SCHEDULE: Dominari Holdings CEO Boosts Stake to 35.3% After Equity Grant

Dominari Holdings Inc.'s CEO and Chairman, Anthony Hayes, significantly increased his beneficial ownership to 35.3% following the issuance of 3 million shares from an equity incentive plan.

Summary

• Anthony Hayes, CEO and Chairman of Dominari Holdings Inc., has increased his beneficial ownership in the company to 9,753,814 shares, representing approximately 35.3% of the outstanding Common Stock.
• This increase is primarily due to the issuance of 3,000,000 shares of Common Stock granted to Mr. Hayes on January 7, 2026, under the company's 2022 Equity Incentive Plan.
• The share grant was contingent on stockholder approval of an amendment to the 2022 Equity Incentive Plan, which was obtained on March 4, 2026, and registration of the shares on Form S-8, completed on March 13, 2026.
• Confirmation of the issuance of these 3,000,000 shares was received on March 23, 2026.
• Mr. Hayes' total beneficial ownership includes 116,248 shares held indirectly in his Rollover IRA and 9,637,566 shares owned directly, which includes 5,000,000 shares and 2,971 shares underlying stock options exercisable upon Form S-8 filing.
• The beneficial ownership percentage is calculated based on an aggregate of 27,613,781 shares of Common Stock, comprising 22,613,781 shares outstanding as of March 20, 2026, and 5,000,000 shares issuable upon exercise of stock options held by Mr. Hayes.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive development. The substantial increase in the CEO's beneficial ownership demonstrates significant personal commitment and confidence in Dominari Holdings' long-term prospects, which typically resonates well with investors.

Positives

• Increased insider ownership by the CEO and Chairman, Anthony Hayes, to 35.3% signals strong confidence in the company's future prospects.
• The issuance of 3,000,000 shares under the 2022 Equity Incentive Plan aligns management's interests more closely with those of shareholders.
• Stockholder approval for the amendment to the 2022 Equity Incentive Plan demonstrates shareholder support for the company's compensation structure.

Risks

• An aggregate of 576,368 shares issuable pursuant to certain warrants purchased by the Reporting Person are not currently exercisable due to beneficial ownership limitations.

Future Outlook

The Reporting Person has no current plan or proposal which relates to or would result in any of the events described in Items (a) through (j) of the instructions to Item 4 of Schedule 13D, but may, at any time and from time to time, review or reconsider his position and/or change his purpose.

Management Comments

• Anthony Hayes, as Chief Executive Officer and Chairman of the Board, was granted 3,000,000 shares of the Issuer's Common Stock pursuant to the 2022 Equity Incentive Plan.
• The grant was subject to and received stockholder approval for an amendment to the 2022 Equity Incentive Plan on March 4, 2026, and registration of shares on Form S-8 on March 13, 2026.

Industry Context

StockSavvy.ai notes that a significant increase in insider ownership, particularly by a CEO and Chairman, is often interpreted by the market as a strong vote of confidence in the company's future performance and strategic direction. This move aligns management's financial interests more closely with those of public shareholders, which can be a positive signal in the broader market context.

Comparison to Industry Standards

• This filing primarily concerns a change in insider ownership, which is not directly comparable to industry-standard operational or financial performance benchmarks.
• However, a 35.3% beneficial ownership stake for a CEO is a substantial holding, often exceeding typical executive ownership percentages in many publicly traded companies, indicating a high level of personal investment and commitment.

Corporate Governance

Related Party Transactions

• The grant of 3,000,000 shares of Common Stock to Anthony Hayes, the Chief Executive Officer and Chairman of the Board, under the 2022 Equity Incentive Plan, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased alignment of management's interests with shareholder value due to higher insider ownership.
• Employees: The 2022 Equity Incentive Plan provides a framework for equity compensation, potentially impacting other employees in the future.

Next Steps

• The Reporting Person may, at any time and from time to time, review or reconsider his position and/or change his purpose regarding the Issuer's securities.

Key Dates

Recommendation

The substantial increase in the CEO's beneficial ownership to 35.3% is a strong indicator of insider confidence and commitment. This significant alignment of management's interests with shareholders, coupled with the company's ability to execute on its equity incentive plan, suggests a positive outlook. A seasoned investor would likely view this as a compelling reason to consider a 'buy' position, anticipating that such strong insider conviction often precedes favorable company performance.

Keywords

Dominari Holdings Inc., Anthony Hayes, Schedule 13D, insider ownership, equity incentive plan, stock options, beneficial ownership, corporate governance