Silver Bow CEO buys 1,500 shares at $8.28
Silver Bow Mining’s CEO increased his personal stake with a 1,500-share open-market purchase.
Rhea-AI Filing Summary
SILVER BOW MINING CORP. (SBMT) reported that Chief Executive Officer and director Charles Travis Naugle purchased 1,500 Common Shares on September 8, 2026 in an open market or private transaction at $8.28 per share. Following this transaction he directly owns 115,111 Common Shares and indirectly holds 43,799 Common Shares through a 401(k) plan.
No Rule 10b5-1 trading plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,500 shares
Net Buy
2 txns
Insider
Naugle Charles Travis
Role
Chief Executive Officer
Bought
1,500 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 1,500 | $8.28 | $12K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 115,111 shares (Direct);
Common Shares — 43,799 shares (Indirect, By 401(k) plan)
Key Figures
Shares purchased: 1,500 shares
Purchase price per share: $8.28 per share
Direct holdings after transaction: 115,111 shares
+1 more
4 metrics
Shares purchased
1,500 shares
Common Shares bought by the CEO on September 8, 2026
Purchase price per share
$8.28 per share
Price paid for 1,500 Common Shares on September 8, 2026
Direct holdings after transaction
115,111 shares
Common Shares directly owned by the CEO following the purchase
Indirect holdings via 401(k)
43,799 shares
Common Shares held indirectly by the CEO through a 401(k) plan
Key Terms
Common Shares, open market or private transaction, 401(k) plan, Rule 10b5-1
4 terms
open market or private transaction financial
"transaction is described as a Purchase in open market or private transaction"
401(k) plan financial
"indirect ownership is reported as By 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.
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for this transaction"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SBMT report for its CEO on this Form 4?
The Form 4 reports that CEO and director Charles Travis Naugle purchased 1,500 Common Shares of SBMT on September 8, 2026 in an open market or private transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
