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[Form 4] BitMine Immersion Technologies, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Form 8-K filing: On July 14, 2025, Ashland Inc. (NYSE: ASH) disclosed that Karl Bostaph, its Senior Vice President, Operations and a named executive officer, will retire effective October 1, 2025. The company furnished a media release (Exhibit 99.1) with the same information and provided the customary Inline XBRL cover data. No successor, compensation changes or strategic commentary were included in the filing.

Because Bostaph is a section 16 officer, his planned departure is considered a material event under Item 5.02, warranting disclosure. However, the filing contains no financial guidance, no operational metrics and no discussion of transition plans, limiting immediate valuation impact. Investors should monitor subsequent releases for details on succession and any resulting operational realignments.

Deposito del Modulo 8-K: Il 14 luglio 2025, Ashland Inc. (NYSE: ASH) ha comunicato che Karl Bostaph, suo Senior Vice President delle Operazioni e dirigente esecutivo nominato, andrà in pensione a partire dal 1° ottobre 2025. L'azienda ha fornito un comunicato stampa (Esibizione 99.1) con le stesse informazioni e ha incluso i dati di copertura Inline XBRL consueti. Nel deposito non sono stati indicati successori, modifiche retributive o commenti strategici.

Poiché Bostaph è un dirigente ai sensi della sezione 16, la sua imminente uscita è considerata un evento rilevante ai sensi del Punto 5.02, che richiede divulgazione. Tuttavia, il deposito non contiene previsioni finanziarie, metriche operative o discussioni sui piani di transizione, limitando l'impatto immediato sulla valutazione. Gli investitori dovrebbero seguire i comunicati successivi per dettagli sulla successione e eventuali riallineamenti operativi.

Presentación del Formulario 8-K: El 14 de julio de 2025, Ashland Inc. (NYSE: ASH) informó que Karl Bostaph, su Vicepresidente Senior de Operaciones y ejecutivo nombrado, se retirará efectivo el 1 de octubre de 2025. La compañía proporcionó un comunicado de prensa (Exhibición 99.1) con la misma información y los datos de cobertura Inline XBRL habituales. No se incluyeron sucesores, cambios en la compensación ni comentarios estratégicos en la presentación.

Dado que Bostaph es un funcionario bajo la sección 16, su salida planeada se considera un evento material según el Punto 5.02, que requiere divulgación. Sin embargo, la presentación no contiene pronósticos financieros, métricas operativas ni discusión sobre planes de transición, limitando el impacto inmediato en la valoración. Los inversores deben monitorear futuros comunicados para obtener detalles sobre la sucesión y posibles realineamientos operativos.

Form 8-K 제출: 2025ë…� 7ì›� 14ì�, Ashland Inc. (NYSE: ASH)ì€ Karl Bostaph 부사장 ê²� ìš´ì˜ ë‹´ë‹¹ ìˆ˜ì„ ë¶€ì‚¬ìž¥ì� 2025ë…� 10ì›� 1ì�ë¶€ë¡� ì€í‡´í•  ì˜ˆì •ìž„ì„ ê³µì‹œí–ˆìŠµë‹ˆë‹¤. 회사ëŠ� ë™ì¼í•� ë‚´ìš©ì� ë‹´ì€ ë³´ë„ìžë£Œ(전시ë¬� 99.1)ë¥� 제출했으ë©�, 통ìƒì ì¸ Inline XBRL 커버 ë°ì´í„°ë¥¼ 제공했습니다. 후임ìž�, ë³´ìƒ ë³€ê²� ë˜ëŠ” ì „ëžµì � ì–¸ê¸‰ì€ ì œì¶œì„œë¥˜ì—� í¬í•¨ë˜ì§€ 않았습니ë‹�.

BostaphëŠ� 섹션 16 ìž„ì›ì´ë¯€ë¡� ê·¸ì˜ í‡´ìž„ 계íšì€ 항목 5.02ì—� 따른 중요 사건으로 간주ë˜ì–´ 공시가 요구ë©ë‹ˆë‹�. 그러ë‚� 제출서류ì—는 재무 ì „ë§, ìš´ì˜ ì§€í‘�, 전환 ê³„íš ë…¼ì˜ê°€ 전혀 í¬í•¨ë˜ì–´ 있지 않아 즉ê°ì ì¸ ê°€ì¹� í‰ê°€ ì˜í–¥ì€ 제한ì ìž…니다. 투ìžìžë“¤ì€ í›„ì† ë°œí‘œë¥� 주시하여 후임ìž� ë°� ìš´ì˜ ìž¬ì¡°ì � ê´€ë � 세부사항ì� 확ì¸í•´ì•¼ 합니ë‹�.

Dépôt du formulaire 8-K : Le 14 juillet 2025, Ashland Inc. (NYSE : ASH) a annoncé que Karl Bostaph, son vice-président principal des opérations et dirigeant nommé, prendra sa retraite à compter du 1er octobre 2025. La société a fourni un communiqué de presse (Exhibit 99.1) contenant les mêmes informations ainsi que les données de couverture Inline XBRL habituelles. Aucun successeur, changement de rémunération ni commentaire stratégique n’ont été inclus dans le dépôt.

Étant donné que Bostaph est un dirigeant soumis à la section 16, son départ prévu est considéré comme un événement important selon l’Item 5.02, nécessitant une divulgation. Toutefois, le dépôt ne contient aucune prévision financière, aucun indicateur opérationnel ni discussion sur les plans de transition, limitant ainsi l’impact immédiat sur la valorisation. Les investisseurs doivent suivre les communiqués ultérieurs pour obtenir des détails sur la succession et d’éventuels réalignements opérationnels.

Formular 8-K Einreichung: Am 14. Juli 2025 gab Ashland Inc. (NYSE: ASH) bekannt, dass Karl Bostaph, Senior Vice President Operations und benannter leitender Angestellter, mit Wirkung zum 1. Oktober 2025 in den Ruhestand treten wird. Das Unternehmen stellte eine Pressemitteilung (Anlage 99.1) mit denselben Informationen bereit und lieferte die üblichen Inline-XBRL-Cover-Daten. Ein Nachfolger, Änderungen der Vergütung oder strategische Kommentare wurden in der Einreichung nicht angegeben.

Da Bostaph ein Abschnitt-16-Beauftragter ist, gilt sein geplanter Austritt als wesentliches Ereignis gemäß Punkt 5.02, das offenzulegen ist. Die Einreichung enthält jedoch keine Finanzprognosen, keine operative Kennzahlen und keine Diskussion zu Übergangsplänen, was die unmittelbaren Auswirkungen auf die Bewertung begrenzt. Anleger sollten weitere Veröffentlichungen beobachten, um Details zur Nachfolge und möglichen operativen Neuausrichtungen zu erhalten.

Positive
  • Advance notice of retirement (effective Oct 1 2025) provides time for succession planning and mitigates short-term operational risk.
Negative
  • No successor named in the filing, leaving investors without clarity on leadership continuity for the operations function.

Insights

TL;DR: Routine executive retirement; limited market impact unless succession creates risk.

The company gave 79-days� notice of Karl Bostaph’s retirement, satisfying disclosure obligations and allowing orderly transition. Because the filing omits a named successor, board readiness and bench strength become the key follow-ups for investors. Given the absence of performance concerns or abrupt departure language, this appears to be a standard retirement, so I view the news as governance-neutral. Impact on near-term valuation should be minimal unless future updates reveal disruption in operations.

Deposito del Modulo 8-K: Il 14 luglio 2025, Ashland Inc. (NYSE: ASH) ha comunicato che Karl Bostaph, suo Senior Vice President delle Operazioni e dirigente esecutivo nominato, andrà in pensione a partire dal 1° ottobre 2025. L'azienda ha fornito un comunicato stampa (Esibizione 99.1) con le stesse informazioni e ha incluso i dati di copertura Inline XBRL consueti. Nel deposito non sono stati indicati successori, modifiche retributive o commenti strategici.

Poiché Bostaph è un dirigente ai sensi della sezione 16, la sua imminente uscita è considerata un evento rilevante ai sensi del Punto 5.02, che richiede divulgazione. Tuttavia, il deposito non contiene previsioni finanziarie, metriche operative o discussioni sui piani di transizione, limitando l'impatto immediato sulla valutazione. Gli investitori dovrebbero seguire i comunicati successivi per dettagli sulla successione e eventuali riallineamenti operativi.

Presentación del Formulario 8-K: El 14 de julio de 2025, Ashland Inc. (NYSE: ASH) informó que Karl Bostaph, su Vicepresidente Senior de Operaciones y ejecutivo nombrado, se retirará efectivo el 1 de octubre de 2025. La compañía proporcionó un comunicado de prensa (Exhibición 99.1) con la misma información y los datos de cobertura Inline XBRL habituales. No se incluyeron sucesores, cambios en la compensación ni comentarios estratégicos en la presentación.

Dado que Bostaph es un funcionario bajo la sección 16, su salida planeada se considera un evento material según el Punto 5.02, que requiere divulgación. Sin embargo, la presentación no contiene pronósticos financieros, métricas operativas ni discusión sobre planes de transición, limitando el impacto inmediato en la valoración. Los inversores deben monitorear futuros comunicados para obtener detalles sobre la sucesión y posibles realineamientos operativos.

Form 8-K 제출: 2025ë…� 7ì›� 14ì�, Ashland Inc. (NYSE: ASH)ì€ Karl Bostaph 부사장 ê²� ìš´ì˜ ë‹´ë‹¹ ìˆ˜ì„ ë¶€ì‚¬ìž¥ì� 2025ë…� 10ì›� 1ì�ë¶€ë¡� ì€í‡´í•  ì˜ˆì •ìž„ì„ ê³µì‹œí–ˆìŠµë‹ˆë‹¤. 회사ëŠ� ë™ì¼í•� ë‚´ìš©ì� ë‹´ì€ ë³´ë„ìžë£Œ(전시ë¬� 99.1)ë¥� 제출했으ë©�, 통ìƒì ì¸ Inline XBRL 커버 ë°ì´í„°ë¥¼ 제공했습니다. 후임ìž�, ë³´ìƒ ë³€ê²� ë˜ëŠ” ì „ëžµì � ì–¸ê¸‰ì€ ì œì¶œì„œë¥˜ì—� í¬í•¨ë˜ì§€ 않았습니ë‹�.

BostaphëŠ� 섹션 16 ìž„ì›ì´ë¯€ë¡� ê·¸ì˜ í‡´ìž„ 계íšì€ 항목 5.02ì—� 따른 중요 사건으로 간주ë˜ì–´ 공시가 요구ë©ë‹ˆë‹�. 그러ë‚� 제출서류ì—는 재무 ì „ë§, ìš´ì˜ ì§€í‘�, 전환 ê³„íš ë…¼ì˜ê°€ 전혀 í¬í•¨ë˜ì–´ 있지 않아 즉ê°ì ì¸ ê°€ì¹� í‰ê°€ ì˜í–¥ì€ 제한ì ìž…니다. 투ìžìžë“¤ì€ í›„ì† ë°œí‘œë¥� 주시하여 후임ìž� ë°� ìš´ì˜ ìž¬ì¡°ì � ê´€ë � 세부사항ì� 확ì¸í•´ì•¼ 합니ë‹�.

Dépôt du formulaire 8-K : Le 14 juillet 2025, Ashland Inc. (NYSE : ASH) a annoncé que Karl Bostaph, son vice-président principal des opérations et dirigeant nommé, prendra sa retraite à compter du 1er octobre 2025. La société a fourni un communiqué de presse (Exhibit 99.1) contenant les mêmes informations ainsi que les données de couverture Inline XBRL habituelles. Aucun successeur, changement de rémunération ni commentaire stratégique n’ont été inclus dans le dépôt.

Étant donné que Bostaph est un dirigeant soumis à la section 16, son départ prévu est considéré comme un événement important selon l’Item 5.02, nécessitant une divulgation. Toutefois, le dépôt ne contient aucune prévision financière, aucun indicateur opérationnel ni discussion sur les plans de transition, limitant ainsi l’impact immédiat sur la valorisation. Les investisseurs doivent suivre les communiqués ultérieurs pour obtenir des détails sur la succession et d’éventuels réalignements opérationnels.

Formular 8-K Einreichung: Am 14. Juli 2025 gab Ashland Inc. (NYSE: ASH) bekannt, dass Karl Bostaph, Senior Vice President Operations und benannter leitender Angestellter, mit Wirkung zum 1. Oktober 2025 in den Ruhestand treten wird. Das Unternehmen stellte eine Pressemitteilung (Anlage 99.1) mit denselben Informationen bereit und lieferte die üblichen Inline-XBRL-Cover-Daten. Ein Nachfolger, Änderungen der Vergütung oder strategische Kommentare wurden in der Einreichung nicht angegeben.

Da Bostaph ein Abschnitt-16-Beauftragter ist, gilt sein geplanter Austritt als wesentliches Ereignis gemäß Punkt 5.02, das offenzulegen ist. Die Einreichung enthält jedoch keine Finanzprognosen, keine operative Kennzahlen und keine Diskussion zu Übergangsplänen, was die unmittelbaren Auswirkungen auf die Bewertung begrenzt. Anleger sollten weitere Veröffentlichungen beobachten, um Details zur Nachfolge und möglichen operativen Neuausrichtungen zu erhalten.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lee Thomas Jong

(Last) (First) (Middle)
10845 GRIFFITH PEAK DRIVE #2

(Street)
LAS VEGAS NV 89135

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock, par value $0.0001 per shares 07/09/2025 P 222,222 A $4.5 222,222 D
Common stock, par value $0.0001 per share 07/09/2025 P 222,222 A $4.5 222,222 I By Thomas J Lee 2012 Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Thomas Jong Lee 07/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Why did Ashland Inc. (ASH) file an 8-K on July 14, 2025?

To disclose the planned retirement of Senior Vice President, Operations, Karl Bostaph, effective October 1, 2025.

Is the retirement of Karl Bostaph effective immediately?

No. The retirement is scheduled for October 1, 2025, giving nearly three months for transition.

Did Ashland name a successor for the Senior Vice President of Operations?

The Form 8-K does not identify a successor or interim leader.

Does the filing include any financial impact or guidance changes for ASH?

No. The document contains no financial metrics or guidance adjustments.

Where can investors find the detailed press release about the retirement?

The full news release is attached as Exhibit 99.1 to the Form 8-K.
Bitmine Immersion Technologies Inc

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