Newsmax holder sells 13,350 shares at $11.0393
Newsmax Inc. (NMAX) reported that affiliated holder CONYERS INVESTMENTS LLC, a ten percent owner, sold 13,350 shares of Class B common stock on 2026-08-28.
Rhea-AI Filing Summary
Newsmax Inc. (NMAX) reported that affiliated holder CONYERS INVESTMENTS LLC, a ten percent owner, sold 13,350 shares of Class B common stock on 2026-08-28. The shares were sold in a sale in open market or private transaction at a reported price of $11.0393 per share, leaving the reporting entity with 22,749,589 Class B shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,350 shares
Net Sell
1 txn
Insider
CONYERS INVESTMENTS LLC
Role
10% Owner
Sold
13,350 shs ($147K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS B COMMON STOCK | 13,350 | $11.0393 | $147K |
Holdings After Transaction:
CLASS B COMMON STOCK — 22,749,589 shares (Direct)
Key Figures
Shares sold: 13,350 shares of Class B common stock
Sale price per share: $11.0393 per share
Shares held after transaction: 22,749,589 shares of Class B common stock
+2 more
5 metrics
Shares sold
13,350 shares of Class B common stock
Sale by CONYERS INVESTMENTS LLC on 2026-08-28
Sale price per share
$11.0393 per share
Price for the 13,350 Class B shares sold on 2026-08-28
Shares held after transaction
22,749,589 shares of Class B common stock
Direct holdings of CONYERS INVESTMENTS LLC following the sale
Net shares sold
13,350 shares
Net-sell direction in transaction summary for this Form 4
Sell transaction count
1 transaction
Number of sale transactions reported in this Form 4
Key Terms
CLASS B COMMON STOCK, ten percent owner, non-derivative, Sale in open market or private transaction
4 terms
CLASS B COMMON STOCK financial
"security_title: "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
"is_ten_percent_owner: 1"
non-derivative financial
"transaction_type: "non-derivative""
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
FAQ
What insider transaction did NMAX disclose in this Form 4?
The filing reports that CONYERS INVESTMENTS LLC, a ten percent owner of Newsmax Inc. (NMAX), sold 13,350 shares of Class B common stock on 2026-08-28 in an open market or private transaction at $11.0393 per share.
What was the sale price in the NMAX insider transaction?
The reported sale price for the Newsmax Inc. (NMAX) insider transaction was $11.0393 per share of Class B common stock in a sale classified as an open market or private transaction.
Who is the reporting person in this NMAX Form 4 filing?
The reporting person is CONYERS INVESTMENTS LLC, identified as a ten percent owner of Newsmax Inc. (NMAX) and the direct holder of the Class B common stock involved in the reported sale.
Does this NMAX Form 4 involve derivative securities?
No. The Form 4 reports a single transaction in non-derivative securities, specifically Class B common stock of Newsmax Inc. (NMAX), with no derivative positions or derivative transactions listed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
