Newsmax 10% owner sells 350 shares at $11.03
The 10% owner reported 21,965,289 shares after the sale, and no Rule 10b5-1 plan is reported.
Rhea-AI Filing Summary
Newsmax Inc. 10% owner Conyers Investments LLC sold 350 shares of Class B Common Stock on September 23, 2026, at $11.03 per share. The transaction was reported as direct ownership, and Conyers Investments LLC reported 21,965,289 shares following the sale. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 350 shares
Net Sell
1 txn
Insider
CONYERS INVESTMENTS LLC
Role
10% Owner
Sold
350 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 350 | $11.03 | $4K |
Holdings After Transaction:
Class B Common Stock — 21,965,289 shares (Direct)
Key Figures
Class B Common Stock sold: 350 shares
Sale price: $11.03 per share
Shares following sale: 21,965,289 shares
3 metrics
Class B Common Stock sold
350 shares
September 23, 2026
Sale price
$11.03 per share
September 23, 2026
Shares following sale
21,965,289 shares
Conyers Investments LLC reported position after the sale
Key Terms
Class B Common Stock, 10% owner, Rule 10b5-1 plan
3 terms
Class B Common Stock technical
"sale of 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.
10% owner regulatory
"Conyers Investments LLC, a 10% owner"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.