Newsmax Inc. (NMAX) director awarded 23,940 stock options at $7.31 strike price

Rhea-AI Filing Summary

Newsmax Inc. director Paula J. Dobriansky 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 and were awarded at no cost as compensation.

The options were granted under the company’s 2025 Omnibus Equity Incentive Plan and related grant documents. They become exercisable on the 12-month anniversary of the grant date, provided she continues to provide services to Newsmax through that date, and expire on May 20, 2036.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dobriansky Paula J.

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)

1. [object Object]

Key Figures

Options granted: 23,940 options Exercise price: $7.31 per share Expiration date: May 20, 2036 +2 more

5 metrics

Options granted 23,940 options Director stock option award covering Class B common shares

Exercise price $7.31 per share Strike price for the granted stock options

Expiration date May 20, 2036 Final date to exercise the stock options

Vesting period 12 months Options become exercisable one year after grant if service continues

Underlying shares 23,940 shares Class B common stock underlying the stock options

Key Terms

Option (Right to Buy), 2025 Omnibus Equity Incentive Plan, Stock Option Grant Notice and Option Agreement, exercise price, +1 more

5 terms

Option (Right to Buy) financial

"security_title: "Option (Right to Buy)""

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."

exercise price financial

"conversion_or_exercise_price: "7.3100""

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Dobriansky Paula J.

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	$7.31	05/20/2026		A		23,940		05/20/2027(1)	05/20/2036	Class B Common Stock	23,940	$0	23,940	D

Explanation of Responses:

1. The option was granted pursuant to the Issuer's 2025 Omnibus Equity Incentive Plan and a Stock Option Grant Notice and Option Agreement. The option shall become exercisable on the 12-month anniversary of the grant date, provided that the Reporting Person continues to provide services to the Issuer through such date.

Remarks:

	/s/ Darryle Burnham as Attorney-In-Fact for Paula J. Dobriansky	05/21/2026
	** 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)

FAQ

What insider transaction did Newsmax Inc. (NMAX) report for Paula J. Dobriansky?

Newsmax Inc. reported that director Paula J. Dobriansky received a grant of options for 23,940 shares of Class B common stock. The award is a compensation-related stock option grant, not an open-market purchase or sale of existing shares.

What is the exercise price of Paula J. Dobriansky’s new Newsmax (NMAX) stock options?

The granted stock options have an exercise price of $7.31 per share. This is the price at which Paula J. Dobriansky may buy Newsmax Class B common stock if she exercises the options after they vest and before they expire.

When do Paula J. Dobriansky’s Newsmax (NMAX) options vest and become exercisable?

The options become exercisable on the 12-month anniversary of the grant date. Vesting is conditioned on Paula J. Dobriansky continuing to provide services to Newsmax Inc. through that one-year date, according to the Form 4 footnote disclosure.

When do Paula J. Dobriansky’s Newsmax (NMAX) stock options expire?

The options expire on May 20, 2036, giving a long-term window to exercise after vesting. If they are not exercised by that expiration date, the right to purchase the 23,940 Class B shares at $7.31 per share will lapse.

Under what plan were Paula J. Dobriansky’s Newsmax (NMAX) options granted?

The stock options were granted under Newsmax Inc.’s 2025 Omnibus Equity Incentive Plan. The grant is also governed by a Stock Option Grant Notice and Option Agreement, which together define vesting conditions, exercise terms, and the overall structure of the equity award.

How many Newsmax (NMAX) derivative securities does Paula J. Dobriansky hold after this grant?

Following this transaction, Paula J. Dobriansky holds 23,940 derivative securities in the form of stock options. Each option represents the right to buy one share of Newsmax Class B common stock at the stated $7.31 exercise price, subject to vesting and expiration.