Silver Bow Mining grants Durbin 3,648 stock units
The 3,648 RSUs vest and become convertible upon the earliest of a change in control, a sale of a majority of Silver Bow’s assets or the director’s board departure.
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Rhea-AI Filing Summary
Silver Bow Mining Corp. director Steven Douglas Durbin Jr. reported a grant/award of 3,648 common shares on September 30, 2026; the award is identified as restricted stock units (RSUs). His reported direct common-share position after the award was 395,870 shares. The RSUs will vest and become convertible into common shares upon the earliest of specified events. A separate indirect holding of 845,353 common shares is listed through Quail Bend Mineral Partners LLC. Durbin is the LLC’s manager and exercises voting and dispositive power over those shares, while disclaiming beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 3,648 | $0.00 | $0.00 |
| holding | Common Shares F2 | -- | -- | -- |
Footnotes (2)
- F1. Restricted Stock Units ("RSUs"). 100% of the RSUs 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 the Issuer's assets,; or (iii) the departure of the Reporting Person from the Board of Directors of the Issuer.
- F2. Mr. Durbin as the manager of Quail Bend Mineral Partners LLC exercises voting and dispositive power of the common shares, but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
Restricted Stock Units financial
beneficial ownership regulatory
voting and dispositive power regulatory
pecuniary interest regulatory
FAQ
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When do Steven Douglas Durbin Jr.’s SBMT RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.