Blackboxstocks director exercises 5,000 stock options

Blackboxstocks Inc. director Grant Evans exercised stock options and increased his shareholdings.

Accepted by SEC EDGAR 01/26/2026 - 04:40 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Blackboxstocks Inc. director Grant Evans exercised stock options and increased his shareholdings. On January 22, 2026, Evans exercised 5,000 common stock options with an exercise price of $3.46 per share. The options had been issued on February 11, 2025 and vested in four 25% installments on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.

The exercise was done on a cashless basis, leading the company to withhold 1,545 option shares to cover the exercise price and issue 3,455 common shares to Evans. After this transaction, he directly holds 23,724 shares of Blackboxstocks common stock.

Insider Trade Summary

5,000 shares exercised/converted

Exercise 2 txns

Insider Evans Grant

Role Director

Type	Security	Shares	Price	Value
Exercise	Common Stock Options	5,000	$0.00	$0.00
Exercise	Common Stock, par value $0.001	3,455	$0.00	$0.00

Holdings After Transaction: Common Stock Options — 0 contracts (Direct); Common Stock, par value $0.001 — 23,724 shares (Direct)

Footnotes (2)

1. F1. All options were exercisable for ten (10) years after the initial issuance date of February 11, 2025, and vested in 25% increments on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025, respectively. The options were exercised on January 22, 2026.
2. F2. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding of 1,545 of the option shares to pay the exercise price and issuing to the Reporting Person the remaining 3,455 shares.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Blackboxstocks (BLBX) director Grant Evans report?

Director Grant Evans reported exercising 5,000 common stock options in Blackboxstocks Inc. on January 22, 2026, receiving 3,455 common shares through a cashless exercise.

How many Blackboxstocks (BLBX) shares does Grant Evans own after this Form 4 transaction?

Following the reported transaction, Grant Evans directly owns 23,724 shares of Blackboxstocks Inc. common stock.

How were Grant Evans’s Blackboxstocks stock options structured and when did they vest?

The options were exercisable for ten years from their initial issuance on February 11, 2025 and vested in 25% increments on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025.

What does a cashless exercise mean in this Blackboxstocks (BLBX) Form 4?

In this case, a cashless exercise meant the issuer withheld 1,545 option shares to cover the exercise price and issued the remaining 3,455 shares of common stock to Grant Evans.

What were the key details of the derivative securities in this Blackboxstocks Form 4?

The derivative security was common stock options with an exercise price of $3.46 per share, covering 5,000 underlying common shares, which were fully exercised on January 22, 2026.

What transaction code was used in Grant Evans’s Blackboxstocks (BLBX) Form 4?

The transaction used code M in both the derivative and non-derivative tables, corresponding here to the exercise of options into common stock as described in the footnotes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Evans Grant

(Last) (First) (Middle)

C/O BLACKBOXSTOCKS INC.

5430 LBJ FREEWAY, SUITE 1485

(Street)

DALLAS TX 75240

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BLACKBOXSTOCKS INC. [ BLBX ]

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)
01/22/2026

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 $0.001	01/22/2026		M		3,455	A	$0	23,724	D

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
Common Stock Options	$3.46	01/22/2026		M			5,000	(1)	(1)	Common Stock, par value $0.001	3,455(2)	$0	0	D

Explanation of Responses:

1. All options were exercisable for ten (10) years after the initial issuance date of February 11, 2025, and vested in 25% increments on March 31, 2025, June 30, 2025, September 30, 2025 and December 31, 2025, respectively. The options were exercised on January 22, 2026.

2. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer withholding of 1,545 of the option shares to pay the exercise price and issuing to the Reporting Person the remaining 3,455 shares.

	/s/ Grant Evans	01/26/2026
	** 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.