Silver Bow director granted 2,821 RSUs in stock award
Rhea-AI Filing Summary
SILVER BOW MINING CORP. (SBMT) director Hennigh Quinton Todd reported an acquisition of 2,821 Common Shares in the form of Restricted Stock Units (RSUs) on 2026-08-26 at a stated price of $0.00 per share. All of these RSUs will vest and convert into Common Shares upon the earliest of a change in control of the company, a sale of a majority of its assets, or the director’s departure from the Board. Following this award, the director holds 218,668 Common Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,821 shares
Net Buy
1 txn
Insider
HENNIGH QUINTON TODD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| non-derivative | Common Shares F1 | 2,821 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 218,668 shares (Direct)
Footnotes (1)
- 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 Issuer's assets; or (iii) the departure of the Reporting Person from the Board of Directors of the Issuer.
Key Figures
RSUs awarded: 2,821 Common Shares
Stated price per share: $0.00
Shares held after transaction: 218,668 Common Shares
+1 more
4 metrics
RSUs awarded
2,821 Common Shares
Restricted Stock Units granted to director on 2026-08-26
Stated price per share
$0.00
Per-share price reported for the 2,821 RSUs
Shares held after transaction
218,668 Common Shares
Direct ownership of Hennigh Quinton Todd after RSU award
Vesting triggers (count)
3
Change in control, sale of majority of assets, or Board departure
Key Terms
Restricted Stock Units ("RSUs"), change in control, sale of the majority of Issuer's assets, Board of Directors
4 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs"). 100% of the RSUs will vest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"upon the earliest of (i) a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
sale of the majority of Issuer's assets financial
"(ii) a sale of the majority of Issuer's assets"
Board of Directors financial
"the departure of the Reporting Person from the Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did SBMT director Hennigh Quinton Todd report on this Form 4?
He reported acquiring 2,821 Common Shares of SILVER BOW MINING CORP. (SBMT) in the form of RSUs on 2026-08-26, at a stated price of $0.00 per share, increasing his direct holdings to 218,668 Common Shares.
What are the vesting conditions for the 2,821 SBMT RSUs?
The 2,821 RSUs will vest and convert into Common Shares upon the earliest of (i) a change in control of SBMT, (ii) a sale of the majority of SBMT’s assets, or (iii) the reporting person’s departure from the Board of Directors.
Was this SBMT Form 4 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating it was made under a Rule 10b5-1 plan. The transaction is reported simply as an RSU award.
AI-generated analysis. How Rhea-AI works. Not financial advice.