---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-208900"
form_type: "8-K"
ticker: "BMTM"
cik: "0001568385"
company_name: "Bright Mountain Media, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:38:52.910986+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Bright Mountain Media CFO departs; appoints Olgun as new CFO

## Summary
- Ethan Rudin departed as CFO effective April 30, 2026; receives six months base salary severance.
- CEO Matt Drinkwater will serve as interim principal financial and accounting officer until next 10-Q.
- A. Olgun appointed CFO effective May 1, 2026; base salary $335,000, bonus up to 50% of base.
- Olgun granted options for 1,000,000 shares at $0.004, vesting over four years.
- Previous roles include CFO of Loop Media and strategic finance consultant at Eventbrite.

## SEC filing metadata
- accession: 0001193125-26-208900
- form_type: 8-K
- ticker: BMTM
- cik: 0001568385
- company_name: Bright Mountain Media, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568385/000119312526208900/0001193125-26-208900-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568385/000119312526208900/bmtm-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-208900
- JSON: https://secwatch.observer/filing/0001193125-26-208900.json
- Plain text: https://secwatch.observer/filing/0001193125-26-208900.txt

## Key facts
- Executive change
  Ethan Rudin departed as Chief Financial Officer at Bright Mountain Media, Inc..
  - Action: departed
  - Role: Chief Financial Officer
  source text: Effective April 30, 2026, Ethan Rudin, the Chief Financial Officer of Bright Mountain Media, Inc. (the “Company”), departed from the Company and his role as Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000119312526208900/0001193125-26-208900-index.htm
- Executive change
  A. Olgun was appointed as Chief Financial Officer at Bright Mountain Media, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Appointment of Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000119312526208900/0001193125-26-208900-index.htm
- Executive change
  Matt Drinkwater was appointed as interim principal financial officer and interim principal accounting officer at Bright Mountain Media, Inc..
  - Action: will act as
  - Role: interim principal financial officer and interim principal accounting officer
  source text: Following Mr. Rudin’s departure, Matt Drinkwater, the Company’s Chief Executive Officer, will act as the Company’s interim principal financial officer and interim principal accounting officer until the Company’s filing of its next Form 10-Q.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1568385/000119312526208900/0001193125-26-208900-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.