THM (THM) director receives 36,135 deferred stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cole Andrew Phillip reported acquisition or exercise transactions in this Form 4 filing.
INTERNATIONAL TOWER HILL MINES LTD director Andrew Phillip Cole reported a compensation-related equity grant. On May 27, 2026, he was awarded 36,135 deferred stock units, each representing the right to receive one common share.
The deferred stock units vested in full on the grant date, and the underlying shares will be delivered when his service as a director ends. Following this award, his reported holding in these deferred stock units is 36,135, reflecting a routine, non-cash addition to his equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cole Andrew Phillip
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 36,135 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 36,135 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents the right to receive one common share. The reported deferred stock units vested in full on the date of grant and the Reporting Person will receive the shares underlying the deferred stock units upon the Reporting Person's end of service as a Director.
Key Figures
Deferred stock units granted: 36,135 units
Price per deferred stock unit: $0.00
Total deferred stock units after grant: 36,135 units
+1 more
4 metrics
Deferred stock units granted
36,135 units
Grant on May 27, 2026
Price per deferred stock unit
$0.00
Equity award, no cash price
Total deferred stock units after grant
36,135 units
Holdings following transaction
Underlying common shares
36,135 shares
One share per deferred stock unit
Key Terms
Deferred Stock Units, grant/award acquisition, underlying security title, vested in full
4 terms
Deferred Stock Units financial
"security_title: "Deferred Stock Units""
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
underlying security title financial
"underlying_security_title: "Common Stock""
vested in full financial
"The reported deferred stock units vested in full on the date of grant"
FAQ
What insider transaction did INTERNATIONAL TOWER HILL MINES (THM) report?
INTERNATIONAL TOWER HILL MINES reported that director Andrew Phillip Cole received 36,135 deferred stock units as an equity award. These units are a form of stock-based compensation and do not involve a cash purchase or sale in the open market.
What are deferred stock units in the THM Form 4 filing?
Deferred stock units in this filing represent the right to receive one common share of INTERNATIONAL TOWER HILL MINES for each unit. They function as deferred equity compensation, settling in shares at a later date instead of paying immediate cash to the director.
When do the THM deferred stock units granted to the director vest and settle?
The reported deferred stock units vested in full on the grant date, May 27, 2026. Although vesting occurred immediately, the director will receive the underlying common shares only when his service as a director with INTERNATIONAL TOWER HILL MINES ends.
How many deferred stock units does the THM director hold after this transaction?
After this transaction, Andrew Phillip Cole holds 36,135 deferred stock units directly. This total matches the number of units granted in the reported award, indicating his current position in this specific form of equity compensation at INTERNATIONAL TOWER HILL MINES.
Does the THM Form 4 show an open-market buy or sell by the director?
No, the Form 4 reports a grant of 36,135 deferred stock units to the director as compensation. It is classified as a grant or award acquisition, not an open-market buy or sell transaction involving cash or trading of existing common shares.