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Silver Bow Mining awards director 2,850 stock units

The restricted units vest on specified company or board events, while the options vest in installments tied to grant anniversaries and continued service.

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Form Type
4

Rhea-AI Filing Summary

Silver Bow Mining Corp. (SBMT) director Andrew Richard Holloway reported an award of 2,850 restricted stock units on September 30, 2026. All are to vest and become convertible into Common Shares upon the earliest of a change in control, a sale of a majority of the issuer’s assets, or his departure from the board. His reported Common Shares following the award were 31,467.

On August 26, 2026, Holloway was granted 30,000 stock options with an exercise price of $8.86. They vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.

Insider Holloway Andrew Richard
Role Director
Type Security Shares Price Value
Grant/Award Common Shares F1 2,850 $0.00 $0.00
derivative Stock Options (Right to Buy) F2 30,000 $0.00 $0.00
Holdings After Transaction: Stock Options (Right to Buy) — 30,000 contracts (Direct); Common Shares — 31,467 shares (Direct)
Footnotes (2)
  1. F1. Restricted Stock Units, 100% of which will vest and be convertible into Common Shares upon the earliest of (i) a change in control of the Issuer; (ii) a sale of the majority of Issuer's assets; or (iii) the departure of the Reporting Person from the Board of Directors of the Issuer.
  2. F2. 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.
Restricted stock units awarded 2,850 units September 30, 2026
Common Shares following award 31,467 shares Reported after the September 30, 2026 award
Stock options granted 30,000 options August 26, 2026
Exercise price $8.86 per share Stock options granted August 26, 2026
Option expiration date August 26, 2031 Stock options granted August 26, 2026
Option vesting installments One-third On the first anniversary of the grant date and each subsequent anniversary, subject to continued service
Restricted Stock Units technical
"Restricted Stock Units, 100% of which will vest"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (Right to Buy) technical
"Stock Options (Right to Buy)"
change in control technical
"upon the earliest of (i) a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When do Andrew Richard Holloway’s SBMT restricted stock units vest?

All 2,850 restricted stock units are to vest and become convertible into Common Shares upon the earliest of a change in control, a sale of a majority of Silver Bow Mining Corp.’s assets, or Holloway’s departure from the board.

What are the terms of Andrew Richard Holloway’s SBMT stock options?

Holloway was granted 30,000 options with an exercise price of $8.86 and an expiration date of August 26, 2031. They vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Holloway Andrew Richard

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
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 Shares09/30/2026A2,850(1)A$031,467D
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
Stock Options (Right to Buy)$8.8608/26/202630,000 (2)08/26/2031Common Shares30,000$030,000D
Explanation of Responses:
1. Restricted Stock Units, 100% of which will vest and be convertible into Common Shares upon the earliest of (i) a change in control of the Issuer; (ii) a sale of the majority of Issuer's assets; or (iii) the departure of the Reporting Person from the Board of Directors of the Issuer.
2. 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/ Andrew Holloway10/02/2026
** 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)

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