Silver Bow (SBMT) VP Stiles Avery Receives 36,000-Share Option Award

What Happened

• Stiles Douglas Avery, Vice President of Regulatory & External Affairs at Silver Bow Mining Corp. (SBMT), was granted a derivative award of 36,000 shares on 2026-05-19. The Form 4 reports an acquisition price of $0.00 (derivative), consistent with an option grant rather than an open-market purchase. No cash value or immediate sale is indicated in the filing.

Key Details

• Transaction date: 2026-05-19; Form filed (amended) 2026-05-22 (Accession 0000912282-26-000762).
• Quantity: 36,000 derivative shares (stock options); reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: Options vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.
• Filing status: This is an amended Form 4.

Context

• This was an award (option grant), not a purchase or sale. Such grants typically vest over time and do not represent immediate buying or selling in the open market. They are common as compensation for executives and do not by themselves indicate the insider’s view of near-term share-price prospects.