Empery Digital (EMPD) Co-CEO voluntarily forfeits stock options with no value

Rhea-AI Filing Summary

Empery Digital Inc. Co-Chief Executive Officer Kim Kyoung John voluntarily forfeited stock options on common shares. On February 19, 2026, he surrendered stock options covering a total of 4 shares of common stock for no value received, according to the transaction footnote.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Kim Kyoung John

Role Co-Chief Executive Officer

Type	Security	Shares	Price	Value
Other	Stock Option (Right to buy)	2	$0.00	--
Other	Stock Option (Right to buy)	1	$0.00	--
Other	Stock Option (Right to buy)	1	$0.00	--

Holdings After Transaction: Stock Option (Right to buy) — 0 shares (Direct)

Footnotes (1)

1. [object Object]

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
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^*

Kim Kyoung John

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		J(1)			2	07/12/2024	07/12/2033	Common stock	1	$0	0	D
Stock Option (Right to buy)	$2,232,000	02/19/2026		J(1)			1	07/26/2023	07/26/2033	Common Stock	1	$0	0	D
Stock Option (Right to buy)	$1,440,000	02/19/2026		J(1)			1	07/19/2022	07/19/2031	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/ John Kim	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 EMPD Co-CEO Kim Kyoung John report?

Kim Kyoung John reported voluntarily forfeiting stock options covering 4 shares of Empery Digital Inc. common stock. The options were surrendered for no value received, reflecting an other-type disposition rather than an open-market buy or sell transaction.

How many Empery Digital (EMPD) stock options were forfeited?

The Form 4 shows three transactions involving stock options, covering a total of 4 shares of common stock. All these options were voluntarily forfeited by Co-Chief Executive Officer Kim Kyoung John, with no value received in return, as described in the transaction footnote.

Was there any cash consideration in the EMPD insider option forfeiture?

No cash consideration was involved. The footnote explains that the reported transactions reflect a voluntary forfeiture of stock options to purchase Empery Digital Inc. common stock, with the reporting person receiving no value in connection with surrendering those options.

What does transaction code J mean in the EMPD insider filing?

Transaction code J in this context is described as an “Other acquisition or disposition.” For Empery Digital Inc., it denotes the voluntary forfeiture of stock options by the Co-Chief Executive Officer, rather than a standard market purchase or sale of company securities.

Did the EMPD Co-CEO buy or sell common stock in this Form 4?

The Co-Chief Executive Officer did not buy or sell common stock in the market. Instead, he voluntarily forfeited stock options to acquire common shares, classified as an other-type disposition, with no value received in exchange for giving up those options.

How did the option forfeiture affect Kim Kyoung John’s EMPD derivative holdings?

Following the reported transactions, the total stock options reported as held after each transaction is shown as zero. This indicates that the voluntarily forfeited options are no longer part of the Co-Chief Executive Officer’s reported derivative holdings in Empery Digital Inc.