Acosta Rene Alexander 4

What Happened
Rene Alexander Acosta, a director of Newsmax Inc. (NMAX), was granted a derivative award on 2026-05-20 for 23,940 shares (reported acquisition price $0.00). The filing lists this as an award/grant (Code A) under the issuer’s equity plan; it is not an immediate purchase or sale and no cash changed hands at grant.

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (timely).
• Award: 23,940 shares reported as a derivative grant; acquisition amount reported as $0.00.
• Vesting/exercise: The option becomes exercisable on the 12‑month anniversary of the grant, subject to continued service (per footnote).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Grant made under the Issuer’s 2025 Omnibus Equity Incentive Plan and governed by a Stock Option Grant Notice/Option Agreement.
• Filing timeliness: No late filing indicated.

Context
This was an equity compensation grant (an option award), not an exercise or sale—so there was no immediate change in market holdings or proceeds. Such director option awards are common as compensation and will only result in potential share ownership or dilution if and when the options vest and are exercised. Monitor future filings for vesting, exercises, or subsequent sales that show whether the director converts these options into shares.