Triscari Thomas A. 4

What Happened

• Thomas A. Triscari, a director of Bright Mountain Media, was granted a derivative award on January 2, 2025 representing 100,000 shares (reported acquisition price $0.00). The Form 4 lists this as a grant/award (derivative), not a cash purchase or sale, so there was no immediate cash outlay or sale of shares recorded.

Key Details

• Transaction date: 2025-01-02; Report filed: 2026-03-03 (filed late — see below).
• Reported price: $0.00 per share on the Form 4; classified as a derivative award (stock options per footnote).
• Shares involved: 100,000 share-equivalents granted.
• Shares owned after transaction: not specified in the excerpt provided.
• Footnote: Options shall vest and become exercisable on December 31, 2025; if the director resigns without cause during 2025, the award vests pro rata through the resignation date and vests at that time.
• Timeliness: The Form 4 was filed about 14 months after the reported transaction date, so this appears to be a late filing — which reduces immediate transparency for investors.

Context

• This was a grant of stock options (a compensation award), not an exercise or sale. Grants are common as part of director compensation and do not by themselves indicate a purchase of stock on the open market or immediate insider selling.
• The filing does not disclose exercise price or whether any subsequent exercise/sale has occurred; those would appear on future Form 4s if/when exercised or sold.