STOCK TITAN

SILVER BOW MINING (SBMT) CFO boosts stake with 2,500-share open-market buy

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

Rhea-AI Filing Summary

SILVER BOW MINING CORP. Chief Financial Officer Wade Newton Black reported an open-market purchase of common shares. An individual retirement account associated with him bought 2,500 common shares on May 29, 2026 at an average price of $9.6923 per share, held as indirect ownership "by IRA." Following this transaction, his indirect holdings through the IRA totaled 10,000 common shares, and a separate entry shows 25,000 common shares held directly after the same date, indicating a combined reported stake of 35,000 common shares.

Positive

  • None.

Negative

  • None.
Insider Black Wade Newton
Role Chief Financial Officer
Bought 2,500 shs ($24K)
Type Security Shares Price Value
Purchase Common Shares 2,500 $9.6923 $24K
holding Common Shares -- -- --
Holdings After Transaction: Common Shares — 10,000 shares (Indirect, by IRA); Common Shares — 25,000 shares (Direct, null)
Footnotes (1)
Open-market purchase 2,500 shares Common shares bought on May 29, 2026
Purchase price $9.6923 per share Average price for 2,500-share buy
Indirect holdings after trade 10,000 shares Common shares held by IRA after transaction
Direct holdings after date 25,000 shares Common shares held directly as of May 29, 2026
Net buy shares 2,500 shares Net buy-sell direction reported as net-buy
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.
indirect ownership financial
"recorded as an indirect holding through an IRA account"
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.
Form 4 regulatory
"What insider transaction did SBMT’s CFO report on this 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.
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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)
05/29/2026
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 Shares05/29/2026P2,500A$9.692310,000Iby 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:
/s/ Wade Black06/01/2026
** 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?

SILVER BOW MINING CORP.’s CFO Wade Newton Black reported an open-market purchase of 2,500 common shares. The trade occurred on May 29, 2026 and was recorded as an indirect holding through an IRA account associated with him.

At what price did the SBMT CFO buy shares in the reported transaction?

The CFO’s IRA bought 2,500 SILVER BOW MINING CORP. common shares at an average price of $9.6923 per share. This reflects an open-market purchase code P, indicating a standard buy in the market rather than an award or option exercise.

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

After the reported transaction, the IRA associated with the CFO held 10,000 SILVER BOW MINING CORP. common shares indirectly. The Form 4 specifies this total in the “shares following transaction” column for the indirect ownership line labeled "by IRA."

What are the SBMT CFO’s directly held common shares after the filing date?

In addition to indirect IRA holdings, the Form 4 shows the CFO directly holding 25,000 SILVER BOW MINING CORP. common shares as of May 29, 2026. This direct position is listed in a separate holding entry with direct ownership indicated by code D.

Does this SBMT Form 4 show any insider share sales?

The Form 4 for SILVER BOW MINING CORP. reports no insider sales. It shows one open-market purchase of 2,500 common shares and a separate holding entry, with the transaction summary indicating a net-buy direction and zero shares sold.