Bright Mountain Media (BMTM) CFO Olgun Ari Roy Receives 1,000,000-Option Award

What Happened

• Olgun Ari Roy, Chief Financial Officer of Bright Mountain Media (BMTM), received a derivative award of 1,000,000 stock options on May 6, 2026. The reported acquisition value is $0.00, and this filing records an award/grant (transaction code A)—not a purchase or sale.

Key Details

• Transaction date: May 6, 2026; Filing date: May 19, 2026 (filed 13 days after the transaction).
• Reported consideration: $0.00 (derivative award).
• Shares/options received: 1,000,000 stock options.
• Shares owned after the transaction: Not specified in this filing.
• Footnote: The stock options vest and become exercisable in four equal annual installments on May 6 of 2027, 2028, 2029 and 2030.
• Timeliness: The Form 4 was filed 13 days after the grant; Form 4s are typically due within two business days of a reportable transaction, so this appears untimely.

Context

• This was an equity award (stock options) — a compensation/retention event — not an immediate cash purchase or sale. The options will vest over time, so they do not represent immediately tradable shares. No exercise or sale was reported in this filing.