STOCK TITAN

Silver Bow Mining (SBMT) CFO adds 5,000 shares at $8.50

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

Rhea-AI Filing Summary

SILVER BOW MINING CORP. Chief Financial Officer Wade Newton Black reported a new open-market purchase of 5,000 common shares at an average price of about $8.50 per share through an IRA account, bringing his indirect IRA holdings to 7,500 shares.

A separate entry shows he holds 25,000 common shares directly as of the same date. The filing reflects a net increase in his ownership, with no sales or derivative exercises reported in this Form 4.

Positive

  • None.

Negative

  • None.

Insights

CFO makes a modest open-market share purchase, signaling increased personal exposure.

The Chief Financial Officer, Wade Newton Black, executed an open-market purchase of 5,000 common shares at about $8.50 per share via an IRA, increasing his indirect holdings in that account to 7,500 shares. No sales were reported.

He also reports holding 25,000 shares directly, so the transaction modestly increases his overall exposure to SILVER BOW MINING CORP. The filing shows no derivative positions or complex structures, indicating a straightforward cash purchase whose significance depends on future company performance.

Insider Black Wade Newton
Role Chief Financial Officer
Bought 5,000 shs ($43K)
Type Security Shares Price Value
Purchase Common Shares 5,000 $8.5005 $43K
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 7,500 shares (Indirect, by IRA); Common Shares — 25,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Open-market purchase size 5,000 shares Common Shares bought on 2026-05-26
Purchase price $8.5005 per share Price for 5,000-share open-market purchase
Indirect holdings after transaction 7,500 shares Common Shares held by IRA after purchase
Direct holdings 25,000 shares Common Shares held directly as of transaction date
Net buy shares 5,000 shares Net buy direction in transaction summary
open-market purchase financial
"transaction_action":"open-market purchase""
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.
IRA financial
"nature_of_ownership":"by IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
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)
05/26/2026
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 Shares05/26/2026P5,000A$8.5005(1)7,500Iby IRA
Common Shares25,000D
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
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.43 to $8.55, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth.
/s/ Wade Black05/27/2026
** 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’s CFO report on this Form 4?

SBMT’s CFO reported buying 5,000 common shares. Wade Newton Black purchased 5,000 shares of SILVER BOW MINING CORP. common stock in an open-market transaction, increasing his indirectly held IRA position as disclosed in the Form 4 filing.

At what price did SBMT’s CFO purchase shares on this Form 4?

The CFO bought shares at about $8.50 each. The Form 4 reports a transaction price of $8.5005 per share for 5,000 common shares, reflecting an open-market purchase executed through an IRA account associated with the reporting person.

How many SBMT shares does the CFO hold indirectly after this transaction?

The CFO now holds 7,500 SBMT shares indirectly. Following the 5,000-share open-market purchase at $8.5005 per share, the Form 4 shows that Wade Newton Black’s IRA account beneficially owns 7,500 common shares of SILVER BOW MINING CORP.

How many SBMT shares does the CFO hold directly after the reported transactions?

The CFO reports 25,000 SBMT shares held directly. A separate holding line in the Form 4 shows Wade Newton Black as the direct owner of 25,000 common shares of SILVER BOW MINING CORP. as of the reported transaction date.

Were any SBMT shares sold or derivatives exercised in this Form 4?

No sales or derivative exercises were reported. The Form 4 reflects one open-market purchase of 5,000 common shares and a separate holding entry, with transaction data showing no sales, option exercises, or other derivative transactions for this reporting period.