Newsmax (NMAX) CFO granted 17,153 options at $5.83 exercise price

Q: 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.

Q: 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.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

1 transaction reported

Mixed 1 txn

Insider Burnham Darryle

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Option (Right to Buy)	17,153	$0.00	--

Holdings After Transaction: Option (Right to Buy) — 157,947 shares (Direct, null)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

05/01/2026 - 02:33 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burnham Darryle

(Last)

(First)

(Middle)

C/O NEWSMAX INC.

750 PARK OF COMMERCE DR., SUITE 100

(Street)

BOCA RATON

FLORIDA

33487

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Newsmax Inc. [ NMAX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option (Right to Buy)	$5.83	04/29/2026		A		17,153		04/28/2027	04/28/2036	Class B Common Stock	17,153	$0	157,947	D

Explanation of Responses:

Remarks:

The option was granted pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan.

	/s/ Darryle Burnham	05/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.