Tully Edel 4
Research Summary
AI-generated summary
International Tower Hill Mines (THM) Director Tully Edel Receives Award
What Happened
- Tully Edel, a director of International Tower Hill Mines Ltd. (THM), received an award of 11,858 deferred stock units (DSUs) on 2026-02-09. The filing reports these as a derivative grant at $0.00 per unit.
- This is an award/grant (not an open-market buy or sale). The DSUs represent the right to receive one common share each, but the underlying shares will be issued only when Edel's service as a director ends.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely filing).
- Grant amount: 11,858 deferred stock units; reported price: $0.00 (grant/award).
- Post-transaction share ownership: Not specified in the excerpted data.
- Footnotes of note:
- F1: Each DSU equals the right to receive one common share.
- F2: The DSUs vested in full on the grant date, but shares will be delivered only upon the Reporting Person’s end of service as a Director.
- Transaction type: A = Award/Grant (derivative), not a cash purchase or sale.
Context
- Deferred stock units are a form of compensation that vests but defers delivery until a future event (here, end of service). Because the shares are not yet issued, this grant does not immediately change the company’s outstanding common stock or indicate a buy/sell market signal.