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Empery Digital Inc. Director's Dealing 2025

Jul 22, 2025

33230_dirs_2025-07-21_9c76bc53-2986-4e23-9d70-f02062d8d2b2.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: Tjon Karin-Joyce (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-07-21 Common Stock A 20000 $10.00 Acquired 20000 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 10000 Acquired 2035-07-17 Common Stock (10000) 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 were issued by the Issuer in connection with the Reporting Person's service as a director of the Issuer and 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. All vesting is subject to the approval by the Issuer's stockholder of a new stock option plan.