Evans David A.R. 4

What Happened

• David A.R. Evans, a director of Newsmax Inc. (NMAX), was granted an equity award on 2026-05-20: options covering 23,940 shares were reported as acquired at $0.00 (derivative instrument). The filing shows no immediate cash transaction; this is an option grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-20; filing date: 2026-05-21 (timely).
• Reported amount: 23,940 shares (derivative/option); reported acquisition price: $0.00 (award).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: The option was granted under the Issuer’s 2025 Omnibus Equity Incentive Plan and the related grant notice/agreement. The option becomes exercisable on the 12‑month anniversary of the grant date, subject to continued service.
• No indication of a 10b5‑1 plan, tax withholding sale, or immediate sale of underlying shares in this filing.

Context

• This was a stock option grant (compensation), not a market purchase or sale. Options do not represent immediate ownership of shares and only become exercisable per the vesting condition (12 months of service). Such grants are common executive/director compensation and are not, by themselves, a clear bullish or bearish signal.