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Bright Mountain Media (BMTM) director awarded 100,000 stock options at $0 grant price

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Triscari Thomas A. reported acquisition or exercise transactions in this Form 4 filing.

Bright Mountain Media, Inc. director Thomas A. Triscari reported a grant of stock options on shares of the company’s common stock. The award covers 100,000 stock options at a price of $0.0000 per share, increasing his directly owned derivative securities to 100,000 options following the transaction.

According to the terms, these stock options are scheduled to vest and become exercisable on December 31, 2026. If Triscari resigns from the board without cause during 2026, the number of shares underlying the option will be prorated through his resignation date and will vest on that date.

Positive

  • None.

Negative

  • None.
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*
Triscari Thomas A.

(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/ Thomas A. Triscari 03/03/2026
** 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.

FAQ

What insider transaction did Bright Mountain Media (BMTM) report for Thomas A. Triscari?

Bright Mountain Media (BMTM) reported that director Thomas A. Triscari received a grant of 100,000 stock options. These options were granted at a price of $0.0000 per share and represent a new derivative position directly held following the reported transaction.

How many stock options did BMTM director Thomas A. Triscari acquire?

Thomas A. Triscari acquired 100,000 stock options in Bright Mountain Media (BMTM). After this grant, he directly holds 100,000 derivative securities, according to the Form 4 filing, reflecting the entire amount of this stock option award.

When do Thomas A. Triscari’s BMTM stock options vest and become exercisable?

Thomas A. Triscari’s Bright Mountain Media (BMTM) stock options are scheduled to vest and become exercisable on December 31, 2026. This vesting date applies to the full grant unless he resigns without cause during 2026, which triggers prorated vesting instead.

What happens to Thomas A. Triscari’s BMTM stock options if he resigns in 2026?

If Thomas A. Triscari resigns as a Bright Mountain Media (BMTM) director without cause during 2026, the stock options will be prorated through his resignation date, and the prorated portion will vest on the date of his resignation, according to the footnote terms.

What was the grant price of the stock options awarded to BMTM director Thomas A. Triscari?

The stock options granted to Thomas A. Triscari by Bright Mountain Media (BMTM) have a reported price of $0.0000 per share. This reflects the terms of the derivative award as disclosed in the Form 4 insider transaction filing.

How is ownership of the 100,000 BMTM stock options classified for Thomas A. Triscari?

The 100,000 Bright Mountain Media (BMTM) stock options held by Thomas A. Triscari are classified as directly owned. The Form 4 lists the ownership type and code as direct (D), with no indirect holding entity disclosed in the filing.
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