Bitmine Immersion Technologies (BMNP) director gains 4,749 shares on RSU vesting

Rhea-AI Filing Summary

Bitmine Immersion Technologies director Robert J. Sechan II reported the vesting of 4,749 Restricted Stock Units on July 23, 2026, which settled into the same number of common shares at $0 per share. After this settlement, he directly holds 48,137 shares of common stock and 9,498 RSUs. The footnotes state that each RSU represents a contingent right to receive one share of common stock and that the 2026 Award RSUs, granted on January 23, 2026, vest quarterly in four equal 25% installments over 12 months, subject to continued service.

Insider Trade Summary

Net Buyer: 4,749 shares

Net Buy 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 — 9,498 shares (Direct); Common Stock — 48,137 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 to common stock: 4,749 shares Common stock holdings after transaction: 48,137 shares RSU holdings after transaction: 9,498 RSUs +1 more

4 metrics

RSUs converted to common stock 4,749 shares Restricted Stock Units settled into common stock on July 23, 2026

Common stock holdings after transaction 48,137 shares Direct ownership of Bitmine Immersion common stock following July 23, 2026 settlement

RSU holdings after transaction 9,498 RSUs Restricted Stock Units remaining after partial conversion of the 2026 award

2026 RSU vesting structure 4 equal 25% installments 2026 Award RSUs vest quarterly over 12 months after the January 23, 2026 grant

Key Terms

Restricted Stock Unit, contingent right, vest quarterly in four equal 25% installments

3 terms

Restricted Stock Unit financial

"Represents shares of the Issuer's common stock 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 of Common Stock"

vest quarterly in four equal 25% installments financial

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

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/24/2026 - 07:11 PM Accepted by SEC EDGAR 07/24/2026 - 07:11 PM Learn about SEC filing dates

FAQ

What insider transaction did Bitmine Immersion (BMNP) report for Robert J. Sechan II?

Robert J. Sechan II reported vesting of 4,749 Restricted Stock Units on July 23, 2026, which settled into 4,749 shares of common stock at $0 per share as part of his equity compensation.

How many Bitmine Immersion (BMNP) common shares does Robert J. Sechan II hold after this Form 4?

Following the July 23, 2026 RSU settlement, Robert J. Sechan II directly holds 48,137 shares of common stock of Bitmine Immersion, according to the reported post-transaction ownership figure.

How many Restricted Stock Units does Robert J. Sechan II still hold in Bitmine Immersion (BMNP)?

After converting a portion of his award, Robert J. Sechan II continues to hold 9,498 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Bitmine Immersion common stock.

What is the vesting schedule for the 2026 Award RSUs at Bitmine Immersion (BMNP)?

The 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.

Did the July 23, 2026 Bitmine Immersion (BMNP) transaction involve a market purchase or sale?

The July 23, 2026 activity reflects exercise/settlement of Restricted Stock Units into common stock at $0 per share, not an open-market purchase or sale, with RSUs disposed and common shares acquired in a single equity-compensation event.

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)
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		4,749(1)	A	$0	48,137	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			4,749	(3)	(3)	Common Stock	4,749	$0	9,498	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)