Bitmine CFO Young Kyu Kim receives 264,360 options

The CFO and COO's option award vests in four equal quarterly installments after the grant date and expires April 2, 2036.

Rhea-AI Filing Summary

BITMINE IMMERSION TECHNOLOGIES, INC. (BMNP) reported that its CFO and COO, Young Kyu Kim, received 10,032 common shares upon the immediate vesting of restricted stock units on April 7, 2026. That day, 3,145 shares were withheld for tax liability at $20.17 per share.

On April 2, 2026, Kim was granted options to purchase 264,360 common shares at an exercise price of $19.46 per share. The options vest in four equal quarterly installments following the grant date and expire April 2, 2036.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Kim Young Kyu

Role CFO, COO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	10,032	$0.00	$0.00
Tax Withholding	Common Stock F2	3,145	$20.17	$63K
Grant/Award	Stock Options F3	264,360	$0.00	$0.00

Holdings After Transaction: Stock Options — 264,360 contracts (Direct); Common Stock — 6,887 shares (Direct)

Footnotes (3)

1. F1. Represents shares of the Issuer's common stock settled upon the immediate vesting of 10,032 restricted stock units (each, an "RSU").
2. F2. Shares withheld for payment of tax liability.
3. F3. Represents an award of options to purchase common stock granted to the Reporting Person in connection with his annual long-term incentive award for service as Chief Financial Officer and Chief Operating Officer during fiscal year 2026 ("FY 2026 Award"). The FY 2026 Award options vest and become exercisable in four equal quarterly installments following the grant date and expire 10 years following the grant date.

Key Figures

Common shares settled upon RSU vesting: 10,032 shares Shares withheld for tax liability: 3,145 shares Price per share for tax withholding: $20.17 per share +4 more

7 metrics

Common shares settled upon RSU vesting 10,032 shares Immediate vesting on April 7, 2026

Shares withheld for tax liability 3,145 shares April 7, 2026

Price per share for tax withholding $20.17 per share April 7, 2026

Stock options granted 264,360 options Granted April 2, 2026

Option exercise price $19.46 per share Options granted April 2, 2026

Option vesting schedule 4 equal quarterly installments Following the grant date

Option expiration date April 2, 2036 Options granted April 2, 2026

Key Terms

restricted stock units, tax liability, Stock Options, quarterly installments

4 terms

restricted stock units financial

"immediate vesting of 10,032 restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"Shares withheld for payment of tax liability."

Stock Options financial

"Stock Options"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

quarterly installments financial

"vest and become exercisable in four equal quarterly installments"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did BMNP's CFO and COO receive and have withheld?

On April 7, 2026, 10,032 common shares were settled upon immediate vesting of Kim's restricted stock units, and 3,145 shares were withheld for tax liability at $20.17 per share.

What are the terms of BMNP's stock-option award?

Kim received options to purchase 264,360 common shares at an exercise price of $19.46 per share. The options were granted as part of his annual long-term incentive award for FY 2026 service as CFO and COO, vest in four equal quarterly installments after the grant date, and expire April 2, 2036.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/23/2026 - 08:00 PM EDT Accepted by SEC EDGAR 10/23/2026 - 08:00 PM EDT Learn about SEC filing dates

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Kim Young Kyu

(Last) (First) (Middle)

C/O BITMINE IMMERSION TECHNOLOGIES, INC.

800 CONNECTICUT AVENUE

(Street)

NORWALK CONNECTICUT 06854

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO, COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	04/07/2026		A		10,032(1)	A	$0	10,032	D
Common Stock	04/07/2026		F		3,145(2)	D	$20.17	6,887	D

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
Stock Options	$19.46	04/02/2026		A		264,360		(3)	04/02/2036	Common Stock	264,360(3)	$0	264,360	D

Explanation of Responses:

1. Represents shares of the Issuer's common stock settled upon the immediate vesting of 10,032 restricted stock units (each, an "RSU").

2. Shares withheld for payment of tax liability.

3. Represents an award of options to purchase common stock granted to the Reporting Person in connection with his annual long-term incentive award for service as Chief Financial Officer and Chief Operating Officer during fiscal year 2026 ("FY 2026 Award"). The FY 2026 Award options vest and become exercisable in four equal quarterly installments following the grant date and expire 10 years following the grant date.

	/s/ Bailey White, as Attorney-in-Fact	10/23/2026
	** 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)