Newsmax (NMAX) director receives option grant for 23,940 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newsmax Inc. director Evans David A.R. received a grant of stock options covering 23,940 shares of Class B common stock. The options have an exercise price of $7.31 per share, were granted at no cost, and will become exercisable on the 12-month anniversary of the grant date, if he continues providing services to the company. After this award, he holds options for 23,940 shares, which are scheduled to expire on May 20, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Evans David A.R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (Right to Buy) | 23,940 | $0.00 | -- |
Holdings After Transaction:
Option (Right to Buy) — 23,940 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 23,940 options
Exercise price: $7.31 per share
Total options after grant: 23,940 options
+2 more
5 metrics
Options granted
23,940 options
Grant covering Class B common stock
Exercise price
$7.31 per share
Strike price for granted options
Total options after grant
23,940 options
Total derivative holdings following transaction
Expiration date
May 20, 2036
Option term end date
Vesting timing
12 months after grant
Exercisable on 12-month anniversary if service continues
Key Terms
2025 Omnibus Equity Incentive Plan, Stock Option Grant Notice and Option Agreement, Class B Common Stock, Grant, award, or other acquisition
4 terms
2025 Omnibus Equity Incentive Plan financial
"The option was granted pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan"
Stock Option Grant Notice and Option Agreement financial
"and a Stock Option Grant Notice and Option Agreement."
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, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did Evans David A.R. receive in this Newsmax (NMAX) Form 4 filing?
Evans David A.R. received a grant of stock options for 23,940 shares of Newsmax Class B common stock. The options were granted at no cost under the company’s 2025 Omnibus Equity Incentive Plan as part of his director compensation.
What is the exercise price of the Newsmax (NMAX) stock options granted to Evans David A.R.?
The granted stock options have an exercise price of $7.31 per share. This means Evans David A.R. can buy each underlying Class B share at $7.31 once the options become exercisable, subject to the vesting and service conditions described.
When do the Newsmax (NMAX) options granted to Evans David A.R. become exercisable?
The options become exercisable on the 12-month anniversary of the grant date. Exercisability is conditioned on Evans David A.R. continuing to provide services to Newsmax Inc. through that date, as specified in the stock option grant documents.
How many Newsmax (NMAX) options does Evans David A.R. hold after this grant?
After this grant, Evans David A.R. holds options representing 23,940 shares of Class B common stock. This entire amount reflects the newly awarded options reported, according to the total derivative holdings shown following the transaction.
When do the Newsmax (NMAX) stock options granted to Evans David A.R. expire?
The stock options are scheduled to expire on May 20, 2036. If they are not exercised by that expiration date, the right to buy the 23,940 underlying Class B shares at $7.31 per share will lapse.