STOCK TITAN

Silver Bow Mining (SBMT) CFO adds 2,500 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Silver Bow Mining Corp.’s Chief Financial Officer Black Wade Newton reported an open-market purchase of company stock. On this Form 4, he bought 2,500 Common Shares at a price of $8.83 per share through an IRA, which is reported as indirect ownership.

Separately, the filing lists 25,000 Common Shares held directly following the reported transactions, alongside the 2,500 shares held indirectly by the IRA.

Positive

  • None.

Negative

  • None.
Insider Black Wade Newton
Role Chief Financial Officer
Bought 2,500 shs ($22K)
Type Security Shares Price Value
Purchase Common Shares 2,500 $8.83 $22K
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 2,500 shares (Indirect, by IRA); Common Shares — 25,000 shares (Direct, null)
Footnotes (1)
Open-market purchase 2,500 shares Common Shares bought on 2026-05-18
Purchase price $8.83 per share Open-market transaction on 2026-05-18
Direct holdings after 25,000 shares Common Shares held directly following transactions
Indirect IRA holdings after 2,500 shares Common Shares held indirectly by IRA following purchase
Net buy shares 2,500 shares Net-buy direction in transactionSummary
open-market purchase financial
"the filing identifies the 2,500-share acquisition as an open-market purchase"
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.
indirect ownership financial
"the buy was an open-market transaction at $8.83 per share and was made through an IRA, which is reported as indirect ownership"
IRA financial
"the shares were bought at $8.83 each and are held indirectly by an IRA"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Common Shares financial
"he bought 2,500 Common Shares at a price of $8.83 per share"
Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.
SEC Form 4
FORM 4UNITED 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*
Black Wade Newton

(Last)(First)(Middle)
C/O SILVER BOW MINING CORP.
1401 IDAHO STREET

(Street)
BUTTE MONTANA 59701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SILVER BOW MINING CORP. [ SBMT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares05/18/2026P2,500A$8.832,500Iby IRA
Common Shares25,000D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Wade Black05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Silver Bow Mining (SBMT) report on this Form 4?

Silver Bow Mining reported that its CFO, Black Wade Newton, purchased 2,500 Common Shares. The buy was an open-market transaction at $8.83 per share and was made through an IRA, which is reported as indirect ownership in the filing.

How many Silver Bow Mining (SBMT) shares did the CFO buy and at what price?

The CFO bought 2,500 Common Shares of Silver Bow Mining at $8.83 per share. This open-market purchase is disclosed as an indirect holding through an IRA, reflecting a relatively modest insider buying transaction in the company’s stock.

How are the CFO’s Silver Bow Mining (SBMT) holdings structured after the Form 4 transactions?

After the reported transactions, the Form 4 shows 25,000 Common Shares held directly by the CFO and 2,500 shares held indirectly through an IRA. This distinguishes his personal share ownership from shares controlled via a retirement account structure.

Is the Silver Bow Mining (SBMT) CFO’s purchase on this Form 4 an open-market transaction?

Yes. The Form 4 identifies the 2,500-share acquisition as an open-market purchase, with a transaction code P. The shares were bought at $8.83 each and are held indirectly by an IRA, rather than as direct personal holdings by the CFO.

Does this Silver Bow Mining (SBMT) Form 4 show any insider share sales?

No insider sales are shown in the provided Form 4 data. The transactionSummary indicates one open-market purchase totaling 2,500 shares and no reported sales, resulting in a net-buy position for the period covered by this filing.