BNB Plus director gets 77,038 stock options

BNB PLUS CORP. director Robert B. Catell received an incentive stock option grant covering 77,038 shares of common stock.

Rhea-AI Filing Summary

BNB PLUS CORP. director Robert B. Catell received an incentive stock option grant covering 77,038 shares of common stock. The option has an exercise price of $0.69 per share and expires on March 27, 2036. Following this grant, he holds options for 77,038 shares directly. According to the terms, the options vest 25% on the grant date, then 25% per quarter beginning 90 days after the grant, creating a staged vesting schedule tied to ongoing service.

Insider Trade Summary

Grant/Award: 77,038 shares

Grant/Award 1 txn

Insider CATELL ROBERT B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Incentive Stock Option (right to buy)	77,038	$0.00	$0.00

Holdings After Transaction: Incentive Stock Option (right to buy) — 77,038 contracts (Direct)

Footnotes (1)

1. F1. The options vest 25% on the grant date, then 25% per quarter commencing 90 days from the grant date.

Key Figures

Option grant size: 77,038 options Exercise price: $0.69 per share Expiration date: March 27, 2036 +2 more

5 metrics

Option grant size 77,038 options Incentive Stock Option covering common stock

Exercise price $0.69 per share Strike price for incentive stock option

Expiration date March 27, 2036 Option term end date

Underlying shares 77,038 shares Common stock subject to the option

Post-grant holdings 77,038 options Total options held following transaction

Key Terms

Incentive Stock Option, exercise price, expiration date, vesting, +1 more

5 terms

Incentive Stock Option financial

"Incentive Stock Option (right to buy)"

An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.

exercise price financial

"conversion_or_exercise_price: "0.6900""

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: "2036-03-27T00:00:00.000Z""

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.

vesting financial

"The options vest 25% on the grant date, then 25% per quarter"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BNBX director Robert B. Catell report?

Robert B. Catell reported receiving an incentive stock option grant for 77,038 shares of BNB PLUS CORP. common stock. The award is a compensation-related acquisition, not an open-market purchase or sale, and gives him the right to buy shares at a fixed exercise price.

What are the key terms of Robert B. Catell’s BNBX stock option grant?

The incentive stock option covers 77,038 shares at an exercise price of $0.69 per share and expires on March 27, 2036. It gives Catell the right, but not the obligation, to buy BNB PLUS CORP. common stock at that fixed price.

How do the BNBX stock options granted to Robert B. Catell vest?

The options vest 25% on the grant date, with the remaining 75% vesting in 25% increments each quarter starting 90 days from the grant date. This quarterly vesting schedule links the bulk of the award to his continued service over time.

How many BNBX options does Robert B. Catell hold after this Form 4?

After this transaction, Robert B. Catell holds options for 77,038 shares of BNB PLUS CORP. common stock directly. All of these options stem from this single incentive stock option grant reported in the Form 4 insider filing.

Is Robert B. Catell’s BNBX transaction a buy or a sale of shares?

The filing shows an acquisition of derivative securities through a grant, coded as a grant, award, or other acquisition. He did not buy or sell shares on the open market; instead, he received options giving him future purchase rights at a set price.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/31/2026 - 04:08 PM EDT Learn about SEC filing dates

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^*

CATELL ROBERT B

(Last) (First) (Middle)

25 HEALTH SCIENCES DRIVE

(Street)

STONY BROOK NEW YORK 11790

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BNB PLUS CORP. [ BNBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			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
Incentive Stock Option (right to buy)	$0.69	03/27/2026		A		77,038		(1)	03/27/2036	Common Stock	77,038	$0	77,038	D

Explanation of Responses:

1. The options vest 25% on the grant date, then 25% per quarter commencing 90 days from the grant date.

	/s/ Beth Jantzen, Attorney-in-Fact	03/31/2026
	** 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.
* Form 4: SEC 1474 (03-26)