BITMINE IMMERSION TECHNOLOGIES, INC.·4

Apr 23, 11:56 AM ET

Edgeworth Jason A 4

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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.