STOCK TITAN

Bright Mountain Media (BMTM) CFO receives 1,000,000 stock options at $0.004 strike

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

Rhea-AI Filing Summary

Bright Mountain Media, Inc. Chief Financial Officer Olgun Ari Roy received a grant of stock options covering 1,000,000 shares of Common Stock. The options carry an exercise price of $0.004 per share and expire on May 6, 2036.

The award is a compensation-related grant, not an open-market trade. According to the terms, the options will vest in four equal annual installments on May 6 of 2027, 2028, 2029, and 2030, if the vesting conditions are met.

Positive

  • None.

Negative

  • None.
Insider Olgun Ari Roy
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Stock Option (right to buy) 1,000,000 $0.00 --
Holdings After Transaction: Stock Option (right to buy) — 1,000,000 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 1,000,000 options Stock Option (right to buy) granted to CFO
Exercise price $0.004 per share Conversion or exercise price for the stock options
Underlying shares 1,000,000 shares Underlying Common Stock for the options
Expiration date May 6, 2036 Options expire if not exercised by this date
Vesting schedule 4 annual installments Vests on May 6, 2027, 2028, 2029, and 2030
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "0.0040""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: "2036-05-06T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest and become exercisable financial
"The stock options shall vest and become exercisable in four equal annual installments"
SEC Form 4
FORM 4UNITED 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*
Olgun Ari Roy

(Last)(First)(Middle)
C/O BRIGHT MOUNTAIN MEDIA, INC.
6400 CONGRESS AVENUE, SUITE 2050

(Street)
BOCA RATON FLORIDA 33487

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Bright Mountain Media, Inc. [ BMTM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy)$0.00405/06/2026A1,000,00005/06/2027(1)05/06/2036Common Stock1,000,000$01,000,000D
Explanation of Responses:
1. The stock options shall vest and become exercisable in four equal annual installments on May 6, 2027, May 6, 2028, May 6, 2029, and May 6, 2030.
/s/ Ari Roy Olgun05/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Bright Mountain Media (BMTM) report for its CFO?

Bright Mountain Media reported a stock option grant to its CFO. Olgun Ari Roy received options on 1,000,000 shares of Common Stock as a compensation award, not an open-market purchase or sale, according to the Form 4 disclosure.

What is the exercise price of the CFO’s stock options at Bright Mountain Media (BMTM)?

The exercise price of the CFO’s stock options is $0.004 per share. This means Roy can later buy up to 1,000,000 shares of Bright Mountain Media Common Stock at $0.004 per share once the options vest and are exercised.

When do the newly granted Bright Mountain Media (BMTM) options vest for the CFO?

The stock options vest in four equal annual installments. They become exercisable on May 6 of 2027, 2028, 2029, and 2030, provided vesting conditions are satisfied, which spreads the compensation benefit over several years.

When do the CFO’s Bright Mountain Media (BMTM) stock options expire?

The granted stock options expire on May 6, 2036. If the CFO does not exercise vested options by that date, the right to buy up to 1,000,000 Bright Mountain Media Common shares at $0.004 per share lapses.

Did the Bright Mountain Media (BMTM) CFO buy or sell any common shares in this Form 4?

No common share purchases or sales were reported. The Form 4 shows only a grant of stock options, classified as a derivative security, with no open-market buys or sells of Bright Mountain Media Common Stock disclosed.