BMNR Director Edgeworth Receives 4,749 Shares via RSU Vesting

What Happened
Jason A. Edgeworth, a director of BitMine Immersion Technologies, Inc. (BMNR), had 4,749 restricted stock units (RSUs convert/vest) recorded on July 23, 2026. The Form 4 shows an acquisition of 4,749 shares at $0.00 (conversion/settlement of RSUs) and a matching derivative disposition entry for 4,749 shares at $0.00. No cash purchase or sale proceeds are reported — this reflects issuance/settlement of compensation awards rather than an open‑market trade.

Key Details

• Transaction date: July 23, 2026; Form 4 filed July 24, 2026 (timely).
• Reported amounts: 4,749 shares acquired via conversion (price $0.00) and 4,749 shares listed as disposed (derivative) at $0.00.
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1–F3 indicate these were RSUs that settle into common stock; each RSU equals one share. The RSUs were part of a 2026 award granted Jan 23, 2026 that vests quarterly in four equal 25% installments over 12 months (this report likely reflects one vesting installment).
• No 10b5-1 plan, tax‑withholding, or cashless sale details are disclosed on the Form 4.

Context
The filing uses transaction code M (exercise/conversion of a derivative) to reflect conversion/settlement of RSUs. The simultaneous acquisition and derivative disposition at $0.00 typically indicates shares issued upon vesting or an internal settlement process — not a market sale or purchase. For retail investors, this is a routine insider compensation event rather than a direct buy/sell signal.