Love Lori 4

What Happened

• Lori Love, a director of BitMine Immersion Technologies, Inc. (BMNR), had 4,374 restricted stock units (RSUs convert/derivatives) settle into 4,374 shares of common stock on April 23, 2026. The shares were issued at $0.00 per share as part of the RSU vesting/derivative conversion (no cash paid or proceeds reported).

Key Details

• Transaction date: 2026-04-23
• Transaction type/codes: Exercise/conversion of derivative (Form 4 code M) resulting in 4,374 shares acquired; corresponding derivative entry shows conversion/disposition of 4,374 derivative units.
• Price: $0.00 per share; total reported cash value: $0
• Shares owned after transaction: Not specified in the Form 4 filing
• Footnotes: F1–F3 indicate these were RSUs that convert 1:1 to common stock. The 2026 Award RSUs were granted Jan 23, 2026 and vest quarterly in four equal installments over 12 months, subject to continued service.
• Filing timeliness: The Form 4 was filed with the same transaction date (2026-04-23), indicating a timely report.

Context

• This was a vesting/settlement of RSUs (a compensation award), not an open-market buy or sale. Such conversions are routine compensation events and do not by themselves signal a purchase or sale decision in the market.
• No sale or cashless exercise was reported; no tax-withholding disposition or 10b5-1 plan was disclosed in the filing.