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Rumble (NASDAQ: RUM) CEO receives major stock option and RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rumble Inc. disclosed that Chief Executive Officer Christopher Pavlovski received new equity awards on March 10, 2026. He was granted stock options for 1,115,559 shares of Class A common stock at an exercise price of $5.23 per share and 241,784 restricted stock units.

Both the stock options and RSUs were granted at $0.00 per share on the grant date and represent compensation awards rather than open-market purchases. According to the filing, the options and RSUs each vest in four substantially equal annual installments beginning on the first anniversary of the grant date.

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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*
Pavlovski Christopher

(Last) (First) (Middle)
444 GULF OF MEXICO DR

(Street)
LONGBOAT KEY FL 34228

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rumble Inc. [ RUM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Class A Common Stock, par value $0.0001 per share 03/10/2026 A 241,784(1) A $0 624,068 D
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
Stock Option (Right to Buy) $5.23 03/10/2026 A 1,115,559 03/10/2027(2) 03/10/2036 Class A Common Stock, par value $0.0001 per share 1,115,559 $0 1,115,559 D
Explanation of Responses:
1. Grant of restricted stock units of the Issuer vesting in four substantially equal annual installments beginning on the first anniversary of the grant date.
2. Grant of a stock option of the Issuer vesting in four substantially equal annual installments beginning on the first anniversary of the grant date.
/s/ Sergey Milyukov, as Attorney-in-Fact 03/12/2026
** 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.

FAQ

What did Rumble (RUM) CEO Christopher Pavlovski receive in this Form 4?

Christopher Pavlovski received equity compensation consisting of stock options and restricted stock units. The grants include 1,115,559 stock options at $5.23 per share and 241,784 RSUs, all awarded at $0.00 grant-date price as part of his compensation.

Are the Rumble (RUM) CEO’s new equity awards open-market purchases?

No, the reported transactions are compensation grants, not open-market purchases. The Form 4 shows option and RSU awards given at a $0.00 grant-date price, with options having a $5.23 exercise price, reflecting incentive-based equity rather than market buying activity.

What are the vesting terms of Christopher Pavlovski’s new Rumble (RUM) RSUs?

The restricted stock units vest in four substantially equal annual installments. Vesting begins on the first anniversary of the March 10, 2026 grant date, meaning portions of the award become deliverable each year over a four-year period, subject to continued service conditions.

What are the key details of the Rumble (RUM) CEO’s new stock options?

The CEO was granted options covering 1,115,559 shares of Class A common stock at a $5.23 exercise price. These options vest in four substantially equal annual installments starting on the first anniversary of the March 10, 2026 grant date, aligning value with long-term performance.

How many Rumble (RUM) Class A shares does the CEO hold after this grant?

Following the restricted stock unit grant, the Form 4 reports 624,068 Class A common shares held directly. This reflects the updated direct ownership after the new RSU award, as disclosed in the total shares following the non-derivative transaction entry.

Does this Rumble (RUM) Form 4 show any insider stock sales?

No, the filing reports only acquisition-type transactions coded as “A” for awards. The transaction summary shows two acquisitions and zero sales, highlighting that all reported activity relates to grants of options and restricted stock units, not disposals or open-market selling.
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