BITMINE IMMERSION TECHNOLOGIES, INC.·4

Apr 23, 11:56 AM ET

Edgeworth Jason A 4

4 · BITMINE IMMERSION TECHNOLOGIES, INC. · Filed Apr 23, 2026

Research Summary

AI-generated summary of this filing

Updated

BitMine (BMNR) Director Jason Edgeworth Receives Award Shares

What Happened
Jason A. Edgeworth, a director of BitMine Immersion Technologies, received 4,749 shares on April 23, 2026 when restricted stock units (RSUs) vested and were settled into common stock. The Form 4 reports an acquisition of 4,749 shares at $0.00 and a corresponding conversion/disposition entry for 4,749 shares at $0.00 — this reflects settlement of the derivative (RSU) into shares, not a market sale or cash exercise.

Key Details

  • Transaction date: 2026-04-23. Price per share reported: $0.00. Shares: 4,749.
  • The filing shows both an "acquired" entry and a matching "disposed" (derivative conversion) entry; this is standard when RSUs convert into common stock.
  • Shares owned after the transaction: not disclosed in this filing.
  • Footnotes: F1–F3 state these shares were settled upon vesting of RSUs; each RSU equals one share; the 2026 Award RSUs were granted Jan 23, 2026 and vest quarterly in four equal 25% installments over the following 12 months.
  • Filing timeliness: The Form 4 was filed on the same date as the transaction (Apr 23, 2026), so no late filing is indicated.

Context

  • This was a compensation-related vesting/settlement of RSUs (derivative conversion), not an open‑market purchase or sale. No cash was paid (reported $0.00), and no immediate sale of the settled shares is reported here.
  • Such filings show insiders receiving equity as part of compensation packages; they are routine and do not by themselves indicate a bullish or bearish signal.

Insider Transaction Report

Form 4
Period: 2026-04-23
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-23+4,74943,338 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F2][F3]
    2026-04-234,74914,247 total
    Common Stock (4,749 underlying)
Footnotes (3)
  • [F1]Represents shares of the Issuer's common stock settled upon the vesting of restricted stock units (each an "RSU").
  • [F2]Each RSU represents a contingent right to receive one share of Common Stock.
  • [F3]2026 Award RSUs were granted on January 23, 2026 and vest quarterly in four equal 25% installments over the 12 months following the grant date, subject to the Reporting Person's continued service through the applicable vesting date.
Signature
/s/ Bailey White, as Attorney-in-fact|2026-04-23

Documents

1 file
  • 4
    ownership.xmlPrimary

    4