Silver Bow Mining (SBMT) VP reports 22,000 shares and 60,000 options in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
SILVER BOW MINING CORP. vice president of exploration Phillip Anson Nickerson reported his initial holdings as an insider. He beneficially owns 22,000 Common Shares directly and holds stock options to acquire 60,000 Common Shares at an exercise price of $3.10 per share, expiring on April 14, 2030. The footnote states these stock options vested immediately on the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nickerson Phillip Anson
Role
Vice President of Exploration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 60,000 shares (Direct, null);
Common Shares — 22,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Direct Common Shares Held: 22,000 shares
Stock Options Underlying Shares: 60,000 shares
Option Exercise Price: $3.10 per share
+1 more
4 metrics
Direct Common Shares Held
22,000 shares
Total Common Shares following report
Stock Options Underlying Shares
60,000 shares
Underlying Common Shares for options
Option Exercise Price
$3.10 per share
Exercise price for stock options
Option Expiration Date
April 14, 2030
Expiration for reported options
Key Terms
Form 3, Stock Options (Right to Buy, beneficial ownership, vested immediately
4 terms
Form 3 regulatory
"Does the SBMT Form 3 show any recent insider buying or selling"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Stock Options (Right to Buy financial
"He holds stock options over 60,000 Common Shares with an exercise price"
beneficial ownership financial
"He beneficially owns 22,000 Common Shares directly"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vested immediately financial
"the stock options vested immediately on the grant date"
FAQ
What insider position did Phillip Anson Nickerson report at SILVER BOW MINING CORP. (SBMT)?
Phillip Anson Nickerson reported direct beneficial ownership of 22,000 Common Shares. He also disclosed stock options over 60,000 Common Shares at a fixed exercise price, giving investors a clear view of his current equity exposure as a company officer.
How many stock options does Phillip Anson Nickerson hold in SBMT and at what price?
He holds stock options over 60,000 Common Shares with an exercise price of $3.10 per share. These options represent the right to buy additional shares at that fixed price regardless of future market movements.
When do Phillip Anson Nickerson’s SBMT stock options expire?
His stock options are scheduled to expire on April 14, 2030. This expiration date defines how long he can choose to exercise the options to purchase the underlying 60,000 Common Shares at the agreed exercise price.
Did Phillip Anson Nickerson’s SBMT stock options vest immediately?
Yes, the footnote states that the stock options vested immediately on the grant date. Immediate vesting means he is already entitled to exercise these options, subject to the stated exercise price and the April 14, 2030 expiration.
Does the SBMT Form 3 show any recent insider buying or selling by Phillip Anson Nickerson?
The disclosure records his existing holdings rather than new purchases or sales. It lists 22,000 directly held Common Shares and 60,000 vested stock options, providing an initial snapshot of his ownership as a reporting insider.