Newsmax holder sells 36,251 shares around $11
Conyers Investments LLC, a 10% owner of Newsmax Inc. (NMAX), reported direct sales of Class B common stock: 14,251 shares at $11.019 per share on September 21, 2026, and 22,000 shares at $11.072 per share on September 22, 2026.
Rhea-AI Filing Summary
Conyers Investments LLC, a 10% owner of Newsmax Inc. (NMAX), reported direct sales of Class B common stock: 14,251 shares at $11.019 per share on September 21, 2026, and 22,000 shares at $11.072 per share on September 22, 2026. Together, the reported sales covered 36,251 shares. No Rule 10b5-1 plan is reported.
Positive
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Negative
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Insider Trade Summary
Net Seller: 36,251 shares
Net Sell
2 txns
Insider
CONYERS INVESTMENTS LLC
Role
10% Owner
Sold
36,251 shs ($401K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | ClASS B COMMON STOCK | 22,000 | $11.072 | $244K |
| Sale | Class B Common Stock | 14,251 | $11.019 | $157K |
Holdings After Transaction:
ClASS B COMMON STOCK — 21,965,639 shares (Direct)
Key Figures
Total shares sold: 36,251 shares
Shares sold: 14,251 shares
Sale price: $11.019 per share
+2 more
5 metrics
Total shares sold
36,251 shares
Two reported sales on September 21 and September 22, 2026
Shares sold
14,251 shares
September 21, 2026
Sale price
$11.019 per share
September 21, 2026
Shares sold
22,000 shares
September 22, 2026
Sale price
$11.072 per share
September 22, 2026
Key Terms
Class B Common Stock, Rule 10b5-1 plan, Direct ownership
3 terms
Class B Common Stock financial
"sales of 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.
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Direct ownership financial
"reported direct sales"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were Conyers Investments LLC's NMAX sales reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.