITE ] | 5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
| |||||||||||||||||||||||||
| 2a. Foreign Trading Symbol
| |||||||||||||||||||||||||||
| 3. Date of Earliest Transaction
(Month/Day/Year) 09/30/2026 | 6. Individual or Joint/Group Filing (Check Applicable Line)
| ||||||||||||||||||||||||||
| 4. If Amendment, Date of Original Filed
(Month/Day/Year) |
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Series NMC Preferred | 09/30/2026 | S | 3,919,388 | D | $27.23(1) | 2,980,612 | I | By Abstract Holdings 1618, LLC(2) | ||
| Series NMC Preferred | 09/30/2026 | X | 6,900,000 | A | $15(3) | 9,880,612 | I | By Abstract Holdings 1618, LLC(2) | ||
| Series D Preferred | 09/30/2026 | X | 47,600 | A | $25(3) | 47,600 | I | By Abstract Concepts 1618, LLC(2) | ||
| Series D Preferred | 09/30/2026 | X | 5,900 | A | $25(3) | 5,900 | I | By Commodity Capital Advisors, LLC(4) | ||
| Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Warrant to Purchase Series NMC Preferred | $15 | 09/30/2026 | X | 6,900,000 | 05/06/2026 | 12/31/2034 | Series NMC Preferred | 6,900,000 | $0 | 0 | I | By Abstract Holdings 1618, LLC(2) | |||
| Warrant to Purchase Series D Preferred | $25 | 09/30/2026 | X | 47,600 | 10/06/2025 | 12/31/2026 | Series D Preferred | 47,600 | $0 | 0 | I | By Abstract Concepts 1618, LLC(2) | |||
| Warrant to Purchase Series D Preferred | $25 | 09/30/2026 | X | 5,900 | 10/07/2025 | 12/31/2026 | Series D Preferred | 5,900 | $0 | 0 | I | By Commodity Capital Advisors, LLC(4) | |||
| Explanation of Responses: |
| 1. Repurchased by the issuer for a non-interest-bearing promissory note of $106,724,942, approximately $27.23 per share. On the same date the note was applied to the warrant exercise prices reported here and to certain royalty repurchase prices, and was then cancelled. No cash was exchanged. |
| 2. Abstract Holdings 1618, LLC is wholly owned by Abstract Concepts 1618, LLC, which is owned and controlled by the reporting person. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest. |
| 3. Shares issuable on exercise will be issued upon effectiveness of the issuer's Restated Certificate of Formation. |
| 4. Abstract Concepts 1618, LLC is the manager of Commodity Capital Advisors, LLC. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest. |
| /s/ Lloyd B. Hendricks III | 10/06/2026 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
| * Form 4: SEC 1474 (03-26) | ||