Empery Digital Inc. (EMPD) Co-CEO discloses December share purchases

Rhea-AI Filing Summary

Empery Digital Inc. Co-Chief Executive Officer and director Ryan Matthew Lane reported indirect purchases of the company’s common stock through affiliated Empery investment funds. On December 11, 12 and 15, 2025, the funds bought a total of 253,751 shares at weighted average prices of $4.7813, $4.7277 and $4.3147 per share, respectively.

After these transactions, Lane is reported as beneficially owning 2,930,345 shares of Empery Digital common stock on an indirect basis through the Empery funds. He may be deemed a beneficial owner due to his investment discretion over these funds, but he disclaims beneficial ownership of the securities except to the extent of his pecuniary interest.

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^*

Lane Ryan M.

(Last) (First) (Middle)

C/O EMPERY DIGITAL INC.

3121 EAGLES NEST STREET, 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
X	Officer (give title below)		Other (specify below)
	Co-Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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	12/11/2025		A		62,956(1)	A	$4.7813(2)	2,739,550	I	See Footnote(3)
Common Stock	12/12/2025		A		92,341(4)	A	$4.7277(5)	2,831,891	I	See Footnote(3)
Common Stock	12/15/2025		A		98,454(6)	A	$4.3147(7)	2,930,345	I	See Footnote(3)

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. The shares of common stock were purchased by each of Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Tax Efficient III, LP (collectively the "Empery Purchasers") on December 11, 2025.

2. The weighted average sales price of the reported transaction was $4.7813 based on a range of prices ranging from $4.6680 to $4.8300. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.

3. Empery Asset Management, LP (the "Investment Manager"), serves as the investment manager to each of the Empery Purchasers and certain other funds holding shares of the Issuer's common stock (collectively, the "Empery Funds"). The Reporting Person is a Managing Member of Empery AM GP, LLC (the "General Partner"), the general partner of the Investment Manager. The Investment Manager may be deemed to be the beneficial owner of all of the common stock held by the Empery Funds. The Reporting Person, as Managing Member of the General Partner of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the common stock held by the Empery Funds. The Reporting Person is the Issuer's Co-Chief Executive Officer and Chairman of its board of directors. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.

4. The shares of common stock were purchased by the Empery Purchasers on December 12, 2025.

5. The weighted average sales price of the reported transaction was $4.7277 based on a range of prices ranging from $4.6400 to $4.9600. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.

6. The shares of common stock were purchased by the Empery Purchasers on December 15, 2025.

7. The weighted average sales price of the reported transaction was $4.3147 based on a range of prices ranging from $4.1900 to $4.7800 The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.

	/s/ Ryan Matthew Lane	12/15/2025
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did Empery Digital Inc. (EMPD) report in this Form 4?

The filing reports that affiliated Empery investment funds purchased Empery Digital Inc. common stock on December 11, 12 and 15, 2025. These purchases were made by Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Tax Efficient III, LP and are reported as indirect ownership for Co-Chief Executive Officer and director Ryan Matthew Lane.

How many Empery Digital (EMPD) shares were bought in the December 2025 insider transactions?

The reported transactions show purchases of 62,956 shares on December 11, 92,341 shares on December 12, and 98,454 shares on December 15, 2025, all in Empery Digital Inc. common stock.

At what prices were the recent Empery Digital (EMPD) insider share purchases made?

The filing lists weighted average prices per share of $4.7813 for the December 11 trades, $4.7277 for the December 12 trades, and $4.3147 for the December 15 trades, each based on trade ranges detailed in the footnotes.

What is Ryan Matthew Lane’s role at Empery Digital Inc. (EMPD)?

According to the filing, Ryan Matthew Lane is a director and officer of Empery Digital Inc., serving as the company’s Co-Chief Executive Officer and Chairman of its board of directors.

How many Empery Digital (EMPD) shares does Ryan Matthew Lane now beneficially own?

Following the reported transactions, the filing states that Ryan Matthew Lane beneficially owns 2,930,345 shares of Empery Digital Inc. common stock on an indirect basis, as reflected in the Form 4 table of non-derivative securities.

How are the Empery funds related to insider ownership of Empery Digital Inc. (EMPD)?

The footnotes explain that Empery Asset Management, LP acts as investment manager to the Empery funds that hold Empery Digital common stock. As Managing Member of the general partner of this investment manager, Ryan Matthew Lane may be deemed the beneficial owner of all common stock held by these funds, but he disclaims beneficial ownership except to the extent of his pecuniary interest.