Form 4: Edel Tully Acquires Deferred Stock Units in International Tower Hill Mines Ltd

Director Edel Tully acquired 88,298 deferred stock units in International Tower Hill Mines Ltd on May 29, 2024, which vest fully and will be settled upon the end of their service as a Director.

Summary

• On May 29, 2024, Edel Tully, a director of International Tower Hill Mines Ltd, acquired 88,298 deferred stock units.
• These deferred stock units represent the right to receive one common share each.
• The units vested fully on the grant date, and the underlying shares will be distributed when Tully's service as a director ends.
• The transaction was reported on May 30, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future.

Future Outlook

The reporting person will receive shares underlying the deferred stock units upon the Reporting Person's end of service as a Director.

Industry Context

This is a standard Form 4 filing, reporting a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the actions of company directors and officers.

Stakeholder Impact

• The acquisition of deferred stock units by a director can be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.

Key Dates