Newsmax holder sells 24.7K shares at $11–$11.70
Newsmax Inc. (NMAX) reports that CONYERS INVESTMENTS LLC, a ten percent owner, sold an aggregate of 24,736.5 shares of its Class B Common Stock in two open market or private transactions on September 10 and 11, 2026, at prices of $11.03 and $11.70 per share.
Rhea-AI Filing Summary
Newsmax Inc. (NMAX) reports that CONYERS INVESTMENTS LLC, a ten percent owner, sold an aggregate of 24,736.5 shares of its Class B Common Stock in two open market or private transactions on September 10 and 11, 2026, at prices of $11.03 and $11.70 per share. No Rule 10b5-1 trading plan is reported for these sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,736.5 shares
Net Sell
2 txns
Insider
CONYERS INVESTMENTS LLC
Role
10% Owner
Sold
24,736.5 shs ($273K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 288.5 | $11.70 | $3K |
| Sale | Class B Common Stock | 24,448 | $11.03 | $270K |
Holdings After Transaction:
Class B Common Stock — 22,333,541 shares (Direct)
Key Figures
Shares sold September 10, 2026: 24,448 shares
Shares sold September 11, 2026: 288.5 shares
Total shares sold: 24,736.5 shares
+2 more
5 metrics
Shares sold September 10, 2026
24,448 shares
Class B Common Stock sale at $11.03 per share
Shares sold September 11, 2026
288.5 shares
Class B Common Stock sale at $11.70 per share
Total shares sold
24,736.5 shares
Aggregate of both reported Class B Common Stock sales
Sale price September 10, 2026
$11.03 per share
Class B Common Stock sale by CONYERS INVESTMENTS LLC
Sale price September 11, 2026
$11.70 per share
Class B Common Stock sale by CONYERS INVESTMENTS LLC
Key Terms
Class B Common Stock, ten percent owner, open market or private transaction, Rule 10b5-1
4 terms
Class B Common Stock financial
"sold an aggregate of 24,736.5 shares of its Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
ten percent owner regulatory
"CONYERS INVESTMENTS LLC, a ten percent owner, sold"
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NMAX report for CONYERS INVESTMENTS LLC?
Newsmax Inc. reported that CONYERS INVESTMENTS LLC sold a total of 24,736.5 shares of Class B Common Stock on September 10 and 11, 2026 in open market or private transactions.
Was a Rule 10b5-1 trading plan used for these NMAX insider sales?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these Newsmax Inc. insider sales.
What type of security did CONYERS INVESTMENTS LLC trade for NMAX?
The transactions involved Class B Common Stock of Newsmax Inc. (NMAX), with both entries classified as non-derivative securities in the Form 4.
Does the Form 4 show CONYERS INVESTMENTS LLC’s remaining NMAX holdings?
The reported transactions list the shares sold but do not provide a figure for total shares beneficially owned following the transactions in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.