---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-000522"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2025-01-17T23:59:59+00:00"
generated_at: "2026-05-27T22:55:33.326688+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Resources grants 425,000 stock options at $11.50 (10% premium) to employees, directors, officers

## Summary
- Total 425,000 options under 2023 Equity Plan; each director receives 10,000, four named officers (Swallow, Brackebusch, Morgan, Hayes) receive 13,000 each.
- Remaining 323,000 options allocated to other employees by President and VP.
- Exercise price $11.50, a 10% premium to Jan 14, 2025 NYSE American closing price.
- Options vest equally bi-annually and expire 3 years from grant date (Jan 15, 2025).
- Grant aims to incentivize long-term stockholder value, align interests, and retain personnel.

## SEC filing metadata
- accession: 0001654954-25-000522
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2025-01-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495425000522/0001654954-25-000522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495425000522/idr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-000522
- JSON: https://secwatch.observer/filing/0001654954-25-000522.json
- Plain text: https://secwatch.observer/filing/0001654954-25-000522.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.