Dragonfly Energy (DFLI) awards COO 21,534 stock options at $2.99

Rhea-AI Filing Summary

Dragonfly Energy Holdings Corp. reported that Chief Operating Officer Vickram Singh received a grant of stock options to purchase 21,534 shares of common stock. The options have an exercise price of $2.99 per share and were issued under the company’s 2022 Equity Incentive Plan.

The options vest in three equal annual installments beginning on April 1, 2026, contingent on Singh’s continued employment through each vesting date. Following this grant, he holds 21,534 stock options as reported in this filing. This is a compensation-related award rather than an open-market share purchase or sale.

SEC Form 4

FORM 4

UNITED 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

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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^*

Singh Vickram

(Last) (First) (Middle)

C/O DRAGONFLY ENERGY HOLDINGS CORP.

12915 OLD VIRGINIA ROAD

(Street)

RENO NV 89521

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dragonfly Energy Holdings Corp. [ DFLI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$2.99	03/15/2026		A		21,534		(1)	03/15/2036	Common Stock	21,534	$0	21,534	D

Explanation of Responses:

1. On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 21,534 shares of common stock, par value $0.0001, of the Issuer at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. The Options vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

	/s/ Denis Phares, as attorney-in-fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Dragonfly Energy (DFLI) report for Vickram Singh?

Dragonfly Energy reported that Chief Operating Officer Vickram Singh received a grant of stock options for 21,534 shares. This is a compensation-related award, not an open-market trade, and gives him the right to buy common stock at a fixed exercise price.

How many Dragonfly Energy (DFLI) shares are covered by Vickram Singh’s new options?

The option grant covers 21,534 shares of Dragonfly Energy common stock. These options represent the right, but not the obligation, to purchase that number of shares if exercised under the terms specified in the company’s equity incentive plan.

What is the exercise price of Vickram Singh’s Dragonfly Energy (DFLI) stock options?

The stock options granted to Vickram Singh carry an exercise price of $2.99 per share. This means he can purchase Dragonfly Energy common stock at $2.99 per share once the options vest and as long as they remain unexpired.

When do Vickram Singh’s Dragonfly Energy (DFLI) options vest?

The options vest in three equal annual installments beginning on April 1, 2026. Each tranche requires that Vickram Singh remain continuously employed with Dragonfly Energy through the applicable vesting date before those specific options become exercisable.

Under which plan were the Dragonfly Energy (DFLI) options granted to Vickram Singh?

The options were granted under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. This plan governs equity-based compensation awards, including stock options, and sets the framework for terms like exercise price, vesting schedule, and expiration.

Did Vickram Singh buy or sell Dragonfly Energy (DFLI) shares in this Form 4?

No open-market purchase or sale occurred; Vickram Singh received an option grant classified as an acquisition under a compensation award. The transaction code indicates a grant, not a market trade, so it does not directly change the public share float.