Form 4: Dominari Holdings Inc.: Executive Kyle Wool Receives Stock Grant and Reports Beneficial Ownership

Dominari Holdings Inc. reports that executive Kyle Michael Wool received a stock grant and discloses changes in his and Soo Yu's beneficial ownership, including direct and indirect holdings through various entities and retirement accounts.

Summary

• On March 24, 2025, Kyle Michael Wool, President, Director, and a 10% Owner of Dominari Holdings Inc., was granted 154,559 shares of common stock.
• As of the reporting date, Mr. Wool directly owns 1,113,339 shares and Ms. Yu directly owns 1,241,989 shares, totaling 2,355,328 shares beneficially owned directly.
• Mr. Wool also indirectly owns shares through his SEP-IRA (27,750 shares), Rollover IRA (24,000 shares), Catatonk Creek LLC (1,477 shares), Tioga 22 LLC (1,476 shares), and a UTMA account for Alison Cottone (3,559 shares).
• Ms. Yu indirectly owns shares through her pension (13,750 shares) and Dongam, LLC (1,477 shares).
• Mr. Wool holds Series A and Series B warrants to purchase 288,184 shares each, with exercise prices of $3.72 and $4.22 respectively, expiring on February 14, 2030.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing. The stock grant could be viewed positively as aligning management with shareholder interests, but it's not a major event.

Positives

• The stock grant to Mr. Wool could be seen as an incentive to align his interests with those of the shareholders.
• The disclosure provides transparency regarding the ownership structure of Dominari Holdings Inc.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining investor confidence.

Comparison to Industry Standards

• Executive compensation packages often include stock grants to align management's interests with shareholders, a common practice among publicly traded companies.
• The warrant terms (exercise price and expiration date) are typical for private placement offerings, similar to those seen in comparable companies.

Stakeholder Impact

• Shareholders are informed about changes in insider ownership, which can influence their investment decisions.

Key Dates

Keywords

beneficial ownership, Form 4, Dominari Holdings Inc., DOMH, Kyle Wool, Soo Yu, stock grant, warrants, insider trading, ownership