SBMT SILVER BOW MINING CORP.

BULLISH Impact: 5/10 Insider Cluster (10 insiders)
Horizon weeks Filed May 19, 2026 Processed 22d 1h ago
Insider cluster: 2 insiders, $44K total
Latest settled — T+5d ⚠ clustered
SBMT ▼ -1.02% at T+5d
LONG call ✗ call lost -1.02% · α vs SPY -3.26% · entry $8.83 → $8.74
Next anchor: T+20d in 4d
Currently $8.84 · +0.11% from $8.83 entry
Entry anchored
May 19, 12:56 PM ET
via Databento tick
T+1d
+2.49%
call +2.49% · α +1.45%
$9.05
settled 24d ago
T+5d
-1.02%
call -1.02% · α -3.26%
$8.74
settled 17d ago
T+20d
call — · α —
in 4d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Two SBMT insiders — CEO Charles Naugle and CFO Wade Black — made open-market purchases totaling $44K on May 18, 2026, at $8.83/share. This follows a cluster of non-cash equity grants to multiple executives on May 19. The $44K buy represents ~0.017% of the $266M market cap, a trivial amount, but the CEO+CFO joint open-market buy is a rare and potentially informative signal.

Key Financial Metrics

Direction
buying
Total Value
$44.1K
Insiders
10

Actionable Insight

The CEO+CFO joint open-market buy, while small in absolute dollars, is a rare and potentially informative signal. Monitor for upcoming catalysts (earnings, drilling results, M&A) that may have prompted the insider confidence. The equity grants are standard compensation and not actionable.

Key Facts

  • CEO Charles Naugle purchased 2,500 shares for $22,075 on May 18, 2026.
  • CFO Wade Black purchased 2,500 shares for $22,075 on May 18, 2026.
  • Total open-market purchase value: $44,150, or ~0.017% of $266M market cap.
  • On May 19, 2026, 8 executives received non-cash equity grants totaling 280,500 shares at $0.
  • The CEO+CFO joint open-market buy is a rare event and carries stronger signal than the dollar amount alone suggests.

Financial Impact

Open-market purchases of $44K by CEO and CFO; non-cash grants of 280,500 shares at $0.

insider ownershipdilution

Risk Factors

  • The $44K purchase is only 0.017% of market cap — too small to be a strong conviction signal.
  • Historical calibration shows past neutral reports on SBMT underperformed at T+5; this bullish read may face similar headwinds.
  • Equity grants on May 19 could indicate a lock-up or blackout period ending, not necessarily bullish sentiment.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SBMT-1779460406219
15 reports for SBMT
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SBMT — sortable, filterable
Type Now
Jun 9, 2026
3d ago
8-K
BEARISH ★ 6/10
$7.59 awaiting T+1awaiting T+1$8.84 (−16.47%)
Jun 5, 2026
7d ago
Insider Cluster
NEUTRAL ★ 3/10
$9.02 awaiting T+1awaiting T+1$8.84 (−2.00%)
Jun 2, 2026
10d ago
Insider Cluster
BULLISH ★ 5/10
$9.35 $9.05▼ −3.21%▼ −2.52%$8.84 (−5.45%)
May 19, 2026
24d ago
Insider Cluster
BULLISH ★ 5/10
$8.83 $9.05▲ +2.49%▲ +1.45%$8.84 (+0.11%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$8.83 $9.05▲ +2.49%▲ +1.45%$8.84 (+0.11%)
May 19, 2026
24d ago
Insider Cluster
BULLISH ★ 5/10
$8.83 $9.05▲ +2.49%▲ +1.45%$8.84 (+0.11%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$8.83 $9.05▲ +2.49%▲ +1.45%$8.84 (+0.11%)
May 1, 2026
6w ago
8-K
NEUTRAL ★ 5/10
$10.62 $9.67▼ −8.95%▼ −9.74%$8.84 (−16.76%)
Apr 30, 2026
6w ago
424B4
NEUTRAL ★ 6/10
$10.75 $10.75· 0.00%▼ −0.22%$8.84 (−17.77%)
Apr 30, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$10.75 $10.75· 0.00%▼ −0.22%$8.84 (−17.77%)
Showing 10 of 15

US Market Status

Market Closed — Opens Mon (45h 53m)

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