BNB Plus awards director 100K options at $0.15

A BNB PLUS CORP. director received 100,000 stock options at a $0.15 exercise price vesting over six months.

Available on EDGAR 09/16/2026 - 04:06 PM EDT Accepted by SEC EDGAR 09/16/2026 - 04:06 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

BNB PLUS CORP. (BNBX) reported that director Todd Larsen received a grant of 100,000 stock options on September 14, 2026. The options have an exercise price of $0.15 per share, expire on September 14, 2036, and vest in equal monthly installments over six months.

Insider Trade Summary

Grant/Award: 100,000 shares

Grant/Award 1 txn

Insider Larsen Todd

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy) F1	100,000	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 100,000 contracts (Direct)

Footnotes (1)

1. F1. The options vest in equal monthly installments over a 6-month period, commencing one month from the grant date.

Key Figures

Stock options granted: 100,000 options Exercise price: $0.15 per share Underlying common shares: 100,000 shares +2 more

5 metrics

Stock options granted 100,000 options Grant to director Todd Larsen on September 14, 2026

Exercise price $0.15 per share Exercise price for the 100,000 stock options

Underlying common shares 100,000 shares Common stock underlying the option grant

Option expiration date September 14, 2036 Expiration of the granted stock options

Vesting period 6 months Equal monthly installments starting one month after grant

Key Terms

Stock Option (right to buy), exercise price, vesting, expiration date

4 terms

Stock Option (right to buy) financial

"The security is described as Stock Option (right to buy)."

exercise price financial

"The options have an exercise price of $0.15 per share."

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.

vesting financial

"The options vest in equal monthly installments over a 6-month period."

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.

expiration date financial

"The options carry an expiration date of 2036-09-14."

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 insider transaction did BNBX report for Todd Larsen?

BNB PLUS CORP. reported that director Todd Larsen received a grant of 100,000 stock options on September 14, 2026, as a compensation-related award rather than a market purchase.

What is the exercise price of the new BNBX stock options?

The granted stock options have an exercise price of $0.15 per share for BNB PLUS CORP. common stock, meaning they can be exercised to buy shares at that price once vested and until expiration.

How many BNBX options does Todd Larsen hold after this grant?

After the reported grant, 100,000 stock options are shown as held directly by Todd Larsen. The filing does not list additional option positions in its derivative holdings summary.

When do Todd Larsen’s BNBX options vest?

The options vest in equal monthly installments over a six-month period, commencing one month from the September 14, 2026 grant date, according to the footnote disclosure.

When do the newly granted BNBX options expire?

The granted stock options expire on September 14, 2036, giving a ten-year term during which they may be exercised once vested and while still outstanding.

Were the BNBX option grants made under a Rule 10b5-1 plan?

The filing indicates no Rule 10b5-1 trading plan for this transaction, as the document-level checkbox for such plans is not selected.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Larsen Todd

(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)
09/14/2026

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
Stock Option (right to buy)	$0.15	09/14/2026		A		100,000		(1)	09/14/2036	Common Stock	100,000	$0	100,000	D

Explanation of Responses:

1. The options vest in equal monthly installments over a 6-month period, commencing one month from the grant date.

	/s/ Todd Larsen	09/16/2026
	** 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)