That’s not a generic mount option and ext4 does not have it; it will be ignored. It’d work on a FAT filesystem, but for all the wrong reasons.
Just change the file permissions when the disk is created, that is how ext4 - and in fact all UNIXy filesystems - is intended to be used. Permissions are metadata stored alonside the files, and therefore part of the data, and inherently imperative.
If it’s removable media, use udisks2 to mount it instead.