Bright Mountain Media (BMTM) director receives grant of 100,000 stock options
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hirsch Jeffrey K.
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) 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.
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.