Chun Ruth Young 4
4 · SILVER BOW MINING CORP. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Silver Bow Mining (SBMT) Corporate Sec. Chun Ruth Young Receives Award
What Happened
Chun Ruth Young, Corporate Secretary of Silver Bow Mining Corp. (SBMT), was awarded 60,000 derivative securities on 2026-05-19. The report shows an acquisition price of $0.00 (no immediate cash outlay) and total reported value $0 for the grant. This is a compensation award (grant of derivative securities), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Filing date: 2026-05-20 (timely filing).
- Transaction type: A = Award/Grant of derivative securities; Amount: 60,000 shares; Price: $0.00; Reported value: $0.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: Options vest one-third on the first anniversary of the grant and one-third on each subsequent anniversary, subject to continued service.
- Implication: This is a compensation grant (common for employees/executives) and does not by itself signal a buy or sell decision by the insider.
Context
Because this is a grant of derivative securities (likely stock options or restricted units) with a multi-year vesting schedule, the award is intended as compensation/retention. There was no immediate sale or cashless exercise reported. Retail investors should view this as routine insider compensation rather than a direct market purchase or liquidation.
Insider Transaction Report
- Award
Stock Options (Right to Buy)
[F1]2026-05-19+60,000→ 60,000 totalExercise: $11.50Exp: 2031-05-19→ Common Shares (60,000 underlying)
Footnotes (1)
- [F1]Stock options vest as follows: one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.