Black Wade Newton 4

What Happened
Wade Newton, Chief Financial Officer of Silver Bow Mining Corp. (SBMT), acquired 500 shares on April 30, 2026 at $10.75 per share, for a total cost of $5,375. The transaction is reported as a purchase (code P), listed as an open-market or private purchase.

Key Details

• Transaction date: 2026-04-30
• Price per share: $10.75; Shares acquired: 500; Total value: $5,375
• Transaction type: Purchase (P) — open-market/private purchase as reported
• Shares owned after transaction: Not specified in the filing
• Notable footnotes: None reported (no 10b5-1 plan, tax withholding, or other special conditions disclosed)
• Filing timeliness: Form filed on 2026-04-30 (same day as the transaction)

Context
Purchases by executives can be viewed as a positive indicator since insiders are adding to their positions, but this particular buy is modest in size ($5.4K) and may not be material on its own. The filing shows a straightforward equity purchase rather than an option exercise, gift, or tax-related transaction.