Empery Digital (EMPD) director voluntarily forfeits stock options

Rhea-AI Filing Summary

Empery Digital Inc. director Jonathan P. Foster reported an administrative change to his equity awards. On February 18, 2026, he voluntarily forfeited stock options covering a total of 4 shares of common stock for no value received, leaving no options reported as held after these transactions.

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^*

Foster Jonathan P.

(Last) (First) (Middle)

C/O EMPERY DIGITAL INC.

3121 EAGLES NEST, SUITE 120

(Street)

ROUND ROCK TX 78665

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Empery Digital Inc. [ EMPD ]

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)
02/18/2026

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)	$993,600	02/18/2026		J(1)			2	07/12/2024	07/12/2034	Common Stock	1	$0	0	D
Stock Option (Right to buy)	$2,232,000	02/18/2026		J(1)			1	07/26/2023	07/26/2033	Common Stock	1	$0	0	D
Stock Option (Right to buy)	$1,440,000	02/18/2026		J(1)			1	05/19/2022	05/19/2031	Common Stock	1	$0	0	D

Explanation of Responses:

1. Represents the voluntary forfeiture for no value received by the reporting person of options to purchase shares of common stock.

	/s/ Jonathan Foster	02/20/2026
	** 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 Jonathan P. Foster report at EMPD?

Jonathan P. Foster reported voluntarily forfeiting stock options in Empery Digital Inc. The Form 4 shows options to acquire 4 shares of common stock were given up for no value, reflecting an administrative change rather than a market trade.

Did the Empery Digital (EMPD) director buy or sell any shares?

The director neither bought nor sold common shares in the market. Instead, he voluntarily forfeited stock options for no value received, which is categorized as an “other acquisition or disposition” rather than an open-market purchase or sale.

How many Empery Digital stock options were forfeited in this Form 4?

The Form 4 reports forfeiture of stock options covering 4 shares of Empery Digital common stock. These were recorded through three separate derivative transactions, all on February 18, 2026, with no cash consideration received by the reporting person.

What does “voluntary forfeiture for no value” mean in the EMPD filing?

“Voluntary forfeiture for no value” means the director chose to give up his right to exercise certain stock options without receiving payment. In this case, options to acquire 4 shares of Empery Digital common stock were surrendered without compensation, per the Form 4 footnote.

Does Jonathan P. Foster still hold options after this Empery Digital transaction?

The Form 4 shows zero stock options reported as held following these transactions. The filing reflects that the options referenced were voluntarily forfeited, and the post-transaction holdings column for these derivative securities is listed as 0.0000 shares.