SCHEDULE: Dominari Holdings Director Boosts Stake to 37.86%

Dominari Holdings Inc. President and Director Kyle Michael Wool increased his beneficial ownership, along with spouse Soo Yu, to 37.86% of the company's common stock following a grant of 3 million shares.

Summary

• Kyle Michael Wool, President and Director of Dominari Holdings Inc., and his spouse, Soo Yu, collectively beneficially own 10,453,817 shares of the Issuer's Common Stock.
• This represents approximately 37.86% of the total outstanding Common Stock, calculated based on 27,613,781 shares (22,613,781 outstanding plus 5,000,000 exercisable options).
• The increase in ownership is primarily due to a grant of 3,000,000 shares of Common Stock to Mr. Wool on January 7, 2026, under the 2022 Equity Incentive Plan.
• The share grant was contingent on stockholder approval of an amendment to the 2022 Equity Incentive Plan (obtained March 4, 2026) and registration on Form S-8 (March 13, 2026), with confirmation of issuance on March 23, 2026.
• Mr. Wool's direct beneficial ownership includes 5,000,000 shares underlying a stock option exercisable within 60 days of the S-8 filing on January 9, 2026.
• An aggregate of 576,368 shares issuable from warrants are not currently exercisable due to beneficial ownership blockers.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as increased insider ownership by a key executive typically signals confidence in the company's future, although it is a routine disclosure for a Schedule 13D amendment.

Positives

• Increased insider ownership by a key executive (President and Director) and his spouse, potentially signaling confidence in the company's future.
• Stockholder approval of an amendment to the 2022 Equity Incentive Plan, indicating support for management compensation structures.
• The grant of 3,000,000 shares to Mr. Wool is a form of equity compensation, aligning management's interests with shareholders.

Risks

• Beneficial ownership blockers prevent the exercise of 576,368 shares from warrants, which could limit the reporting person's ability to fully realize their investment in the short term.

Future Outlook

The reporting persons currently have no plans or proposals that would result in significant corporate events, but they may review or reconsider their position and purpose at any time.

Management Comments

• The Reporting Person may, at any time and from time to time, review or reconsider his position and/or change his purpose.

Industry Context

StockSavvy.ai notes that increased insider ownership, particularly by a company's President and Director, can often be interpreted by the market as a sign of strong management confidence in the company's future prospects and strategic direction. This aligns with a trend where executives seek to deepen their vested interest in the company's long-term performance.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively, signaling management's commitment and belief in the company's value.
• Management/Employees: The equity incentive plan and share grants serve to incentivize and retain key executives like Mr. Wool.

Next Steps

• The reporting persons may, at any time, review or reconsider their position and/or change their purpose regarding their holdings.

Key Dates

Recommendation

The filing indicates a substantial increase in insider ownership by a key executive, which is generally a positive signal of confidence. However, as a Schedule 13D amendment, it primarily reports a change in beneficial ownership rather than new operational or financial performance data. Without additional context on the company's fundamentals or market valuation, a 'hold' recommendation is prudent, acknowledging the positive insider sentiment while awaiting further comprehensive financial disclosures.

Keywords

Dominari Holdings, Kyle Michael Wool, Soo Yu, Schedule 13D, Beneficial Ownership, Insider Ownership, Equity Incentive Plan, Stock Grant, Common Stock, SEC Filing