Newsmax (NMAX) 10% owner sells Class B shares in August trade
Rhea-AI Filing Summary
Newsmax Inc. (NMAX) reported that large shareholder CONYERS INVESTMENTS LLC, a ten percent owner, sold 32,416 shares of Class B Common Stock on 2026-08-21. The sale was reported as a non-derivative transaction at a price of $11.023 per share, leaving the reporting holder with 22,762,939 Class B shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,416 shares
Net Sell
1 txn
Insider
CONYERS INVESTMENTS LLC
Role
10% Owner
Sold
32,416 shs ($357K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 32,416 | $11.023 | $357K |
Holdings After Transaction:
Class B Common Stock — 22,762,939 shares (Direct)
Key Figures
Shares sold: 32,416 shares
Sale price per share: $11.023 per share
Shares owned after transaction: 22,762,939 shares
+2 more
5 metrics
Shares sold
32,416 shares
Non-derivative sale of Class B Common Stock on 2026-08-21
Sale price per share
$11.023 per share
Reported price for the 2026-08-21 Class B share sale
Shares owned after transaction
22,762,939 shares
Class B Common Stock directly owned by CONYERS INVESTMENTS LLC after sale
Sell transactions
1 sale
Number of reported sale transactions in this Form 4
Shares sold net
32,416 shares
Net change in buy/sell activity was net-sell of 32,416 shares
Key Terms
ten percent owner, non-derivative, direct ownership, open market or private transaction
4 terms
ten percent owner regulatory
"CONYERS INVESTMENTS LLC is marked as a ten percent owner of the issuer"
non-derivative financial
"The transaction is identified as a non-derivative Class B Common Stock trade"
direct ownership financial
"Ownership type is reported as direct for the remaining Class B shares"
open market or private transaction financial
"The code description notes a Sale in open market or private transaction"
FAQ
What insider transaction did NMAX disclose in this Form 4?
Newsmax Inc. disclosed that CONYERS INVESTMENTS LLC, a ten percent owner, sold 32,416 shares of its Class B Common Stock on 2026-08-21 in a non-derivative transaction at $11.023 per share.
Is the reported NMAX insider transaction a buy or a sell?
The reported transaction is a sale. CONYERS INVESTMENTS LLC disposed of 32,416 non-derivative shares of Newsmax Inc. Class B Common Stock on 2026-08-21.
AI-generated analysis. How Rhea-AI works. Not financial advice.