Form 4: CEO Shifts MYCB Stock to LLC Ownership

My City Builders CEO Yolanda Goodell transferred her direct holdings of common and preferred stock into indirect ownership via RAC Merger LLC.

Summary

• Yolanda Goodell, Chief Executive Officer, Director, and 10% owner of My City Builders, Inc. (MYCB), reported a change in beneficial ownership.
• On June 17, 2025, Goodell disposed of 5,249,513 shares of Common Stock directly and simultaneously acquired the same amount indirectly at a price of $0.15 per share.
• Concurrently, 33,333 shares of Series A Preferred Stock were disposed of directly and acquired indirectly at $0.15 per share.
• These transactions resulted in Goodell holding 0 shares directly and 5,249,513 shares of Common Stock and 33,333 shares of Series A Preferred Stock indirectly.
• The indirect ownership is through RAC Merger LLC, where Goodell holds a 32.75% contribution interest.
• RAC Merger LLC currently holds 16,033,253 shares of MYCB Common Stock and 100,000 shares of MYCB Series A Preferred Stock.
• The reported changes reflect a restructuring of ownership form rather than a net change in total beneficial ownership.

Sentiment

Score: 7

Explanation: The filing indicates a restructuring of beneficial ownership by a key insider, not a divestment. This suggests continued commitment to the company, which is generally positive or neutral, as it's a technical filing.

Positives

• The transactions represent a restructuring of ownership form, not a sale of shares into the open market, indicating continued beneficial interest by a key insider.
• Yolanda Goodell maintains her significant beneficial ownership in My City Builders, Inc. through RAC Merger LLC.

Future Outlook

NA

Industry Context

This Form 4 filing is specific to an insider's change in beneficial ownership structure and does not provide information relevant to broader industry trends or competitive landscape.

Related Party Transactions

• The transaction involves a transfer of shares to RAC Merger LLC, in which the reporting person, Yolanda Goodell, has a 32.75% contribution interest, indicating a related party transaction for ownership restructuring purposes.

Stakeholder Impact

• Shareholders: No direct impact on share price as it's a change in ownership form, not a market sale. It confirms continued insider beneficial ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this filing.

Key Dates

Recommendation

This Form 4 filing details a technical restructuring of beneficial ownership by a key insider (CEO, Director, 10% Owner) from direct to indirect holdings via an LLC. It does not represent a sale of shares into the open market or a change in the total number of shares beneficially owned by the insider. As such, it provides no new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment thesis. The continued beneficial ownership by a significant insider is a neutral to slightly positive signal, but not enough to change a 'hold' recommendation based solely on this filing.

Keywords

My City Builders, MYCB, Yolanda Goodell, Form 4, Beneficial Ownership, Insider Transaction, Stock Transfer, CEO, Director, 10% Owner, RAC Merger LLC