STOCK TITAN

CFO at Silver Bow Mining (SBMT) receives 15K stock options at $11.50

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Silver Bow Mining Corp. reported that Chief Financial Officer Wade Newton received a grant of stock options. The award covers 15,000 stock options to buy common shares at an exercise price of $11.50 per share, expiring on May 19, 2031.

These options vest in three equal parts: one-third on the first anniversary of the grant date and one-third on each of the next two anniversaries, as long as he continues in service. Following this grant, he holds 15,000 stock options directly.

Positive

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Insider Black Wade Newton
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Stock Options (Right to Buy) 15,000 $0.00 --
Holdings After Transaction: Stock Options (Right to Buy) — 15,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 15,000 options Stock option grant to CFO Wade Newton
Exercise price $11.50 per share Stock options exercise price for common shares
Underlying shares 15,000 common shares Shares purchasable upon option exercise
Expiration date May 19, 2031 Option term end date
Holdings after grant 15,000 options Total stock options held following transaction
Stock Options (Right to Buy) financial
"security_title: "Stock Options (Right to Buy)""
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.
expiration date financial
"expiration_date: "2031-05-19T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vesting financial
"Stock options vest as follows: one-third on the first anniversary of the grant date"
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.
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*
Black Wade Newton

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
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
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)$11.505/19/2026A15,000 (1)05/19/2031Common Shares15,000$015,000D
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.
Wade Black05/20/2026
** 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)

FAQ

What insider transaction did SBMT disclose for CFO Wade Newton?

Silver Bow Mining Corp. disclosed that CFO Wade Newton received a grant of 15,000 stock options. These options give him the right to buy common shares at $11.50 each, with a long-term expiration date in May 2031.

How many stock options were granted to the SBMT CFO and at what price?

The CFO was granted 15,000 stock options with an exercise price of $11.50 per share. This means he can buy up to 15,000 common shares at that fixed price if the options vest and are exercised.

What is the vesting schedule for the SBMT CFO’s 15,000 stock options?

The 15,000 stock options vest in three equal installments over three years. One-third vests on the first anniversary of the grant date, and one-third vests on each of the following two anniversaries, subject to his continued service at the company.

When do the SBMT CFO’s newly granted stock options expire?

The granted stock options expire on May 19, 2031, providing a multi-year exercise window. If unexercised by that date, the options lapse and no longer allow the purchase of Silver Bow Mining Corp. common shares at the $11.50 exercise price.

How many stock options does the SBMT CFO hold after this Form 4 transaction?

After this grant, the CFO directly holds 15,000 stock options according to the Form 4. This reflects the newly awarded options, which are tied to common shares and are subject to the disclosed vesting and expiration terms.