BNB PLUS CORP.·4

Mar 31, 4:06 PM ET

Ceccoli Joseph D. 4

4 · BNB PLUS CORP. · Filed Mar 31, 2026

Research Summary

AI-generated summary of this filing

Updated

BNB PLUS (BNBX) Director Joseph Ceccoli Receives 77,038-Share Award

What Happened

  • Joseph D. Ceccoli, a director of BNB PLUS CORP. (BNBX), received an award of 77,038 derivative shares (reported as an "A" award) on 2026-03-27. The reported acquisition price is $0.00, so no cash was paid for the award in the filing.

Key Details

  • Transaction date: 2026-03-27; Form 4 filed: 2026-03-31 (filed within the standard 2-business-day window).
  • Amount granted: 77,038 derivative shares; reported price: $0.00; total cash consideration reported: $0.
  • Shares owned after transaction: not specified in the filing.
  • Vesting: per footnote — 25% vested on the grant date, then 25% per quarter commencing 90 days from the grant date.
  • Transaction type: Award/Grant of derivative securities (not an open-market buy or sale).

Context

  • This was a granted award of derivative securities (options/RSUs as described in the filing) rather than a purchase or sale. Because 25% vested immediately, a portion of the award became immediately subject to vesting; subsequent portions vest quarterly. An award with a $0.00 reported price implies intrinsic value upon vesting relative to the market price, but the filing does not show any immediate sale or exercise. As always, awards are compensation events and do not by themselves indicate the insider’s market view.

Insider Transaction Report

Form 4
Period: 2026-03-27
Transactions
  • Award

    Incentive Stock Option (right to buy)

    [F1]
    2026-03-27+77,03877,038 total
    Exercise: $0.69Exp: 2036-03-27Common Stock (77,038 underlying)
Footnotes (1)
  • [F1]The options vest 25% on the grant date, then 25% per quarter commencing 90 days from the grant date.
Signature
/s/ Beth Jantzen, Attorney-in-Fact|2026-03-31

Documents

1 file
  • 4
    tm2610688-3_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT