Silver Bow Mining (SBMT) COO Kevin Shiell Receives 20,000 Option Award

What Happened

• Kevin G. Shiell, Chief Operating Officer of Silver Bow Mining Corp. (SBMT), received an award of 20,000 derivative shares (stock options) on August 26, 2026. The Form 4 reports an acquisition price of $0.00, indicating a grant rather than a cash purchase.

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28.
• Transaction type/code: A (Grant/Award/Other acquisition); derivative security reported.
• Quantity: 20,000 derivative shares (stock options); reported price: $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — Options vest one‑third on the first anniversary of the grant date and one‑third on each subsequent anniversary, subject to continued service.
• Filing timeliness: Form 4 was filed two days after the transaction (within the typical 2-business-day reporting window).

Context

• This is an equity award (a grant of options), not an open-market purchase or sale. Such grants are common for executive compensation and vest over time; they do not represent immediate buying or selling of company stock.