Form 4: Dragonfly Energy Director Granted RSUs

Dragonfly Energy Holdings Corp. director Howarth Perry Boyle Jr. received a grant of 4,204 restricted stock units, vesting over three years.

Summary

• Director Howarth Perry Boyle Jr. was granted 4,204 restricted stock units (RSUs) under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan on March 15, 2026.
• These RSUs will vest in three equal annual installments beginning on April 1, 2026, contingent upon the director's continuous service with the Issuer.
• Following this transaction, the director beneficially owns 7,249 shares of common stock.
• The total beneficial ownership includes 1,646 unvested RSUs granted on April 12, 2024, which are scheduled to vest in two equal installments on April 12, 2026, and April 12, 2027.
• A one-for-10 reverse stock split was effected by the Issuer on December 18, 2025.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as the RSU grant aligns director interests with long-term shareholder value, despite the prior reverse stock split.

Positives

• The grant of 4,204 restricted stock units to a director aligns management interests with long-term shareholder value.
• The multi-year vesting schedule encourages sustained commitment and performance from the director.

Negatives

• The filing references a one-for-10 reverse stock split effected on December 18, 2025, which can sometimes be perceived negatively by the market as it often follows a period of sustained low share price.

Future Outlook

The future outlook includes the vesting of 4,204 RSUs in three equal annual installments starting April 1, 2026, and the vesting of 1,646 previously granted RSUs in two equal installments on April 12, 2026, and April 12, 2027, all contingent on continuous service.

Industry Context

StockSavvy.ai notes that equity grants, such as restricted stock units, are a common practice in corporate compensation, particularly for directors, to align their long-term interests with those of shareholders. The reference to a prior reverse stock split, while not directly part of this transaction, indicates a past corporate action often undertaken by companies to meet listing requirements or improve stock perception, though its effectiveness varies.

Comparison to Industry Standards

• Not applicable for this type of filing, which details an individual insider transaction rather than company performance or operational results.

Stakeholder Impact

• Shareholders: Potential for minor dilution from RSU settlement, but also increased alignment of director interests with long-term company performance.
• Director: Receives equity compensation, incentivizing continued service and performance.

Next Steps

• First vesting of 4,204 RSUs on April 1, 2026.
• First vesting of 1,646 previously granted RSUs on April 12, 2026.
• Subsequent annual vesting installments for the 4,204 RSUs on March 15, 2027, and March 15, 2028 (assuming continuous service).
• Second vesting of 1,646 previously granted RSUs on April 12, 2027.

Key Dates

Keywords

DFLI, Restricted Stock Units, RSU, Equity Incentive Plan, Director Compensation, Insider Transaction, Reverse Stock Split