Silver Bow Mining (SBMT) CEO adds 2,500 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SILVER BOW MINING CORP. Chief Executive Officer Charles Travis Naugle reported an open-market purchase of common shares. He bought 2,500 Common Shares on May 29, 2026 at $9.645 per share, increasing his direct holdings to 110,000 Common Shares. He also reports indirect ownership of 43,799 Common Shares held through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,500 shares ($24,113)
Net Buy
2 txns
Insider
Naugle Charles Travis
Role
Chief Executive Officer
Bought
2,500 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 2,500 | $9.645 | $24K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 110,000 shares (Direct, null);
Common Shares — 43,799 shares (Indirect, By 401(k) plan)
Footnotes (1)
Key Figures
Open-market purchase size: 2,500 shares
Purchase price: $9.645 per share
Direct holdings after transaction: 110,000 shares
+2 more
5 metrics
Open-market purchase size
2,500 shares
Common Shares bought on May 29, 2026
Purchase price
$9.645 per share
Price for May 29, 2026 open-market buy
Direct holdings after transaction
110,000 shares
Common Shares directly owned post-transaction
Indirect 401(k) holdings
43,799 shares
Common Shares held indirectly via 401(k) plan
Net buy shares
2,500 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, 401(k) plan, Common Shares
3 terms
open-market purchase financial
"description identifies it as an open-market purchase of 2,500 Silver Bow Mining common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
401(k) plan financial
"the filing shows 43,799 Silver Bow Mining common shares held indirectly via a 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did SBMT CEO Charles Travis Naugle report?
CEO Charles Travis Naugle reported buying 2,500 Silver Bow Mining common shares in the open market. The trade occurred on May 29, 2026 at a price of $9.645 per share, increasing his directly held position in the company.
What does the indirect 401(k) holding mean for SBMT’s CEO stake?
The filing shows 43,799 Silver Bow Mining common shares held indirectly via a 401(k) plan. This indicates part of the CEO’s retirement savings is invested in company stock, separate from the 110,000 common shares he holds directly in his own name.
Is the SBMT CEO’s May 29, 2026 transaction a buy or a sale?
The May 29, 2026 Form 4 reports a buy transaction. The code “P” and description identify it as an open-market purchase of 2,500 Silver Bow Mining common shares, with no sales or option exercises disclosed in this particular filing.