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AI brief of an SEC Form 8-K · INTERNATIONAL TOWER HILL MINES LTD (THM)

International Tower Hill Mines raises CEO Karl Hanneman's base salary to $342,538

Neutral Impact 3 of 5 leadership Written later

International Tower Hill Mines approved a raise in base salary for CEO Karl Hanneman to $342,538 per year, effective December 1, 2025, reflecting his move from 50% to full-time duties. The company and Mr. Hanneman also signed an amended and restated employment agreement, with other terms unchanged. The change alters executive pay, but the filing gives no information on company financial results.

Key points

  • Base salary set at US$342,538 per year, effective December 1, 2025
  • Board approved the increase on February 9, 2026, on the Compensation Committee's recommendation
  • Increase reflects CEO time commitment rising from 50% to full time; salary had been reduced in 2018
  • Amended and Restated Employment Agreement dated February 10, 2026 filed as Exhibit 10.1

The filing

CompanyINTERNATIONAL TOWER HILL MINES LTD (THM)
Form8-K, current report
Filed with the SECFeb 13, 2026, 4:30 PM ET
Accession number0001104659-26-015257

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.