Dobriansky Paula J. 4

What Happened
Paula J. Dobriansky, a director of Newsmax Inc. (NMAX), was granted a derivative award on 2026-05-20 covering 23,940 shares. The Form 4 reports the acquisition as 23,940 units at $0.00 per share (total reported value $0), indicating an option/award rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form filed 2026-05-21 (timely filing).
• Transaction type: Award/Grant of derivative securities (reported as "A").
• Quantity: 23,940 shares (derivative/option units) reported at $0.00 per share.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The option was granted under the Issuer's 2025 Omnibus Equity Incentive Plan and the related grant notice/agreement; it becomes exercisable on the 12-month anniversary of the grant, provided the reporting person remains in service through that date.

Context
This was an equity compensation award (options) to a director, not an open-market buy or sale. The options are subject to a one-year vesting/eligibility period and are not described as having been exercised or sold at the time of the filing. Such grants are common for board compensation and do not by themselves indicate immediate buying or selling pressure.