Bitmine Immersion Technologies (BMNR) director receives 10,000 shares as 2025 compensation
Rhea-AI Filing Summary
Bitmine Immersion Technologies, Inc. reported a director stock grant. A company director acquired 10,000 shares of common stock on 09/09/2025, recorded as an acquisition at a stated price of $0 per share. After this transaction, the director beneficially owns 10,000 shares in direct form. The filing explains that these shares were issued in exchange for services rendered to the company for the 2025 fiscal year, effectively serving as equity-based compensation rather than a cash payment.
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FAQ
What insider transaction did Bitmine Immersion Technologies (BMNR) disclose?
Bitmine Immersion Technologies disclosed that a director acquired 10,000 shares of common stock on 09/09/2025, reported as an acquisition on a Form 4.
At what price were the BMNR shares acquired in this Form 4 filing?
The 10,000 shares of Bitmine Immersion Technologies common stock were reported as acquired at a stated price of $0 per share, as noted in the transaction table.
How many BMNR shares does the reporting person own after this transaction?
Following the reported transaction, the director beneficially owns 10,000 shares of Bitmine Immersion Technologies common stock in direct ownership form.
Why were these Bitmine Immersion Technologies (BMNR) shares issued to the director?
The explanation states that the 10,000 shares were issued to the reporting person in exchange for services rendered to the company for the 2025 fiscal year, functioning as stock-based compensation.
Does this BMNR Form 4 involve any derivative securities like options or warrants?
The filing includes a section for derivative securities, but no derivative transactions or holdings are listed, indicating only non-derivative common stock is reported in this transaction.