BNB PLUS CORP.·4

Mar 31, 4:09 PM ET

SHAMASH YACOV A 4

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

Research Summary

AI-generated summary of this filing

Updated

BNB PLUS (BNBX) Director Shamash Yacov Receives 77,038-Share Award

What Happened
Shamash Yacov A, a director of BNB PLUS CORP. (BNBX), was granted 77,038 derivative shares (reported as acquisition code A) on 2026-03-27 at $0.00 per share. The Form 4 shows this as an equity award/derivative grant (not an open-market purchase or sale); the reported acquisition value is $0.

Key Details

  • Transaction date and price: 2026-03-27; 77,038 units acquired at $0.00 per share (derivative award).
  • Shares owned after transaction: Not disclosed in the Form 4.
  • Vesting/footnote: 25% of the options vest on the grant date, then 25% per quarter commencing 90 days after the grant (per footnote).
  • Filing timeliness: Report filed 2026-03-31 — appears to be filed on time (within two business days following a 2026-03-27 grant).

Context
This was a compensation-style derivative award (likely stock options or RSUs) rather than a market purchase, so it reflects standard director compensation rather than a direct market bet. Because 25% vested immediately, a portion of the award became subject to ownership/vesting rules right away; remaining portions vest quarterly thereafter. Grants like this are common and do not by themselves indicate insider trading intent.

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
    tm2610688-6_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT