MALONEY MICHAEL STEPHEN 4

What Happened Michael Stephen Maloney, a director of Bitmine Immersion Technologies, Inc. (BMNR), was granted awards on January 23, 2026: 11,582 shares of common stock (awarded for 2025 board service) and 15,996 restricted stock units (RSUs). Both grants show an acquisition price of $0.00 (they are awards/compensation), for a combined total of 27,578 shares/units. The RSUs are derivative awards that represent a contingent right to receive shares.

Key Details

• Transaction date: January 23, 2026; filing date: January 27, 2026 (filed within required Form 4 timeframe).
• Grants: 11,582 shares acquired at $0.00 (service award for 2025) and 15,996 RSUs acquired at $0.00 (derivative).
• Total units granted: 27,578 (11,582 shares + 15,996 RSUs).
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: 11,582 shares represent common stock awarded for Board service during calendar year 2025.
  • F2: Each RSU represents a contingent right to receive one share of common stock.
  • F3: The 15,996 RSUs are the 2026 director award and vest quarterly in equal 25% installments over the 12 months following the grant date.
• No sale or purchase for cash occurred; these are compensation awards (transaction code A).

Context Director awards like these are common non-employee director compensation and are not the same as open-market purchases or sales. The RSUs will convert to actual shares as they vest according to the quarterly schedule; until vested, they remain contingent rights rather than freely tradable shares.