BNB Plus (NASDAQ: BNBX) director awarded 77,038-share stock option

Rhea-AI Filing Summary

BNB PLUS CORP. director Joseph D. Ceccoli received an incentive stock option grant covering 77,038 shares of common stock. The option has an exercise price of $0.69 per share and expires on March 27, 2036. The options vest 25% on the grant date and 25% per quarter starting 90 days after the grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ceccoli Joseph D.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Incentive Stock Option (right to buy)	77,038	$0.00	--

Holdings After Transaction: Incentive Stock Option (right to buy) — 77,038 shares (Direct)

Footnotes (1)

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Key Figures

Option grant size: 77,038 options Exercise price: $0.69 per share Expiration date: March 27, 2036 +3 more

6 metrics

Option grant size 77,038 options Incentive Stock Option covering common stock

Exercise price $0.69 per share Exercise price for Incentive Stock Option

Expiration date March 27, 2036 Option expiration

Total options after grant 77,038 options Total derivative shares following transaction

Initial vesting 25% on grant date Vesting schedule for options

Subsequent vesting 25% per quarter Commencing 90 days from grant date

Key Terms

Incentive Stock Option, Grant, award, or other acquisition, exercise price, vesting

4 terms

Incentive Stock Option financial

"Incentive Stock Option (right to buy)"

An incentive stock option is a type of employee benefit that gives a worker the right to buy company shares at a fixed price, with special tax advantages if the employee holds the shares for a required period. Think of it as a coupon to buy future shares at today’s price that can result in lower tax on the gain. Investors care because ISOs can dilute share count, align staff incentives with the stock price, and affect company compensation costs and the timing of potential share sales.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

exercise price financial

"conversion_or_exercise_price: 0.6900"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"The options vest 25% on the grant date, then 25% per quarter"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ceccoli Joseph D.

(Last) (First) (Middle)

25 HEALTH SCIENCES DRIVE

(Street)

STONY BROOK NEW YORK 11790

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BNB PLUS CORP. [ BNBX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Incentive Stock Option (right to buy)	$0.69	03/27/2026		A		77,038		(1)	03/27/2036	Common Stock	77,038	$0	77,038	D

Explanation of Responses:

1. The options vest 25% on the grant date, then 25% per quarter commencing 90 days from the grant date.

	/s/ Beth Jantzen, Attorney-in-Fact	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did BNBX director Joseph D. Ceccoli report?

Director Joseph D. Ceccoli reported receiving an incentive stock option grant for 77,038 shares of BNB PLUS CORP. common stock. This is a compensation-related award, not an open-market purchase or sale, and is recorded as a derivative security on the Form 4.

What is the exercise price of Joseph D. Ceccoli’s BNBX stock options?

The incentive stock options granted to Joseph D. Ceccoli have an exercise price of $0.69 per share. This is the price he would pay to buy BNB PLUS CORP. common shares if he exercises the options in the future.

How many BNBX shares are covered by Joseph D. Ceccoli’s option grant?

The reported incentive stock option grant covers 77,038 shares of BNB PLUS CORP. common stock. This entire amount is reflected as the total derivative position following the transaction in the Form 4 filing.

When do Joseph D. Ceccoli’s BNBX stock options vest?

The options vest 25% on the grant date, then 25% each quarter beginning 90 days after the grant. This stepped vesting schedule gradually makes portions of the 77,038-share option exercisable over time, according to the footnote disclosure.

When do Joseph D. Ceccoli’s BNBX stock options expire?

The incentive stock options reported in the Form 4 expire on March 27, 2036. After that expiration date, any unexercised options will no longer be usable to purchase BNB PLUS CORP. common shares at the $0.69 exercise price.

Is Joseph D. Ceccoli’s BNBX Form 4 transaction a market buy or sell?

No, the Form 4 reports a grant classified as a “Grant, award, or other acquisition.” It is an incentive stock option award, not an open-market buy or sell of BNB PLUS CORP. common stock, and is typically part of director compensation.