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Dragonfly Energy (DFLI) CCO receives 36,607 stock options at $2.99 strike

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

Rhea-AI Filing Summary

Dragonfly Energy Holdings Corp. reported that Chief Commercial Officer Seaburg Wade received a grant of stock options. On March 15, 2026, Wade was awarded options to purchase 36,607 shares of common stock at an exercise price of $2.99 per share under the 2022 Equity Incentive Plan.

The options vest in three equal annual installments beginning April 1, 2026, contingent on Wade’s continued employment through each vesting date. Following this grant, Wade holds 36,607 stock options directly, each convertible into one share of Dragonfly Energy common stock before expiration in 2036.

Positive

  • None.

Negative

  • None.
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*
Seaburg Wade

(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 Commercial 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 36,607 (1) 03/15/2036 Common Stock 36,607 $0 36,607 D
Explanation of Responses:
1. On March 15, 2026, the Reporting Person was granted options (the "Options") to purchase 36,607 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 Seaburg Wade?

Dragonfly Energy reported that Chief Commercial Officer Seaburg Wade received a grant of stock options for 36,607 shares. These options allow him to buy common stock at $2.99 per share under the 2022 Equity Incentive Plan, subject to time-based vesting.

How many Dragonfly Energy (DFLI) stock options were granted to Seaburg Wade?

Seaburg Wade was granted options covering 36,607 shares of Dragonfly Energy common stock. Each option represents the right to buy one share at a fixed $2.99 exercise price, providing potential future ownership if the options are exercised after vesting.

What is the exercise price of Seaburg Wade’s Dragonfly Energy (DFLI) options?

The stock options granted to Seaburg Wade have an exercise price of $2.99 per share. This means he can purchase Dragonfly Energy common stock at $2.99 for each of the 36,607 optioned shares once the options vest and before they expire.

When do Seaburg Wade’s Dragonfly Energy (DFLI) stock options vest?

The options begin vesting on April 1, 2026, in three equal annual installments. Vesting continues as long as Seaburg Wade remains in continuous employment with Dragonfly Energy through each vesting date, aligning the award with ongoing service to the company.

What is the expiration date of Seaburg Wade’s Dragonfly Energy (DFLI) options?

Seaburg Wade’s stock options expire on March 15, 2036. He must exercise any vested options before that date to purchase Dragonfly Energy common shares at $2.99; unexercised options after expiration will lapse and become worthless.

How many Dragonfly Energy (DFLI) options does Seaburg Wade hold after this grant?

After this grant, Seaburg Wade holds 36,607 stock options directly, according to the Form 4. Each option is exercisable for one share of Dragonfly Energy common stock at $2.99 per share if vested and exercised before the 2036 expiration date.
Dragonfly Energy

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