SHARBUTT DAVID E 4

What Happened
David E. Sharbutt, a director of BitMine Immersion Technologies, Inc. (BMNR), was granted equity awards on January 23, 2026: 7,082 shares (F1), a one‑time grant of 26,000 shares (F2), and a derivative award of 57,000 options (F3). All awards were granted at an exercise/price of $0.00. The two share grants total 33,082 common shares; the derivative award consists of options to purchase 57,000 shares. This was an award/grant (not a purchase or sale).

Key Details

• Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the two-business-day window).
• Price: $0.00 for all reported awards.
• Shares awarded: 7,082 (F1) + 26,000 (F2) = 33,082 common shares.
• Derivative award: 57,000 options (F3) — the 2026 Award vests in four equal quarterly installments after the grant date and expires 10 years from grant.
• Shares owned after the transaction: not specified in the information provided.
• Footnotes: F1 = shares for 2025 board and committee service; F2 = one‑time grant to newly-appointed independent directors (reduced by a prior 10,000-share grant in 2025); F3 = 2026 board service option award with quarterly vesting and 10‑year term.

Context
These awards are routine director compensation intended to align board members with shareholders and do not in themselves indicate buying or selling sentiment. The options are subject to vesting (four quarterly installments) and cannot be immediately treated as owned shares until vested and, if exercised, paid for per the option terms.