Burnham Darryle 4

What Happened
Burnham Darryle, Chief Financial Officer of Newsmax Inc. (NMAX), received a derivative equity award on 2026-04-29 for 17,153 shares at a reported acquisition price of $0.00. The filing states the award was an option granted under Newsmax’s 2025 Omnibus Equity Incentive Plan. This was a grant (compensation), not a market purchase or sale.

Key Details

• Transaction date: 2026-04-29
• Transaction type: Grant / Award of a derivative (option) — 17,153 shares
• Reported acquisition price: $0.00 (award/option grant, not a cash purchase)
• Plan: Issued pursuant to the Issuer’s 2025 Omnibus Equity Incentive Plan (per filing remarks)
• Filing date (Form 4): 2026-05-01 — appears timely (filed within required period)
• Shares owned after transaction: Not specified in the provided summary
• No 10b5-1, tax-withholding, or immediate sale noted in the provided remarks

Context
An option grant gives the recipient the right to acquire shares in the future (subject to vesting and exercise terms) and is a common form of executive compensation; it does not represent immediate cash investment or a sale. Such awards can align executive incentives with shareholder value but should not be interpreted alone as a buy/sell signal. The Form 4 shows a grant rather than an exercised option or open-market trade, and the filing appears timely.