Digital Ally (NASDAQ: DGLY) grants director Richie 5,000 options

Rhea-AI Filing Summary

Digital Ally, Inc. director Leroy C. Richie reported an equity award from the company. On January 22, 2026, the board granted him options to acquire 5,000 shares of common stock under the 2022 Stock Option and Restricted Stock Plan. The exercise price will equal the closing price of the common stock on the Nasdaq Capital Market on January 22, 2026, and all of these options are scheduled to vest on January 22, 2027, contingent on him remaining a director through that date. Following this award, he beneficially owns 10,416 shares of common stock in direct form.

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

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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^*

RICHIE LEROY C

(Last) (First) (Middle)

6366 COLLEGE BLVD.,

(Street)

OVERLAND PARK, KS 66211

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DIGITAL ALLY, INC. [ KUST ]

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)
01/22/2026

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(1)	01/22/2026		A		5,000	A	$0(1)	10,416(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 January 22, 2026, the Board of Directors awarded the Reporting Person the options to acquire 5,000 shares of common stock, effective as of January 22, 2026 under its 2022 Stock Option and Restricted Stock Plan. The exercise price on such options to acquire common stock granted will be the closing price of the Common Stock on the Nasdaq Capital Market on January 22, 2026, and 100% of the options awarded will vest on January 22, 2027 contingent upon the Reporting Person remaining an director on such date.

2. Reflects reverse stock splits occurred in May 2025 and in January 2026.

	/s/ Leroy C. Richie	01/26/2026
	** 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 Digital Ally (DGLY) report for Leroy C. Richie?

Digital Ally reported that director Leroy C. Richie received an award of options to acquire 5,000 shares of common stock on January 22, 2026 under the company’s 2022 Stock Option and Restricted Stock Plan.

What are the vesting terms of Leroy C. Richie’s new Digital Ally stock options?

All of the options to acquire 5,000 shares will vest on January 22, 2027, provided Leroy C. Richie remains a director of Digital Ally through that date.

How is the exercise price determined for the new Digital Ally options granted to Leroy C. Richie?

The exercise price for the options granted on January 22, 2026 will be the closing price of Digital Ally common stock on the Nasdaq Capital Market on that same date.

How many Digital Ally shares does Leroy C. Richie own after this reported transaction?

After the reported award, Leroy C. Richie beneficially owns 10,416 shares of Digital Ally common stock, held directly.

What role does Leroy C. Richie hold at Digital Ally (DGLY)?

Leroy C. Richie is reported as a director of Digital Ally, Inc. in this insider ownership filing.

Did prior reverse stock splits affect the Digital Ally share figures in this Form 4?

Yes. A footnote explains that the share amounts reflect reverse stock splits that occurred in May 2025 and January 2026.