Bitmine Immersion Technologies Director Olivia Howe Settles 4,749 RSUs into Common Shares

Insider Filing Analysis: Bitmine Immersion Technologies, Inc. (NASDAQ/OTC: BMNR)

Executive Summary

On October 23, 2026, Bitmine Immersion Technologies Director Olivia Howe acquired 4,749 shares of common stock at $0.00 per share via the settlement of restricted stock units (RSUs). Following this transaction, Director Howe directly holds 52,886 shares of common stock.

Key Transaction Details

• Filing Date: October 23, 2026
• Transaction Date: October 23, 2026
• Transaction Code: M (Exercise or conversion of derivative security exempted under Rule 16b-3)
• Shares Acquired: 4,749 shares
• Price per Share: $0.00 (settlement of pre-existing award)
• Post-Transaction Holdings: 52,886 common shares held directly
• Derivative Activity: 4,749 RSUs were exercised/converted into common stock. Following this quarterly vesting, 4,749 RSUs remain outstanding under the January 23, 2026 award.

Vesting Context

According to Footnote 3, the RSUs were granted on January 23, 2026, and vest in four equal quarterly installments of 25% over a 12-month period, conditioned on continued service. This transaction reflects the third quarterly vesting tranche of the grant.

Trading Significance & Market Impact

• Significance Level: Low
• Rationale: The transaction represents standard equity compensation vesting rather than an open-market purchase or discretionary sale. No shares were sold to cover withholding taxes or liquidated in the open market. This does not indicate active directional sentiment on the company's valuation.