Paul Taylor Edmondson - 03 Mar 2025 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AREN	Employee stock option (right to buy)	Award	$0	+400,000		$0.000000	400,000	03 Mar 2025	Common Stock	400,000	$1.48	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The Options will vest on the four year anniversary of the grant date; provided, however, that the Options shall vest in full and become exercisable if the Company's stock price closes at or above $12.00 per share for thirty consecutive calendar days.