WENG THOMAS S. 4
Research Summary
AI-generated summary
THM Director Thomas S. Weng Receives Deferred Stock Award
What Happened
Thomas S. Weng, a director of International Tower Hill Mines Ltd. (THM), was granted 17,787 deferred stock units on 2026-02-09. The units were reported at a $0.00 acquisition price (award/derivative). The units vested in full on the grant date but will be converted into common shares and delivered only when Mr. Weng ends his service as a director.
Key Details
- Transaction date: 2026-02-09; Form 4 filed 2026-02-11 (timely filing).
- Award: 17,787 deferred stock units (DSUs) at $0.00 (code A — grant/award, derivative).
- Each DSU equals the right to receive one common share (footnote).
- The DSUs vested in full on the grant date; shares will be issued upon the reporting person's end of service.
- Shares owned after the transaction are not specified in the provided filing.
Context
Deferred stock units are a common form of director compensation: they represent a future right to shares rather than immediate share ownership. Because delivery is deferred until the end of service, this award does not represent an open-market purchase or sale and should be viewed as routine compensation rather than a direct trading signal.