INTERNATIONAL TOWER HILL (THM) director receives 36,135 deferred stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERNATIONAL TOWER HILL MINES LTD director Anton J. Drescher received a grant of deferred stock units as part of his compensation. He was awarded 36,135 Deferred Stock Units, each representing the right to receive one common share at no current exercise price.
The deferred stock units vested in full on the grant date, and Drescher will receive the underlying common shares when his service as a director ends. Following this award, his reported holdings in these deferred stock units total 36,135, reflecting a routine, non-cash equity compensation grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DRESCHER ANTON J
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
Underlying common shares: 36,135 shares
Exercise price: $0.00 per unit
+1 more
4 metrics
Deferred stock units granted
36,135 units
Grant to director on 2026-05-27
Underlying common shares
36,135 shares
One common share per deferred stock unit
Exercise price
$0.00 per unit
Grant/award acquisition, non-cash compensation
Holdings after transaction
36,135 deferred stock units
Total reported following the grant
Key Terms
Deferred Stock Units, Grant, award, or other acquisition, underlying security title, vested in full on the date of grant
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, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
underlying security title financial
"underlying_security_title: "Common Stock""
vested in full on the date of grant financial
"The reported deferred stock units vested in full on the date of grant"
FAQ
What did Anton J. Drescher report in this Form 4 for THM?
Anton J. Drescher reported receiving a grant of 36,135 deferred stock units. These units are a form of equity compensation that entitle him to receive an equal number of common shares at a future date tied to his board service.
How many deferred stock units did the THM director receive?
The director received 36,135 deferred stock units. Each unit represents the right to receive one common share, making the award economically equivalent to 36,135 future THM common shares once settlement conditions are met.
What does each deferred stock unit represent for THM insiders?
Each deferred stock unit represents the right to receive one common share. This means the units function as deferred equity, giving the holder future stock instead of immediate cash, typically aligning director compensation with shareholder interests over time.
When do the THM deferred stock units granted to the director vest?
The reported deferred stock units vested in full on the date of grant. Although vesting was immediate, the director will not receive the underlying shares until his service as a director ends, deferring actual share delivery.
Is this THM Form 4 transaction a market purchase or sale?
No, this transaction is a grant of deferred stock units, not a market trade. The Form 4 records an equity compensation award with no cash paid by the director and no open-market buying or selling involved.