Newsmax holder buys 49,600 shares at $11.07
A ten percent owner of Newsmax Inc. increased its direct Class B Common Stock holdings through a reported open-market sale transaction on September 3, 2026.
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Rhea-AI Filing Summary
Newsmax Inc. (NMAX) reported an insider ownership change by a major holder. On September 3, 2026, CONYERS INVESTMENTS LLC, a ten percent owner of Newsmax Inc., reported acquiring 49,600 shares of Class B Common Stock at $11.074 per share, held directly.
Following this transaction, the reporting holder’s position in Newsmax Inc. Class B Common Stock increased to 22,646,489 shares. The filing indicates that no Rule 10b5-1 trading plan was affirmed for this transaction.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS B COMMON STOCK | 49,600 | $11.074 | $549K |
Key Figures
Key Terms
Class B Common Stock financial
ten percent owner regulatory
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction in NMAX did CONYERS INVESTMENTS LLC report?
Was the NMAX insider transaction under a Rule 10b5-1 trading plan?
What type of security was involved in the NMAX insider transaction?
Is CONYERS INVESTMENTS LLC an insider of Newsmax Inc. (NMAX)?
AI-generated analysis. How Rhea-AI works. Not financial advice.