Silver Bow Mining (SBMT) vice president granted 30,000 stock options at $11.50

Rhea-AI Filing Summary

SILVER BOW MINING CORP. reported that Vice President of Exploration Phillip Anson Nickerson received a grant of stock options as part of his compensation. He was awarded stock options covering 30,000 common shares at an exercise price of $11.50 per share. The options were granted at no upfront cost and expire on May 19, 2031. They vest over time, with one-third vesting on the first anniversary of the grant date and one-third on each of the next two anniversaries, conditioned on his continued service with the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nickerson Phillip Anson

Role Vice President of Exploration

Type	Security	Shares	Price	Value
Grant/Award	Stock Options (Right to Buy)	30,000	$0.00	--

Holdings After Transaction: Stock Options (Right to Buy) — 30,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock options granted: 30,000 options Exercise price: $11.50 per share Expiration date: May 19, 2031 +3 more

6 metrics

Stock options granted 30,000 options Grant to VP of Exploration on May 19, 2026

Exercise price $11.50 per share Strike price for granted stock options

Expiration date May 19, 2031 Option term end date

Underlying shares 30,000 common shares Shares subject to granted options

Vesting schedule One-third annually over 3 years Subject to continued service

Post-transaction derivative holdings 30,000 options Total options held after grant

Key Terms

Stock Options (Right to Buy), grant/award acquisition, exercise price, vesting, +1 more

5 terms

Stock Options (Right to Buy) financial

"Stock Options (Right to Buy)"

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

exercise price financial

"conversion_or_exercise_price": "11.5000""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"Stock options vest as follows: one-third on the first anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Common Shares financial

"underlying_security_title": "Common Shares""

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Nickerson Phillip Anson

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President of Exploration

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

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

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
Stock Options (Right to Buy)	$11.5	05/19/2026		A		30,000		(1)	05/19/2031	Common Shares	30,000	$0	30,000	D

Explanation of Responses:

1. Stock options vest as follows: one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.

	/s/ Phillip Nickerson	05/21/2026
	** 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)

FAQ

What insider transaction did SBMT report for Phillip Anson Nickerson?

SILVER BOW MINING CORP. reported that Vice President of Exploration Phillip Anson Nickerson received a grant of stock options for 30,000 common shares. This is a compensation-related award rather than an open-market share purchase or sale.

How many stock options did the SBMT executive receive in this Form 4 filing?

The executive received stock options covering 30,000 common shares. These options represent the right to buy company stock in the future at a fixed exercise price, subject to the vesting schedule and continued service conditions described in the filing.

What is the exercise price and expiration date of the SBMT stock options?

The stock options have an exercise price of $11.50 per share and expire on May 19, 2031. This means the holder can buy shares at $11.50 any time after vesting and before the expiration date, assuming conditions are met.

How do the SBMT options granted to Phillip Anson Nickerson vest over time?

The stock options vest in three equal installments. One-third vests on the first anniversary of the grant date, and one-third vests on each of the next two anniversaries, provided he continues to serve the company during this period.

Is the SBMT Form 4 transaction an open-market buy or sell of shares?

No, this Form 4 reports a grant of stock options, not an open-market trade. It is classified as a grant or award acquisition, giving the executive the right to buy shares later, subject to vesting and an $11.50 exercise price.

What position does the reporting person hold at SILVER BOW MINING CORP.?

The reporting person, Phillip Anson Nickerson, serves as Vice President of Exploration at SILVER BOW MINING CORP. His role focuses on exploration activities, and the reported stock option grant is part of his equity-based compensation package.