Bitmine director receives 4,749 shares as award vests

The 2026 Award RSUs vest in four equal quarterly installments over 12 months, subject to the director's continued service.

Rhea-AI Filing Summary

Bitmine Immersion Technologies, Inc. (BMNP) director II Robert J. Sechan reported the vesting and settlement of 4,749 restricted stock units into 4,749 common shares on October 23, 2026. Each RSU represents a right to receive one common share. His reported direct common-stock position after the transaction was 52,886 shares. The 2026 Award RSUs vest in four equal quarterly installments over 12 months following the January 23, 2026 grant, subject to continued service through each vesting date.

Insider Trade Summary

4,749 shares exercised/converted

Exercise 2 txns

Insider Sechan II Robert J

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F2, F3	4,749	$0.00	$0.00
Exercise	Common Stock F1	4,749	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 4,749 contracts (Direct); Common Stock — 52,886 shares (Direct)

Footnotes (3)

1. F1. Represents shares of the Issuer's common stock settled upon the vesting of restricted stock units (each an "RSU").
2. F2. Each RSU represents a contingent right to receive one share of Common Stock.
3. F3. 2026 Award RSUs were granted on January 23, 2026 and vest quarterly in four equal 25% installments over the 12 months following the grant date, subject to the Reporting Person's continued service through the applicable vesting date.

Key Figures

Restricted stock units vested: 4,749 restricted stock units Common shares received: 4,749 shares Direct common shares after transaction: 52,886 shares +1 more

4 metrics

Restricted stock units vested 4,749 restricted stock units October 23, 2026

Common shares received 4,749 shares Settled upon RSU vesting on October 23, 2026

Direct common shares after transaction 52,886 shares Reported post-transaction position

RSU vesting installment 25% Each of four equal quarterly installments

Key Terms

Restricted Stock Unit, contingent right, vest quarterly

3 terms

Restricted Stock Unit financial

"shares settled upon the vesting of restricted stock units"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

contingent right financial

"Each RSU represents a contingent right to receive one share"

vest quarterly financial

"vest quarterly in four equal 25% installments"

FAQ

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

How many BMNP shares did the director receive from vested RSUs?

II Robert J. Sechan received 4,749 common shares when 4,749 restricted stock units vested on October 23, 2026. His reported direct common-stock position after the transaction was 52,886 shares.

How do BMNP's 2026 Award RSUs vest?

The 2026 Award RSUs vest quarterly in four equal 25% installments over the 12 months following the January 23, 2026 grant date, subject to the reporting person's continued service through each applicable vesting date.

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^*

Sechan II Robert J

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2026

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	10/23/2026		M		4,749(1)	A	$0	52,886	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
Restricted Stock Unit	(2)	10/23/2026		M			4,749	(3)	(3)	Common Stock	4,749	$0	4,749	D

Explanation of Responses:

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

2. Each RSU represents a contingent right to receive one share of Common Stock.

3. 2026 Award RSUs were granted on January 23, 2026 and vest quarterly in four equal 25% installments over the 12 months following the grant date, subject to the Reporting Person's continued service through the applicable vesting 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)