Silver Bow Mining CEO receives 3,648 stock units

The RSUs vest and become convertible upon the earliest of a change in control, a sale of a majority of Silver Bow’s assets, or Naugle’s departure from its board.

Rhea-AI Filing Summary

Silver Bow Mining Corp. (SBMT) reports that CEO and director Charles Travis Naugle received an award of 3,648 Restricted Share Units (RSUs) on September 30, 2026. The RSUs will vest and be convertible into common shares upon the earliest of a change in control, a sale of a majority of the company’s assets, or Naugle’s departure from the board. His reported direct position after the award was 151,779 shares; he also reported 43,799 shares held indirectly through a 401(k) plan.

Insider Trade Summary

Grant/Award: 3,648 shares

Grant/Award 2 txns

Insider Naugle Charles Travis

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	3,648	$0.00	$0.00
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 151,779 shares (Direct); Common Shares — 43,799 shares (Indirect, By 401(k) plan)

Footnotes (1)

1. F1. Restricted Share 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

Restricted Share Units awarded: 3,648 units Reported direct position after transaction: 151,779 shares Indirect holdings through 401(k) plan: 43,799 shares

3 metrics

Restricted Share Units awarded 3,648 units Awarded September 30, 2026

Reported direct position after transaction 151,779 shares As of September 30, 2026

Indirect holdings through 401(k) plan 43,799 shares As of September 30, 2026

Key Terms

Restricted Share Units, vest, convertible

3 terms

Restricted Share Units financial

"Restricted Share Units ("RSUs")"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

vest financial

"100% of the RSUs will vest"

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.

convertible technical

"convertible into Common Shares"

A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did SBMT CEO Charles Travis Naugle receive?

Charles Travis Naugle received an award of 3,648 Restricted Share Units on September 30, 2026. The units will vest and be convertible into common shares upon the earliest of a change in control, a sale of a majority of the company’s assets, or his departure from the board.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 03:19 PM Accepted by SEC EDGAR 10/02/2026 - 03:18 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Naugle Charles Travis

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	09/30/2026		A		3,648(1)	A	$0	151,779	D
Common Shares								43,799	I	By 401(k) plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted Share 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.

	/s/ Travis Naugle	10/02/2026
	** Signature of Reporting Person	Date
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)