STOCK TITAN

Silver Bow Mining (SBMT) awards 60K stock options to secretary

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

Rhea-AI Filing Summary

Silver Bow Mining Corp. reported that Corporate Secretary Chun Ruth Young received a grant of stock options as compensation. She was awarded 60,000 stock options to buy common shares at an exercise price of $11.50 per share, expiring on May 19, 2031. The options vest over three years, with one-third vesting on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service. Following this award, Young holds 60,000 stock options directly.

Positive

  • None.

Negative

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Insider Chun Ruth Young
Role Corporate Secretary
Type Security Shares Price Value
Grant/Award Stock Options (Right to Buy) 60,000 $0.00 --
Holdings After Transaction: Stock Options (Right to Buy) — 60,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Options granted 60,000 options Stock Options (Right to Buy) granted to Chun Ruth Young
Exercise price $11.50 per share Conversion or exercise price for the stock options
Options after transaction 60,000 options Total derivative securities following the transaction
Expiration date May 19, 2031 Stock option expiration date
Underlying shares 60,000 common shares Underlying security shares for the options
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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.
vest financial
"Stock options vest as follows: one-third on the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Chun Ruth Young

(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)
Corporate Secretary
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)$11.505/19/2026A60,000 (1)05/19/2031Common Shares60,000$060,000D
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.
Ruth Chun05/20/2026
** 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 Chun Ruth Young report for SILVER BOW MINING (SBMT)?

Chun Ruth Young reported receiving a stock option grant. She was awarded 60,000 stock options to buy Silver Bow Mining common shares as part of compensation, rather than buying shares in the open market, according to the Form 4 filing.

How many Silver Bow Mining (SBMT) stock options were granted and at what price?

She was granted 60,000 stock options at $11.50 per share. These options give her the right to buy 60,000 common shares of Silver Bow Mining at a fixed exercise price of $11.50 until they expire.

When do Chun Ruth Young’s Silver Bow Mining (SBMT) options expire?

The stock options expire on May 19, 2031. This means she can choose to exercise the options any time before that date, subject to vesting conditions and continued service requirements described in the Form 4 footnote.

How do the Silver Bow Mining (SBMT) stock options granted to Chun Ruth Young vest?

The options vest in three equal annual installments. One-third vests on the first anniversary of the grant date, and one-third on each of the next two anniversaries, provided she continues in service during the vesting period.

Was Chun Ruth Young’s Silver Bow Mining (SBMT) Form 4 a market purchase or a grant?

The Form 4 reports a grant or award acquisition, not a market purchase. The transaction code is “A,” indicating stock options were granted as compensation at a set exercise price, rather than bought on the open market.

What is Chun Ruth Young’s derivative position in Silver Bow Mining (SBMT) after this grant?

After the transaction, she holds 60,000 stock options directly. The total options following the transaction equals the 60,000 options granted, and no additional derivative positions are listed in this Form 4 excerpt.