Silver Bow Mining Corp. Grants Executive Stock Options and RSUs

What Happened

• On August 26, 2026 (reported on Form 8-K filed Sept. 1, 2026 under Item 5.02), Silver Bow Mining Corp. granted equity awards to several named executive officers under its long-term incentive plan. CEO Travis Naugle received 150,000 stock options and 3,611 restricted stock units (RSUs). President Doug Stiles received 50,000 stock options, CFO Wade Black received 10,000 stock options, and COO Kevin Shiell received 20,000 stock options.

Key Details

• Grant date: August 26, 2026; Form 8-K filed Sept. 1, 2026 (Item 5.02).
• Option terms: Each option vests in three equal annual installments (one-third each year) and is exercisable at US$8.86 per share until August 26, 2031.
• RSU terms (CEO only): 3,611 RSUs vest upon the earlier of (i) a change in control, (ii) sale of a majority of the Company’s assets, or (iii) Mr. Naugle’s departure from the Board.
• Awards granted under the Company’s long-term incentive plan to named executive officers.

Why It Matters

• These grants align senior management compensation with future stock performance and potential corporate transactions (change in control or asset sale). For investors, the awards can affect share dilution over time if options are exercised and RSUs vest and convert to shares. The exercise price ($8.86) and five-year term to expiration give a clear timeframe for potential dilution and management incentive alignment.