Director at International Tower Hill (THM) gets 17,787 deferred units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WENG THOMAS S. reported acquisition or exercise transactions in this Form 4 filing.
International Tower Hill Mines Ltd. director Thomas S. Weng received a grant of 17,787 deferred stock units on February 9, 2026. Each deferred stock unit represents the right to receive one common share, and the award vested in full on the grant date.
Mr. Weng will receive the underlying common shares when his service as a director ends. Following this grant, he directly holds 17,787 deferred stock units linked to the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WENG THOMAS S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 17,787 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 17,787 shares (Direct)
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.
FAQ
What insider transaction did THM director Thomas S. Weng report?
Thomas S. Weng reported receiving a grant of 17,787 deferred stock units tied to International Tower Hill Mines common shares. The units were awarded on February 9, 2026 and are classified as a grant, award, or other acquisition under the reporting rules.
How many securities does Thomas S. Weng hold after this THM Form 4?
After the reported transaction, Thomas S. Weng beneficially owns 17,787 deferred stock units directly. Each deferred stock unit represents the right to receive one common share of International Tower Hill Mines, linking his reported holdings to the company’s equity value for disclosure purposes.
What are deferred stock units in the THM Form 4 for Thomas S. Weng?
The deferred stock units are derivative securities where each unit represents the right to receive one common share. In this case, 17,787 deferred stock units were granted, giving a corresponding right to receive 17,787 common shares of International Tower Hill Mines under the deferred arrangement.
When do the THM deferred stock units for Thomas S. Weng vest and settle?
The reported deferred stock units vested in full on the date of grant, February 9, 2026. However, the underlying common shares will only be delivered when Thomas S. Weng’s service as a director ends, aligning settlement timing with his board tenure.
Was there a purchase price for the 17,787 THM deferred stock units granted?
The reported transaction shows a price per deferred stock unit of $0.0000. This indicates that the 17,787 deferred stock units were received as a grant or award, rather than acquired through an open-market purchase or other cash-based transaction by Thomas S. Weng.
Is Thomas S. Weng’s ownership of the THM deferred stock units direct or indirect?
The filing classifies Thomas S. Weng’s ownership of the 17,787 deferred stock units as direct. There is no separate entity or indirect ownership structure disclosed in the transaction details, so the holdings are reported in his own name for Section 16 purposes.