SILVER BOW MINING CORP. — Form 8-K/A
Filed September 25, 2026 · analyzed by the 8-K Agent
8-K/A
— Neutral
significance 28/100
What the filing says
Doug Stiles, previously Vice President of Regulatory and External Affairs, was promoted to President effective July 24, 2026. His amended employment agreement (effective September 21, 2026) sets base salary at $240,000 USD annually (subject to Board review and increase by December 31, 2026), performance bonus up to 50% of base salary at Board discretion, stock option grants at Board discretion, and severance of 12 months base salary plus benefits if terminated without Cause or resignation with Good Reason. Upon Change of Control within 3–15 months of promotion, severance increases to 24 months base salary and all unvested equity vests immediately. The 3-year employment term commenced February 17, 2026.
Why this rating
Standard C-suite promotion with market-rate compensation ($240K base ~0.23% of $102.6M assets). No material financial commitment in absolute terms; routine executive governance event.
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