Intl Tower Hill Mines CFO exercises 30K options

Rhea-AI Filing Summary

INTERNATIONAL TOWER HILL MINES LTD (THM) reports that Chief Financial Officer David Allen Cross exercised stock options for 30,000 shares of common stock on August 20, 2026 at an exercise price of USD $0.67 per share (converted from CAD 0.92), acquiring 30,000 common shares now held directly. The options, originally granted on March 27, 2020, had vesting in three annual tranches and an expiry date extended to August 28, 2026 due to a trading blackout period under the company’s 2006 Incentive Stock Option Plan.

Insider Trade Summary

30,000 shares exercised/converted

Exercise 2 txns

Insider Cross David Allen

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Stock Options (right to buy) F1, F2, F3	30,000	$0.00	$0.00
Exercise	Common Stock F1	30,000	$0.67	$20K

Holdings After Transaction: Stock Options (right to buy) — 0 contracts (Direct); Common Stock — 30,000 shares (Direct)

Footnotes (3)

1. F1. The exercise price was converted from CAD 0.92 to USD 0.67, based on the August 19, 2026 exchange rate as quoted by the Bank of Canada. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.
2. F2. Options were granted on March 27, 2020 and vested as follows: one-third on the grant date, one-third on March 27, 2021, and one-third on March 27, 2022.
3. F3. Pursuant to the International Tower Hill Mines Ltd. (the "Company") 2006 Incentive Stock Option Plan, if the expiry date of an option would fall during a trading blackout period imposed on the holder of the option by the Company, the expiry date of such option shall be extended to the close of business on the tenth business day after the end of such trading blackout period. The Company's most recent trading blackout period commenced on February 26, 2026 and ended on August 14, 2026, with the result that the expiry date for the option was August 28, 2026.

Key Figures

Options Exercised: 30,000 shares Common Shares Acquired: 30,000 shares Exercise Price: USD $0.67 per share +5 more

8 metrics

Options Exercised 30,000 shares Stock options exercised into common stock on August 20, 2026

Common Shares Acquired 30,000 shares Common stock received from option exercise on August 20, 2026

Exercise Price USD $0.67 per share Converted from CAD 0.92 using August 19, 2026 Bank of Canada rate

Original Exercise Price CAD 0.92 per share Actual Canadian-dollar exercise price for the options

Grant Date March 27, 2020 Grant date of the stock options exercised

Expiration Date August 28, 2026 Option expiry after blackout-period extension under the plan

Blackout Period Start February 26, 2026 Start of trading blackout affecting option expiry

Blackout Period End August 14, 2026 End of trading blackout used to calculate extended expiry

Key Terms

trading blackout period, Incentive Stock Option Plan, exercise price, vesting

4 terms

trading blackout period regulatory

"if the expiry date of an option would fall during a trading blackout period"

Incentive Stock Option Plan financial

"Pursuant to the International Tower Hill Mines Ltd. (the "Company") 2006 Incentive Stock Option Plan"

A plan that gives employees the right to buy company shares at a fixed price after a vesting period, often with special tax treatment if the shares are held long enough. For investors it matters because these options can motivate and retain staff by tying pay to company performance, but they also increase the number of shares outstanding over time and can dilute existing shareholders and affect reported earnings — think of them as employee coupons for future ownership.

exercise price financial

"The exercise price was converted from CAD 0.92 to USD 0.67"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"Options were granted on March 27, 2020 and vested as follows"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

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

What insider transaction did THM report for its CFO on August 20, 2026?

THM reported that Chief Financial Officer David Allen Cross exercised stock options for 30,000 shares of common stock on August 20, 2026 at an exercise price of USD $0.67 per share, resulting in 30,000 shares of common stock held directly after the transaction.

What was the exercise price of the THM stock options exercised by the CFO?

The stock options exercised by the THM CFO had an exercise price of CAD 0.92, which was reported as USD $0.67 per share based on the August 19, 2026 Bank of Canada exchange rate, with the actual obligation fixed in Canadian dollars.

How many THM shares did the CFO hold after the reported Form 4 transactions?

After the August 20, 2026 transactions, the THM CFO held 30,000 shares of common stock directly, corresponding to the shares received from exercising 30,000 stock options reported in the Form 4 filing.

When were the THM stock options granted and how did they vest?

The THM stock options exercised on August 20, 2026 were granted on March 27, 2020 and vested in three equal parts: one-third on the grant date, one-third on March 27, 2021, and one-third on March 27, 2022, as described in the filing footnotes.

Why did the THM stock options have an August 28, 2026 expiry date?

Under THM’s 2006 Incentive Stock Option Plan, option expiries falling in a trading blackout are extended. A blackout from February 26, 2026 to August 14, 2026 moved the options’ expiry to August 28, 2026, which is the date reported for the exercised options.

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

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Available on EDGAR 08/25/2026 - 04:34 PM EDT Accepted by SEC EDGAR 08/25/2026 - 04:33 PM EDT 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^*

Cross David Allen

(Last) (First) (Middle)

C/O INTERNATIONAL TOWER HILL MINES LTD.

200 BURRARD ST., SUITE 1570

(Street)

VANCOUVER V6C 3L6

(City) (State) (Zip)

CANADA (FEDERAL LEVEL)

(Country)

2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL TOWER HILL MINES LTD [ THM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

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 Stock	08/20/2026		M		30,000	A	$0.67(1)	30,000	D

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
Stock Options (right to buy)	$0.67(1)	08/20/2026		M			30,000	(2)	08/28/2026(3)	Common Stock	30,000	$0	0	D

Explanation of Responses:

1. The exercise price was converted from CAD 0.92 to USD 0.67, based on the August 19, 2026 exchange rate as quoted by the Bank of Canada. The exercise price is the actual Canadian dollar amount regardless of the exchange rate on the date of exercise.

2. Options were granted on March 27, 2020 and vested as follows: one-third on the grant date, one-third on March 27, 2021, and one-third on March 27, 2022.

3. Pursuant to the International Tower Hill Mines Ltd. (the "Company") 2006 Incentive Stock Option Plan, if the expiry date of an option would fall during a trading blackout period imposed on the holder of the option by the Company, the expiry date of such option shall be extended to the close of business on the tenth business day after the end of such trading blackout period. The Company's most recent trading blackout period commenced on February 26, 2026 and ended on August 14, 2026, with the result that the expiry date for the option was August 28, 2026.

	/s/ Debbie Evans by Power of Attorney	08/25/2026
	** 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)