Newsmax CFO awarded 17,153 stock options
Newsmax Inc. Chief Financial Officer Darryle Burnham received a grant of options to buy 17,153 shares of Class B Common Stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Newsmax Inc. Chief Financial Officer Darryle Burnham received a grant of options to buy 17,153 shares of Class B Common Stock. The options have an exercise price of $5.83 per share, become exercisable on April 28, 2027, and expire on April 28, 2036. Following this grant, Burnham directly holds options covering a total of 157,947 shares, reflecting routine equity-based compensation rather than an open-market trade.
Insider Trade Summary
Grant/Award: 17,153 shares
Grant/Award
1 txn
Insider
Burnham Darryle
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 17,153 | $0.00 | $0.00 |
Holdings After Transaction:
Option (Right to Buy) — 157,947 contracts (Direct)
Holdings Before and After:
Option (Right to Buy), 140,794 to 157,947 contracts (Direct)
Key Figures
Options granted: 17,153 options
Exercise price: $5.83 per share
Options after grant: 157,947 options
+2 more
5 metrics
Options granted
17,153 options
Grant of options to CFO on April 29, 2026
Exercise price
$5.83 per share
Exercise price for newly granted options
Options after grant
157,947 options
Total options held by CFO following transaction
Option vesting date
April 28, 2027
Date options become exercisable
Option expiration
April 28, 2036
Expiration date of option grant
Key Terms
Option (Right to Buy), Class B Common Stock, grant/award acquisition, Form 4
4 terms
Option (Right to Buy) financial
"security_title: "Option (Right to Buy)""
Class B Common Stock financial
"underlying_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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Newsmax (NMAX) disclose for CFO Darryle Burnham?
Newsmax disclosed that CFO Darryle Burnham received an option grant for 17,153 shares of Class B Common Stock. The award is a compensation-related grant, not an open-market purchase or sale, and gives him the right to buy shares at a fixed exercise price.
How many Newsmax (NMAX) options were granted to the CFO and at what price?
The CFO received options covering 17,153 shares of Class B Common Stock at an exercise price of $5.83 per share. This means he can buy those shares at $5.83 in the future, regardless of the market price at that time.
When do the newly granted Newsmax (NMAX) options to the CFO become exercisable?
The granted options become exercisable on April 28, 2027. After that date, CFO Darryle Burnham can choose to exercise the options and purchase Class B Common Stock at the fixed $5.83 per share exercise price.
What is the expiration date of the Newsmax (NMAX) option grant to the CFO?
The option grant to the CFO expires on April 28, 2036. If the options are not exercised by that date, they will lapse and no longer give him the right to buy Newsmax Class B Common Stock at the exercise price.
How many Newsmax (NMAX) options does the CFO hold after this grant?
After the grant, CFO Darryle Burnham holds options for a total of 157,947 shares. This figure reflects his direct derivative holdings reported in the filing and shows his ongoing equity-based compensation alignment with the company.
Was the Newsmax (NMAX) CFO’s Form 4 transaction a market buy or sell?
The transaction was an option grant classified as a “grant, award, or other acquisition,” not a market buy or sell. It represents compensation in the form of stock options, rather than the CFO trading existing shares in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
