WENG THOMAS S. 4

What Happened Thomas S. Weng, a director of International Tower Hill Mines Ltd. (THM), was granted 42,365 deferred stock units on 2026-05-27. The award is reported as a derivative acquisition (code A) at $0.00 per unit (total reported value $0). According to the filing, the deferred stock units vested in full on the grant date, but the underlying common shares will be delivered to Weng only upon his end of service as a director.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (appears timely).
• Transaction type/code: Award/Grant (A) of deferred stock units.
• Amount: 42,365 deferred stock units; price: $0.00; reported cash value: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • Each deferred stock unit equals the right to receive one common share (F1).
  • Units vested in full at grant; shares will be issued when the reporting person ends service as a director (F2).
• This was not a purchase or sale of shares—it's a compensation award/derivative grant.

Context Deferred stock units are a form of compensation that give the recipient a right to future shares rather than immediate stock ownership. Because these units vest now but the shares aren't issued until Weng leaves service, there was no immediate change in marketable share ownership or cash proceeds. Awards like this reflect compensation practices rather than an active buy/sell signal.