Richard Isaacs - 02 Jan 2025 Form 4 Insider Report for Brand Engagement Network Inc. (BNAI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Jan 2025, 19:14:49 UTC
Prior SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Isaacs

Key filing fact

Richard Isaacs filed Form 4 for Brand Engagement Network Inc. (BNAI) on 06 Jan 2025.

Key facts

  • This page summarizes Richard Isaacs's Form 4 filing for Brand Engagement Network Inc. (BNAI).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 06 Jan 2025, 19:14.

Change

  • Previous filing in this sequence was filed on 05 Sep 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BNAI transaction

Common Stock

Award

Transaction value
$0
Shares
+26,423
Change %
Price
$0.000000
Shares after
26,423
Date
02 Jan 2025
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BNAI holding Derivative

Stock Option (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
117,721
Date
02 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
117,721
Exercise price
$8.11
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents 12,153 restricted stock units and 14,270 shares of restricted stock granted to the Reporting Person pursuant to the Brand Engagement Network Inc. Non-Employee Director Compensation Policy.

Footnote F2

The stock options were granted to the Reporting Person pursuant to a stock option agreement (the "Option Agreement"), dated September 26, 2023, by and between the Reporting Person and Brand Engagement Network Inc., a Wyoming corporation ("Prior BEN"). In connection with its business combination, on March 14, 2024, Brand Engagement Network Inc., a Delaware corporation (the "Company"), as the entity surviving the business combination, assumed the existing options of Prior BEN. Shares reported herein are shares of the Company on an as-converted basis. Two-thirds (2/3rds) of the shares vested on the date of grant, and the remaining balance vested on the first anniversary of the date of grant, subject to the terms and conditions of the Option Agreement.

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