The CEO and CFO buying together on the same day is a rare signal of insider conviction. While the dollar amount is small relative to market cap, the cross-filing actuarial data strongly amplifies insider-trade clusters. Monitor for upcoming earnings or material news — this could precede a positive catalyst. The stock has underperformed historically, so treat this as a modest bullish signal, not a strong buy.
Price Chart
Executive Summary
CEO and CFO of Silver Bow Mining each purchased $24K of SBMT stock on the same day, totaling $48K in open-market buys. This is a modest cluster (0.02% of market cap) but notable as both top executives bought on the same day, signaling confidence.
Key Financial Metrics
Key Facts
- CEO Charles Naugle bought 2,500 shares at $9.645 on 2026-05-29 ($24K)
- CFO Wade Black bought 2,500 shares at $9.692 on 2026-05-29 ($24K)
- Total cluster value: $48K, representing 0.018% of $270M market cap
- Both trades were open-market purchases (code P), not grants or tax withholdings
- No 10b5-1 pattern evident — single-day coordinated buy by C-suite
Financial Impact
$48K total insider purchases, 0.02% of market cap
Risk Factors
- Dollar amount is trivial relative to market cap — may be noise
- No accompanying material news or catalyst identified
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SBMT-1780414817758 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | DEFA14A | $6.23 | awaiting T+20 | — | $6.75 (+8.35%) |
Oct 23, 2026 2d ago | 8-K | $6.23 | awaiting T+20 | — | $6.75 (+8.35%) |
Oct 16, 2026 9d ago | 8-K | $6.57 | awaiting T+20 | — | $6.75 (+2.74%) |
Oct 8, 2026 17d ago | 8-K | $7.80 | awaiting T+20 | — | $6.75 (−13.46%) |
Oct 5, 2026 20d ago | 8-K | $8.06 | awaiting T+20 | — | $6.75 (−16.25%) |
Sep 22, 2026 4w ago | DEFA14A | $8.53 $6.39 | ▼ −25.09% | ▼ −24.53% | $6.75 (−20.87%) |
Sep 22, 2026 4w ago | 8-K | $8.53 $6.39 | ▼ −25.09% | ▼ −24.53% | $6.75 (−20.87%) |
Sep 17, 2026 5w ago | 3/A | $7.79 $7.38 | ▼ −5.26% | ▼ −6.47% | $6.75 (−13.35%) |
Aug 24, 2026 8w ago | 8-K | $9.15 $8.24 | ▼ −9.95% | ▼ −10.92% | $6.75 (−26.23%) |
Jul 29, 2026 12w ago | 8-K | $6.84 $8.85 | ▲ +29.39% | ▲ +25.42% | $6.75 (−1.32%) |
US Market Status
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