Elaine Riddell of Bright Mountain Media (BMTM) granted 100,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Riddell Elaine J. reported acquisition or exercise transactions in this Form 4 filing.
Bright Mountain Media director Elaine J. Riddell reported receiving a grant of stock options for 100,000 shares of Bright Mountain Media, Inc. common stock. These options will vest and become exercisable on December 31, 2026, with prorated vesting if she resigns from the board without cause during 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Riddell Elaine J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 100,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Bright Mountain Media (BMTM) report for Elaine J. Riddell?
Bright Mountain Media reported that director Elaine J. Riddell received a grant of stock options for 100,000 shares of common stock. This is a derivative award rather than an open-market purchase or sale of existing shares.
Is the Elaine J. Riddell Form 4 transaction for BMTM a purchase or a grant?
The Form 4 for Elaine J. Riddell reflects an option grant, classified as a “grant, award, or other acquisition.” It is not an open-market buy or sell, but an award of stock options linked to her role as a director.
How many Bright Mountain Media (BMTM) stock options were granted to Elaine J. Riddell?
Elaine J. Riddell was granted 100,000 stock options for Bright Mountain Media common stock. Following this award, her reported derivative holdings from this grant total 100,000 options, according to the Form 4 transaction details.
When do Elaine J. Riddell’s BMTM stock options vest?
The stock options granted to Elaine J. Riddell are scheduled to vest and become exercisable on December 31, 2026. This means she can exercise the options starting on that date, subject to the resignation-related prorating terms.
What happens to the BMTM options if Elaine J. Riddell resigns in 2026?
If Elaine J. Riddell resigns from the board without cause during 2026, the number of shares underlying her stock options will be prorated through her resignation date. The prorated portion will then vest on the date of her resignation.
Does Elaine J. Riddell hold the BMTM stock options directly or indirectly?
The Form 4 lists her ownership of these Bright Mountain Media stock options as direct. There is no indication that a trust, LLC, or other related entity holds these options on her behalf in the provided disclosure.