Empery Digital (EMPD) CEO Greg Endo voluntarily forfeits stock options

Rhea-AI Filing Summary

Empery Digital Inc. Chief Executive Officer Greg Endo reported an administrative change to his equity incentives. On February 18, 2026, he voluntarily forfeited, for no value received, stock options representing rights to buy an aggregate of 5 stock options for shares of common stock.

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^*

Endo Greg

(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)
	Chief Executive Officer

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	07/12/2033	Common stock	1	$0	0	D
Stock Option (Right to buy)	$1,440,000	02/18/2026		J(1)			3	06/07/2024	06/07/2031	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/ Greg Endo	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 CEO Greg Endo report on this Form 4?

Greg Endo reported a voluntary forfeiture of stock options, receiving no value in return. The filing shows two transactions involving options representing rights to buy shares of Empery Digital Inc. common stock, both recorded as other acquisitions or dispositions under code J.

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

The CEO forfeited stock options covering a total of five option units. The Form 4 lists one transaction for two stock options and another for three stock options, each described as a stock option (right to buy) relating to Empery Digital Inc. common stock.

Did the Empery Digital (EMPD) CEO receive any value for the forfeited options?

The CEO received no value for the forfeited options. A footnote explains the transactions represent the voluntary forfeiture, for no value received by the reporting person, of options to purchase shares of Empery Digital Inc. common stock under his equity arrangements.

What does transaction code J mean in the EMPD Form 4 filing?

Transaction code J indicates an “other acquisition or disposition” of a derivative security. In this case, it reflects the CEO’s voluntary forfeiture of stock options to purchase Empery Digital Inc. common stock, rather than a traditional open-market purchase or sale of shares.

Is the CEO’s ownership reported as direct or indirect in the EMPD Form 4?

The Form 4 lists the CEO’s interest in these stock options as direct ownership. The direct or indirect ownership field is marked D, and no separate entity, such as a trust or partnership, is referenced for holding these particular derivative securities.

Does this Empery Digital (EMPD) Form 4 show any stock being bought or sold?

The Form 4 does not show shares being bought or sold in the market. Instead, it records a voluntary forfeiture of stock options classified as other acquisitions or dispositions, with no transaction price and no value received by the CEO for surrendering the options.