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

Chief Revenue Officer Wade Seaburg reports acquisition and disposal of Dragonfly Energy Holdings Corp. common stock and restricted stock units.

Summary

• On April 16, 2024, Wade Seaburg, Chief Revenue Officer of Dragonfly Energy Holdings Corp., filed a Form 4.
• The report details transactions involving the company's common stock and restricted stock units (RSUs).
• Seaburg acquired 181,481 shares of common stock on April 12, 2024, at a price of $0.
• He also disposed of 181,481 shares of common stock on the same day.
• Following these transactions, Seaburg beneficially owns 309,733 shares of Dragonfly Energy Holdings Corp.
• The RSUs were granted on April 12, 2023, under the company's 2022 Equity Incentive Plan and vest in three equal annual installments starting April 12, 2025, contingent upon continuous employment.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about ownership changes.

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 Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It's a standard practice for publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.
• The vesting of RSUs incentivizes the Chief Revenue Officer to remain with the company.

Key Dates