STOCK TITAN

Dragonfly Energy (DFLI) CCO uses 220 shares for tax withholding on equity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dragonfly Energy Holdings Corp. Chief Commercial Officer Wade Seaburg reported a Form 4 transaction involving company common stock. On April 12, 2026, 220 shares of Dragonfly Energy common stock were disposed of at $1.99 per share as a tax-withholding disposition, meaning shares were withheld to cover tax obligations rather than sold on the open market. Following this transaction, Seaburg directly holds 2,327 shares of Dragonfly Energy common stock.

Positive

  • None.

Negative

  • None.
Insider Seaburg Wade
Role Chief Commercial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 220 $1.99 $437.80
Holdings After Transaction: Common Stock — 2,327 shares (Direct)
Footnotes (1)
Tax-withholding shares 220 shares Common Stock disposed on April 12, 2026
Disposition price $1.99 per share Price per share for 220-share tax-withholding disposition
Shares held after transaction 2,327 shares Direct holdings of Wade Seaburg following the Form 4 transaction
Transaction code F Payment of exercise price or tax liability by delivering securities
tax-withholding disposition financial
"220 shares of Dragonfly Energy common stock were disposed of as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"220 shares of Dragonfly Energy common stock were disposed of"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Chief Commercial Officer Wade Seaburg reported a Form 4 transaction involving company common stock"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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*
Seaburg Wade

(Last)(First)(Middle)
C/O DRAGONFLY ENERGY HOLDINGS CORP.
12915 OLD VIRGINIA ROAD

(Street)
RENO NEVADA 89521

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Dragonfly Energy Holdings Corp. [ DFLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Commercial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/12/2026F220D$1.992,327D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Denis Phares, as attorney-in-fact04/14/2026
** Signature of Reporting PersonDate
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 Dragonfly Energy (DFLI) report for Wade Seaburg?

Dragonfly Energy reported that Chief Commercial Officer Wade Seaburg had 220 shares of common stock disposed of as a tax-withholding transaction. This means shares were surrendered to cover tax liabilities, not sold in the open market, and is a routine administrative event.

How many Dragonfly Energy (DFLI) shares were involved in Wade Seaburg’s Form 4 filing?

The Form 4 shows 220 shares of Dragonfly Energy common stock were disposed of at $1.99 per share. The transaction is coded as tax withholding, indicating these shares satisfied tax obligations related to equity compensation rather than representing a discretionary market sale.

What does a tax-withholding disposition mean in Wade Seaburg’s Dragonfly Energy (DFLI) filing?

A tax-withholding disposition means shares are delivered back to the issuer to cover tax liabilities triggered by equity awards. In this case, 220 Dragonfly Energy shares were used for taxes, so it does not reflect an open-market sale or a change in investment view.

How many Dragonfly Energy (DFLI) shares does Wade Seaburg hold after this transaction?

After the tax-withholding disposition, Wade Seaburg directly holds 2,327 shares of Dragonfly Energy common stock. This post-transaction balance, reported in the Form 4, shows his remaining direct ownership following the 220-share tax-related disposition on April 12, 2026.

Was Wade Seaburg’s Dragonfly Energy (DFLI) Form 4 transaction a market sale?

No, the transaction was not a market sale. The Form 4 uses code F and describes it as a tax-withholding disposition, meaning 220 shares were delivered to satisfy tax obligations, rather than being sold on an exchange to outside buyers.