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. director and Chief Executive Officer Charles Travis Naugle reported an open-market purchase of common shares. He bought 2,500 common shares at $8.83 per share, increasing his direct ownership to 107,500 common shares. He also reported 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 ($22,075)
Net Buy
2 txns
Insider
Naugle Charles Travis
Role
Chief Executive 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 — 107,500 shares (Direct, null);
Common Shares — 43,799 shares (Indirect, By 401(k) plan)
Footnotes (1)
Key Figures
Shares purchased: 2,500 shares
Purchase price: $8.83 per share
Direct holdings after transaction: 107,500 shares
+1 more
4 metrics
Shares purchased
2,500 shares
Open-market purchase of common shares
Purchase price
$8.83 per share
Price paid in the reported open-market trade
Direct holdings after transaction
107,500 shares
Common shares directly owned by CEO after purchase
Indirect 401(k) holdings
43,799 shares
Common shares held indirectly via 401(k) plan
Key Terms
open-market purchase, 401(k) plan, indirect ownership, Form 4
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
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
"nature_of_ownership: 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.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By 401(k) plan"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SBMT CEO Charles Travis Naugle report?
Charles Travis Naugle reported buying 2,500 SILVER BOW MINING CORP. common shares in an open-market transaction. The shares were purchased at $8.83 per share, reflecting a direct increase in his personal equity stake in the company.
Was the SBMT insider transaction a net buy or net sell event?
The filing reflects a net-buy event for SILVER BOW MINING CORP. insiders. The CEO’s open-market purchase of 2,500 shares increased overall insider ownership, with no reported insider sales occurring in this specific Form 4 disclosure.