Silver Bow Mining (SBMT) VP awarded 36,000 stock options at $11.50 strike

Rhea-AI Filing Summary

SILVER BOW MINING CORP. reported that VP of Regulatory & External Affairs Stiles Douglas Avery received a grant of stock options covering 36,000 common shares. The options have an exercise price of $11.50 per share and expire on May 29, 2031. Following this award, Avery holds 36,000 stock options directly. According to the grant terms, the options vest in three equal installments: one-third on the first anniversary of the grant date and one-third on each of the next two anniversaries, subject to continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Stiles Douglas Avery

Role VP, Reg.& External Affairs

Type	Security	Shares	Price	Value
Grant/Award	Stock Options (Right to Buy)	36,000	$0.00	--

Holdings After Transaction: Stock Options (Right to Buy) — 36,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options granted: 36,000 options Exercise price: $11.50 per share Expiration date: May 29, 2031 +1 more

4 metrics

Options granted 36,000 options Stock options covering 36,000 common shares granted to VP

Exercise price $11.50 per share Conversion or exercise price of granted options

Expiration date May 29, 2031 Options expire on this date

Options after grant 36,000 options Total stock options held directly following transaction

Key Terms

Stock Options (Right to Buy), exercise price, vesting, expiration date

4 terms

Stock Options (Right to Buy) financial

"security_title: Stock Options (Right to Buy)"

exercise price financial

"conversion_or_exercise_price set at 11.5000 per share"

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.

expiration date financial

"expiration_date listed as 2031-05-29"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

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^*

Stiles Douglas Avery

(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)
	VP, Reg.& External Affairs

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		36,000		(1)	05/29/2031	Common Shares	36,000	$0	36,000	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.

	Douglas Stiles	05/20/2026
	** 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 did SBMT VP Stiles Douglas Avery report on this Form 4?

Stiles Douglas Avery reported receiving a grant of stock options for 36,000 common shares. These options are part of his compensation and give him the right to buy Silver Bow Mining Corp. shares at a fixed exercise price in the future.

What is the exercise price of the new SBMT stock options?

The newly granted stock options have an exercise price of $11.50 per share. This means Avery can choose to buy Silver Bow Mining Corp. common shares at $11.50, regardless of the market price, once the options vest.

How many Silver Bow Mining options does Stiles Douglas Avery now hold?

After this award, Avery holds 36,000 stock options directly. All of these options relate to Silver Bow Mining Corp. common shares and were acquired in this single grant reported on the Form 4.

When do Stiles Douglas Avery’s SBMT options expire?

The stock options granted to Avery expire on May 29, 2031. If he does not exercise them by that expiration date, his right to buy Silver Bow Mining Corp. shares under this grant will lapse.

How do the SBMT options granted to Avery vest over time?

The options vest in three equal installments: one-third on the first anniversary of the grant date and one-third on each subsequent anniversary. Vesting is conditioned on Avery’s continued service with Silver Bow Mining Corp.