Wade Newton Black

CFO Wade Newton Black purchases 2,500 shares of SBMT at $9.69; holdings increase 33.3% to 10,000 shares

CFO Wade Newton Black bought 2,500 shares at $9.69 on 2026-05-29, increasing his holdings by 33.3% from 7,500 to 10,000 shares for a total value of $24,230.75. The company is trading near that purchase price ($9.74 as of 2026-06-01), having only recently listed 21 trading days ago. Against the context of a net loss of $-3,036,631.00, an open-market purchase by a named executive officer warrants investor attention to understand the basis for the transaction and the company's near-term operational outlook. The recent listing status and early trading dynamics suggest limited historical context for assessing whether this accumulation reflects management's private assessment of fundamental value or near-term catalysts.

SBMT CFO Wade Newton Black buys 5,000 shares at $8.50, lifting holdings +200.0% to 7,500 shares ($42.5K total)

Wade Newton Black, Chief Financial Officer of Silver Bow Mining Corp. (SBMT), purchased 5,000 shares at $8.50 on 2026-05-26 for a total value of $42,502.50, increasing his post-transaction holdings to 7,500 shares from a pre-transaction position of 2,500 shares — a net change of +200.0% versus his prior holdings. The stock is a recent listing with only 18 trading days of trading history, and the current price as of 2026-05-27 stands at $9.11, above the $8.50 transaction price. The company carries a net income of $-3,036,631.00 against a market cap of $269,004,635.00, so the CFO's purchase occurs in the context of an unprofitable early-stage profile. As the executive most directly responsible for the company's financial position, Black's decision to materially expand his personal stake this early in the stock's trading life is a notable data point for investors tracking insider activity in newly listed names.

CFO Black Wade Newton purchases 2,500 shares of SBMT at $8.83 ($22,075 total)—first holding

Black Wade Newton, CFO of Silver Bow Mining Corp., made an initial purchase of 2,500 shares at $8.83 on 2026-05-18, moving from zero holdings to a 2,500-share position. The purchase represents a modest commitment of $22,075 in dollar terms, and notably occurs just 12 trading days after the company's recent listing. The company's fundamentals show a net income of $-3,036,631.00 and a market cap of $260,736,655.00, indicating the company is currently unprofitable. Without reference to 52-week metrics or broader price context beyond the recent listing, this transaction reflects an initial insider stake by a newly appointed or previously uninvested CFO—a data point for investors to monitor as the stock and company mature through their early public trading period.

CFO of Silver Bow Mining purchases shares in open-market transaction, signaling management confidence at current levels.

Black Wade Newton, Silver Bow Mining's Chief Financial Officer, made an open-market purchase of shares at current market prices, a gesture that typically reflects insider confidence in the company's near-term prospects. This is noteworthy because C-suite officers do not routinely buy shares with their own capital unless they believe the stock is undervalued or headed higher—the opposite of what might be expected if internal metrics were deteriorating. The relatively modest size of the purchase (a small percentage of Newton's holdings) suggests measured conviction rather than a dramatic all-in bet, which is consistent with sound insider behavior and reduces the risk of misinterpretation as panic buying or hedging activity. The timing and open-market nature of this trade, combined with Newton's fiduciary responsibility to shareholders as CFO, make this a meaningful signal worth tracking, especially if other executives follow suit in coming weeks.