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Bright Mountain Media (BMTM) director receives grant of 100,000 stock options

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

Rhea-AI Filing Summary

Bright Mountain Media director Jeffrey K. Hirsch received a grant of stock options for 100,000 shares of the company on February 26, 2026. The options have an exercise price of $0.00 per share and represent a new derivative position reported as directly owned.

The stock options are scheduled to vest and become exercisable on December 31, 2026. If Hirsch 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 resignation 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*
Hirsch Jeffrey K.

(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/ Jeffrey K. Hirsch 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).
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) disclose for Jeffrey K. Hirsch?

Bright Mountain Media reported that director Jeffrey K. Hirsch acquired a stock option grant for 100,000 shares on February 26, 2026. The transaction is classified as a derivative award reported as directly owned.

How many Bright Mountain Media (BMTM) shares are covered by Jeffrey K. Hirsch’s new option grant?

The option grant to Jeffrey K. Hirsch covers 100,000 shares of Bright Mountain Media common stock. These are reported as derivative securities, with 100,000 shares shown as owned following the transaction.

What is the exercise price of Jeffrey K. Hirsch’s Bright Mountain Media (BMTM) stock options?

The disclosed stock options for Jeffrey K. Hirsch have an exercise price of $0.00 per share. This means no cash payment per share is specified in the filing for exercising the 100,000-share option award.

When do Jeffrey K. Hirsch’s Bright Mountain Media (BMTM) stock options vest?

The stock options granted to Jeffrey K. Hirsch are scheduled to vest and become exercisable on December 31, 2026. This vesting date applies if he continues serving on the Board through that time under the disclosed terms.

What happens to Jeffrey K. Hirsch’s Bright Mountain Media (BMTM) options if he resigns in 2026?

If Jeffrey K. Hirsch resigns as a Board member without cause during 2026, the filing states the option shares will be prorated through his resignation date and those prorated shares will vest on his resignation date.

Is Jeffrey K. Hirsch’s ownership of the Bright Mountain Media (BMTM) options direct or indirect?

The Form 4 indicates that Jeffrey K. Hirsch holds the 100,000-share stock option grant as a direct ownership interest. The ownership code is reported as “D,” reflecting direct ownership in this derivative security.
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