INTERNATIONAL TOWER HILL MINES LTD·4

May 29, 4:39 PM ET

Harshaw Stuart Alan 4

Research Summary

AI-generated summary

Updated

Tower Hill Mines (THM) Director Harshaw Receives 36,135-Unit Award

What Happened
Stuart Alan Harshaw, a director of International Tower Hill Mines Ltd (THM), was granted 36,135 deferred stock units on 2026-05-27. The Form 4 reports these as a derivative award (code A) acquired at $0.00 (no cash paid). The filing (accession 0001123292-26-000771) was submitted on 2026-05-29. According to the filing footnotes, each deferred stock unit represents the right to receive one common share, the units vested in full on the grant date, and the underlying shares will be delivered upon Harshaw’s end of service as a director.

Key Details

  • Transaction date: 2026-05-27; filing date: 2026-05-29.
  • Instrument: 36,135 deferred stock units (derivative award), acquisition price reported $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 — each deferred stock unit equals one common share; F2 — units vested in full on grant but shares will be issued only when the director’s service ends.
  • Timeliness: Filing occurred within days of the transaction (no late-report indicator in the filing).

Context
This was an equity compensation award for a director, not an open-market purchase or sale. While awards increase potential future share count for the insider, they are typically part of routine director compensation and do not, by themselves, signal a buy/sell decision. Because the units convert to shares only upon end of service, there was no immediate transfer of common shares into the market.