Bitmine Immersion Director Settles 3,999 RSUs into Common Stock

Executive Summary

On October 23, 2026, Bitmine Immersion Technologies, Inc. (BMNR) Director Michael Stephen Maloney reported the acquisition of 3,999 shares of common stock via the vesting and settlement of Restricted Stock Units (RSUs). The transaction was executed at $0.00 per share pursuant to standard director equity compensation schedules, bringing his total direct ownership of common stock to 238,579 shares.

Transaction Details

• Security: Common Stock ($0.00 par value)
• Transaction Code: M (Exercise or conversion of derivative security exempted under Rule 16b-3)
• Shares Acquired: 3,999
• Execution Price: $0.00
• Post-Transaction Holdings: 238,579 directly held common shares
• Derivative Activity: Settlement of 3,999 RSUs granted on January 23, 2026, which vest quarterly in four equal tranches. Following this vesting event, 3,999 unvested RSUs remain under the grant.

Market & Trading Significance

This transaction carries Low informational significance for public equity investors. The shares were acquired through automatic RSU vesting rather than an open-market purchase, reflecting routine, scheduled board compensation rather than a discretionary market-timing decision. Notably, no common shares were sold or withheld for tax liabilities in this filing.