Brinker Nancy G 4

What Happened
Nancy G. Brinker, a director of Newsmax Inc. (NMAX), received a grant of an equity-based award on 2026-05-20 covering 23,940 shares. The filing reports the acquisition as a derivative award at $0.00 per share (total reported value $0). This is a grant of stock options/rights (an award), not a purchase or sale of underlying shares.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely filing).
• Transaction type/code: A — Award/Grant (derivative).
• Shares/units granted: 23,940; reported price: $0.00 per share; reported value: $0.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The option was granted under the Issuer’s 2025 Omnibus Equity Incentive Plan and the option agreement. It becomes exercisable on the 12‑month anniversary of the grant date only if the reporting person continues to provide services through that date.
• Filing timeliness: Filed the day after the transaction (within standard Form 4 deadlines).

Context
This was a compensation-related option grant (derivative award), not a market buy or sale. The option is not immediately exercisable and will vest/become exercisable after 12 months of continued service, per the footnote. Such grants are common for directors as part of compensation and do not immediately change outstanding shares or generate cash unless and until the options are exercised and any resulting shares are sold.