Silver Bow Mining (SBMT) officer linked to 30,000 stock options at $11.50

Rhea-AI Filing Summary

SILVER BOW MINING CORP. reported a derivative position for Chief Accounting Officer Peter William Burroughs involving 30,000 stock options tied to common shares. The options have an exercise price of $11.50 per share and expire on May 19, 2031. According to the footnote, one-third of the options vest on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Burroughs Peter William

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
NULL	Stock Options (Right to Buy)	30,000	$0.00	--

Holdings After Transaction: Stock Options (Right to Buy) — 30,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock options position: 30,000 options Exercise price: $11.50 per share Underlying shares: 30,000 common shares +2 more

5 metrics

Stock options position 30,000 options Stock Options (Right to Buy) linked to common shares

Exercise price $11.50 per share Conversion or exercise price for the stock options

Underlying shares 30,000 common shares Underlying security shares for the reported options

Expiration date May 19, 2031 Options expiration date

Vesting schedule One-third annually over three years Vests on first anniversary and each subsequent anniversary, subject to service

Key Terms

Stock Options (Right to Buy), conversion or exercise price, expiration date, underlying security, +1 more

5 terms

Stock Options (Right to Buy) financial

"security_title: Stock Options (Right to Buy)"

conversion or exercise price financial

"conversion_or_exercise_price: 11.5000"

expiration date financial

"expiration_date: 2031-05-19T00:00:00.000Z"

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

underlying security financial

"underlying_security_title: Common Shares"

vesting financial

"Stock options vest as follows: one-third on the first anniversary"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burroughs Peter William

(Last) (First) (Middle)

C/O SILVER BOW MINING CORP.

1401 IDAHO STREET

(Street)

BUTTE MONTANA 59701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SILVER BOW MINING CORP. [ SBMT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$11.5	05/19/2026				30,000		(1)	05/19/2031	Common Shares	30,000	$0	30,000	D

Explanation of Responses:

1. Stock options vest as follows: one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.

	/s/ Peter Burroughs	05/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider activity did SBMT report for Peter William Burroughs?

SILVER BOW MINING CORP. reported that Chief Accounting Officer Peter William Burroughs is associated with 30,000 stock options. These options relate to common shares, have an $11.50 exercise price, and expire on May 19, 2031, with vesting over three annual installments.

How many SBMT stock options are involved in this Form 4 filing?

The filing shows a position of 30,000 stock options. These options are exercisable into 30,000 common shares at $11.50 per share and have a stated expiration date of May 19, 2031, subject to the vesting schedule described in the footnote.

What is the exercise price of the SBMT stock options reported?

The stock options reported for SILVER BOW MINING CORP. carry a conversion or exercise price of $11.50 per share. This is the price at which the holder may purchase the underlying common shares once the options have vested and are exercisable.

When do the SBMT stock options reported in this Form 4 expire?

The reported stock options have an expiration date of May 19, 2031. After this date, any unexercised options would no longer be exercisable. The options vest in three annual installments, assuming the holder’s continued service with the company.

How do the SBMT stock options for Peter William Burroughs vest?

The filing states that the stock options vest one-third on the first anniversary of the grant date, and one-third on each subsequent anniversary. Vesting is conditioned on continued service, meaning the holder generally must remain with the company for the options to vest.

What security underlies the SBMT stock options in this insider report?

The stock options are linked to SBMT common shares as the underlying security. Each option relates to one common share, so 30,000 stock options correspond to 30,000 underlying common shares, subject to the vesting and exercise terms described in the filing.