Dragonfly Energy (DFLI) director awarded 4,204 RSUs in equity grant

Rhea-AI Filing Summary

Boyle Howarth Perry Jr. reported acquisition or exercise transactions in this Form 4 filing.

Dragonfly Energy Holdings Corp. director Boyle Howarth Perry Jr. received a grant of 4,204 restricted stock units on March 15, 2026 under the company’s 2022 Equity Incentive Plan. These RSUs will be settled in common stock and vest in three equal annual installments starting April 1, 2026, contingent on continued service. Following this award, Perry holds 7,249 shares and RSUs, including 1,646 unvested RSUs from an April 12, 2024 grant that vest in two equal installments on April 12, 2026 and April 12, 2027. The holdings reflect a one-for-10 reverse stock split effective December 18, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Boyle Howarth Perry Jr.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,204	$0.00	--

Holdings After Transaction: Common Stock — 7,249 shares (Direct)

Footnotes (1)

1. On March 15, 2026, the Reporting Person was granted 4,204 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date. Reflects a one-for-10 reverse stock split effected by the Issuer on December 18, 2025. Includes 1,646 unvested RSUs remaining granted on April 12, 2024 under the Plan, which will be settled in shares of Common Stock. The remaining RSUs will vest in two equal installments on April 12, 2026 and April 12, 2027, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

Boyle Howarth Perry Jr.

(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)

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

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
Common Stock	03/15/2026		A		4,204(1)	A	$0	7,249(2)	D

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

Explanation of Responses:

1. On March 15, 2026, the Reporting Person was granted 4,204 restricted stock units ("RSUs") under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan (the "Plan"), which will be settled in shares of common stock, par value $0.0001 (the "Common Stock"). The RSUs vest in three equal annual installments beginning on April 1, 2026, as long as the Reporting Person remains in continuous service with the Issuer through each vesting date.

2. Reflects a one-for-10 reverse stock split effected by the Issuer on December 18, 2025. Includes 1,646 unvested RSUs remaining granted on April 12, 2024 under the Plan, which will be settled in shares of Common Stock. The remaining RSUs will vest in two equal installments on April 12, 2026 and April 12, 2027, as long as the Reporting Person remains in continuous service 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 did Dragonfly Energy (DFLI) director Boyle Perry receive in this transaction?

Director Boyle Howarth Perry Jr. received 4,204 restricted stock units as an equity grant. The award comes under Dragonfly Energy’s 2022 Equity Incentive Plan and will be settled in common stock, aligning his compensation more closely with long-term shareholder value.

How do the new RSUs granted to the DFLI director vest over time?

The 4,204 restricted stock units vest in three equal annual installments beginning April 1, 2026. Each installment requires Boyle Perry to remain in continuous service with Dragonfly Energy through the applicable vesting date for those RSUs to settle into common shares.

What are Boyle Perry’s total Dragonfly Energy (DFLI) equity holdings after the grant?

After the grant, Boyle Perry holds 7,249 shares and RSUs of Dragonfly Energy. This total includes both the newly granted RSUs and earlier unvested RSUs, providing a clearer picture of his overall equity-based compensation and long-term exposure to the company’s performance.

What prior RSU awards does the Dragonfly Energy (DFLI) director still have unvested?

Boyle Perry still has 1,646 unvested restricted stock units from an April 12, 2024 grant. These remaining RSUs are scheduled to vest in two equal installments on April 12, 2026 and April 12, 2027, assuming he continues in service with Dragonfly Energy.

How did Dragonfly Energy’s reverse stock split affect the director’s reported holdings?

The reported holdings incorporate a one-for-10 reverse stock split Dragonfly Energy effected on December 18, 2025. This corporate action reduced the number of shares and RSUs outstanding while proportionally increasing their per-share value, reshaping the director’s reported equity position.

Are the new Dragonfly Energy (DFLI) RSUs granted to the director issued at a cash cost?

The new RSUs were granted with a stated transaction price of $0.0000 per share, reflecting compensation rather than a cash purchase. They represent a non-cash equity award that will convert into common stock over time as vesting conditions are met.