Triscari Thomas A. 4

What Happened
Thomas A. Triscari, a director of Bright Mountain Media, Inc. (BMTM), received a grant of 100,000 derivative shares (reported as a stock option award) on February 26, 2026. The filing reports an acquisition price of $0.00 and a reported value of $0 at grant; the award is a derivative security (stock option) rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-26; reported on Form 4 filed 2026-03-03 (filing appears late vs. the usual 2-business-day window).
• Instrument: 100,000 stock options (derivative award) reported at $0.00 acquisition price.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Options “shall vest and become exercisable on December 31, 2026”; if the director resigns without cause during 2026, the award will be prorated through the resignation date and vest on that date (see footnote F1).
• Transaction code: A (award/grant).

Context
This was a compensation grant, not a purchase or sale — the options vest at year‑end 2026 and were not exercised or sold in this filing. Grants are common for directors and executives as long‑term incentives; they do not represent immediate cash flow or market transactions until exercised or sold. The filing’s late submission reduces transparency until the award is publicly reported.