Bitmine director receives 3,999 shares from RSU vesting

Michael Stephen Maloney, a director of Bitmine Immersion Technologies, Inc., reported the vesting and settlement of 3,999 Restricted Stock Units (RSUs) into 3,999 shares of Common Stock on July 23, 2026 at $0.00 per share.

Rhea-AI Filing Summary

Michael Stephen Maloney, a director of Bitmine Immersion Technologies, Inc., reported the vesting and settlement of 3,999 Restricted Stock Units (RSUs) into 3,999 shares of Common Stock on July 23, 2026 at $0.00 per share. Following this transaction, he directly holds 234,580 Common Stock shares and 7,998 RSUs from a 2026 award that vests in four equal 25% quarterly installments over 12 months, subject to continued service.

Insider Trade Summary

3,999 shares exercised/converted

Exercise 2 txns

Insider MALONEY MICHAEL STEPHEN

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit F2, F3	3,999	$0.00	$0.00
Exercise	Common Stock F1	3,999	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 7,998 contracts (Direct); Common Stock — 234,580 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

RSUs converted: 3999.0000 shares Common Stock holdings after transaction: 234580.0000 shares RSUs remaining: 7998.0000 RSUs +2 more

5 metrics

RSUs converted 3999.0000 shares Restricted Stock Units settled into Common Stock on July 23, 2026

Common Stock holdings after transaction 234580.0000 shares Direct Common Stock position of Michael Stephen Maloney following RSU vesting

RSUs remaining 7998.0000 RSUs Restricted Stock Units reported as held after the July 23, 2026 vesting event

RSU vesting pattern 25% quarterly over 12 months 2026 Award RSUs granted January 23, 2026 vest in four equal installments

RSU settlement price $0.0000 per share Price per share for Common Stock issued upon RSU vesting

Key Terms

Restricted Stock Unit, RSU, contingent right to receive, vesting

4 terms

Restricted Stock Unit financial

"security_title: "Restricted Stock Unit" for the derivative entry"

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.

RSU financial

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

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

contingent right to receive financial

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

vesting financial

"2026 Award RSUs were granted on January 23, 2026 and vest quarterly in four equal 25% installments"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What insider transaction did Bitmine Immersion Technologies (BMNP) report for director Michael Stephen Maloney?

Director Michael Stephen Maloney reported the vesting and settlement of 3,999 RSUs into 3,999 shares of Bitmine Immersion Technologies Common Stock on July 23, 2026. The RSUs converted at $0.00 per share as part of his equity compensation award.

How many BMNP common shares does Michael Stephen Maloney hold after this Form 4 transaction?

After the reported RSU vesting, Michael Stephen Maloney directly holds 234,580 shares of Bitmine Immersion Technologies Common Stock. This reflects the addition of 3,999 newly issued shares that settled from vested Restricted Stock Units on July 23, 2026.

Did the Bitmine Immersion Technologies (BMNP) director sell any shares in this Form 4 filing?

No sale transactions were reported. The Form 4 shows an RSU conversion, where 3,999 RSUs settled into an equal number of Common Stock shares at $0.00 per share, with no open-market purchases or sales disclosed in this filing.

What is the vesting schedule for the 2026 RSU award reported for BMNP’s director?

The 2026 Award RSUs were granted on January 23, 2026 and vest quarterly in four equal 25% installments over the following 12 months. Each vested RSU delivers one share of Common Stock, subject to the director’s continued service through each vesting date.

How many Restricted Stock Units remain reported for the Bitmine Immersion Technologies (BMNP) director?

Following the July 23, 2026 vesting event, Michael Stephen Maloney has 7,998 RSUs reported as remaining. These RSUs relate to the 2026 award, which continues to vest in scheduled quarterly installments over a 12‑month period.

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

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Accepted by SEC EDGAR 07/24/2026 - 07:07 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^*

MALONEY MICHAEL STEPHEN

(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)
07/23/2026

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	07/23/2026		M		3,999(1)	A	$0	234,580	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)	07/23/2026		M			3,999	(3)	(3)	Common Stock	3,999	$0	7,998	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	07/24/2026
	** 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)