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Dragonfly Energy (DFLI) grants 20,303 stock options to its CMO

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

Rhea-AI Filing Summary

Dragonfly Energy Holdings Corp. reported that Chief Marketing Officer Tyler Bourns received a grant of stock options to buy 20,303 shares of common stock at an exercise price of $2.99 per share under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan.

The options were granted on March 15, 2026 and vest in three equal annual installments beginning on April 1, 2026, provided he remains in continuous employment through each vesting date. After this grant, Bourns holds options covering 20,303 shares, scheduled to expire on March 15, 2036.

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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
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*
Bourns Tyler

(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 Marketing 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 20,303 (1) 03/15/2036 Common Stock 20,303 $0 20,303 D
Explanation of Responses:
1. On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 20,303 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.
* 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.

FAQ

What insider transaction did Dragonfly Energy (DFLI) report for Tyler Bourns?

Dragonfly Energy reported that Chief Marketing Officer Tyler Bourns received a grant of stock options for 20,303 shares. These options give him the right to buy common stock at a fixed exercise price under the company’s 2022 Equity Incentive Plan, aligning compensation with shareholder value.

How many Dragonfly Energy (DFLI) shares are covered by Tyler Bourns’ new options?

The option grant to Tyler Bourns covers 20,303 shares of Dragonfly Energy common stock. This entire amount is subject to vesting over time, meaning he must satisfy the service conditions before he can fully exercise all these stock options.

What is the exercise price and term of Tyler Bourns’ Dragonfly Energy options?

Tyler Bourns’ options have an exercise price of $2.99 per share and expire on March 15, 2036. This fixed price allows him to buy shares at that level once the options vest, as long as he exercises them before the expiration date.

How do Tyler Bourns’ Dragonfly Energy (DFLI) options vest over time?

The options granted to Tyler Bourns vest in three equal annual installments beginning on April 1, 2026. Vesting requires that he remain in continuous employment with Dragonfly Energy through each vesting date, encouraging long-term retention and performance.

Under what plan were Tyler Bourns’ Dragonfly Energy stock options granted?

Tyler Bourns’ stock options were granted under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan. This plan authorizes equity-based awards like options, designed to compensate key employees with potential ownership interests in the company over time.
Dragonfly Energy

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