Form 4: Dragonfly Energy Holdings Corp. Executive Reports Stock Transactions

Tyler Bourns, Chief Marketing Officer of Dragonfly Energy Holdings Corp., reports acquisition and disposal of common stock and restricted stock units.

Summary

• On April 12, 2024, Tyler Bourns, the Chief Marketing Officer of Dragonfly Energy Holdings Corp., reported transactions involving the company's stock.
• Bourns acquired 87,407 shares of common stock at $0.
• Bourns disposed of 87,407 shares of common stock.
• Following these transactions, Bourns beneficially owns 118,204 shares of Dragonfly Energy Holdings Corp.
• Bourns was also granted 87,407 restricted stock units (RSUs) on April 12, 2023, under the company's 2022 Equity Incentive Plan.
• These RSUs will vest in three equal annual installments beginning on April 12, 2025, contingent upon continuous employment with the Issuer.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Positives

• The reporting person's continued employment is tied to the vesting of RSUs, which aligns their interests with the company's long-term success.

Future Outlook

The RSUs vest in three equal annual installments beginning on April 12, 2025, as long as the Reporting Person remains in continuous employment with the Issuer through each vesting date.

Industry Context

This is a standard SEC Form 4 filing, providing transparency into the stock transactions of company insiders. It's a routine part of corporate governance and helps investors understand the actions of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Similar filings are made by executives at companies like Tesla (TSLA), Enphase Energy (ENPH), and SunPower (SPWR), all of which operate in related energy sectors.

Stakeholder Impact

• Shareholders are informed about insider transactions, which can influence their perception of the company's stock.

Key Dates