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Empery Digital Inc. — Director's Dealing 2025
Jul 31, 2025
33230_dirs_2025-07-30_47e85e3f-bc57-4a39-8b83-a930c36f558a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Volcon, Inc. (VLCN)
CIK: 0001829794
Period of Report: 2025-07-17
Reporting Person: Director Brett S (VP of Legal)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-07-21 | Common Stock | A | 10000 | $10.00 | Acquired | 10000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-07-17 | Stock options (right to buy) | $10.00 | A | 298802 | Acquired | 2035-07-17 | Common Stock (298802) | Direct |
Footnotes
F1: The shares of common stock were purchased by the Reporting Person in the Issuer's recently announced private placement with certain accredited and institutional investors, which closed on July 21, 2025.
F2: The stock options vest based upon the daily volume weighted average price ("VWAP") of the Issuer's common stock, vesting as to 20% of the underlying shares of common stock upon the VWAP reaching $10 and then in incremental 20% installments until becoming fully vested upon a VWAP of $30.
F3: The non-qualified stock options were issued by the Issuer pursuant to an inducement award agreement as a material inducement to the Reporting Person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c) on July 17, 2025.