Elaine Riddell of Bright Mountain Media (BMTM) granted 100,000 stock options

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.

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

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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^*

Riddell Elaine J.

(Last) (First) (Middle)

C/O BRIGHT MOUNTAIN MEDIA, INC.

6400 CONGRESS AVENUE, SUITE 2050

(Street)

BOCA RATON FL 33487

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Bright Mountain Media, Inc. [ BMTM ]

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)
02/26/2026

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

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
Stock Option (right to buy)	$0.005	02/26/2026		A		100,000		12/31/2026(1)	02/26/2036	Common Stock	100,000	$0	100,000	D

Explanation of Responses:

1. The stock options shall vest and become exercisable on December 31, 2026; provided, however, that in the event the Reporting Person resigns as a member of the Issuer's Board of Directors without cause during 2026, the number of shares underlying the stock option shall be prorated through the date of resignation and shall vest on the date of the Reporting Person's resignation.

	/s/ Elaine J. Riddell	03/02/2026
	** 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).
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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.