Silver Bow (SBMT) CFO Black Wade Newton Receives Award

What Happened

• Black Wade Newton, Chief Financial Officer of Silver Bow Mining Corp. (SBMT), was granted a derivative award of 10,000 shares on August 26, 2026. The filing reports an acquisition price of $0.00 (code A — award/grant/other acquisition), indicating a compensatory stock option/award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-26; Filing date: 2026-08-28 (reported two days after the transaction).
• Amount: 10,000 shares granted; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: F1 — options vest one-third on the first anniversary of the grant and one-third on each subsequent anniversary, subject to continued service.
• Transaction type/code: A (Award/Grant); derivative instrument (stock option/award), not an immediate cash purchase or sale.

Context

• This was a compensation-related award that vests over three years; it does not represent an immediate cash investment or a sale. Such grants are common for executive retention and incentives and do not by themselves indicate immediate buying or selling pressure. The filing appears timely (reported two days after the grant).