secwatch.observer — SEC 8-K summary
======================================

Issuer:     BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK:        0001829311
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001493152-26-015446
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitmine amends CEO/CFO employment agreements with new long-term incentive awards
--------------------------------------------------------------------------------

- CEO Chi Tsang eligible for annual $500,000 target LTIP: 60% RSUs, 40% options.
- CFO/COO Young Kim receives annual $1.75M target stock-option awards; FY2026 prorated.
- Awards vest 25% per quarter over one year, forfeited on termination unless per agreement.
- Grant price based on 10-day VWAP preceding grant; options at fair market value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226015446/0001493152-26-015446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829311/000149315226015446/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-015446

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer