Cole Andrew Phillip 4

What Happened Cole Andrew Phillip, a director of International Tower Hill Mines Ltd. (THM), was granted 36,135 deferred stock units on May 27, 2026. The units were reported at $0.00 (no cash paid) and are recorded as a derivative award. The filing notes the deferred stock units vested in full on the grant date but will be settled into common shares only when Mr. Phillip's service as a director ends.

Key Details

• Transaction type: Award/Grant (derivative) of 36,135 deferred stock units (Form 4 code A).
• Transaction date: 2026-05-27; Form 4 filed 2026-05-29 (filed within the typical two-business-day Form 4 window).
• Price: $0.00 per unit; acquisition value reported as $0 on the form.
• Settlement: Each deferred stock unit entitles the holder to one common share (Footnote F1). Units vested immediately but will be paid out as shares upon termination of director service (Footnote F2).
• Shares owned after transaction: Not specified on the reported Form 4.

Context This is a compensation-related award (deferred equity) rather than an open-market purchase or sale. Because the units are deferred and will be converted to shares only at the end of service, this grant does not immediately increase Mr. Phillip’s voting power or put additional common shares into circulation. Compensation awards are routine for directors and do not by themselves indicate a buy/sell signal.