BNB PLUS director granted 77K stock options

BNB PLUS CORP. director Joshua Kruger received a new stock option grant as equity compensation.

Rhea-AI Filing Summary

BNB PLUS CORP. director Joshua Kruger received a new stock option grant as equity compensation. He was awarded incentive stock options covering 77,038 shares of common stock at an exercise price of $0.69 per share. The options expire on March 27, 2036.

The grant vests 25% immediately on the grant date, with the remaining 75% vesting in 25% increments each quarter starting 90 days after grant. After this award, Kruger holds options on 77,038 shares directly, reflecting a routine compensation-related acquisition rather than an open-market share purchase.

Insider Trade Summary

Grant/Award: 77,038 shares

Grant/Award 1 txn

Insider Kruger Joshua

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 Options after transaction: 77,038 options +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 underlying common stock

Options after transaction 77,038 options Total derivative holdings following grant

Expiration date March 27, 2036 Option term end date

Initial vesting 25% at grant Portion vesting immediately on grant date

Key Terms

Incentive Stock Option, grant/award acquisition, vesting, exercise price, +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.

grant/award acquisition financial

"transaction_action: grant/award acquisition"

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.

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.

FAQ

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

What did BNB PLUS (BNBX) director Joshua Kruger report in this Form 4?

Joshua Kruger reported receiving an incentive stock option grant for 77,038 shares of BNB PLUS CORP. common stock. The options are a compensation award, not an open-market purchase, and give him the right to buy shares at a fixed exercise price.

How many BNB PLUS (BNBX) shares are covered by Joshua Kruger’s new options?

The new incentive stock option grant covers 77,038 shares of BNB PLUS CORP. common stock. These shares are not issued immediately; they can be purchased later if Kruger chooses to exercise the options at the stated exercise price.

What is the exercise price and term of Joshua Kruger’s BNB PLUS (BNBX) stock options?

The options have an exercise price of $0.69 per share and expire on March 27, 2036. This means Kruger can buy up to 77,038 shares at $0.69 any time before the expiration date, subject to the vesting schedule.

How do Joshua Kruger’s BNB PLUS (BNBX) options vest over time?

The options vest 25% on the grant date, then 25% per quarter beginning 90 days after grant. This quarterly vesting schedule gradually makes more options exercisable, aligning Kruger’s potential ownership with continued service over time.

Is Joshua Kruger’s BNB PLUS (BNBX) Form 4 transaction an open-market stock purchase?

No. The Form 4 shows a grant of incentive stock options as compensation, coded as a grant or award acquisition. Kruger did not buy shares on the open market; he received the right to purchase shares later at a fixed price.

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

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Accepted by SEC EDGAR 03/31/2026 - 04:06 PM 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^*

Kruger Joshua

(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)	X	Other (specify below)
			Chairman of the Board

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.

Remarks:

Exhibit 24 - Power of Attorney.

	/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)