Form 4: Empery Digital Inc. Insider Exercising Options

Tice Brown, a director and 10% owner of Empery Digital Inc., exercised 1,000 call option contracts on May 15, 2026, acquiring 100,000 shares of common stock.

Summary

• Tice Brown, identified as a Director and 10% Owner of Empery Digital Inc., engaged in a transaction on May 15, 2026.
• This transaction involved the automatic exercise at expiration of 1,000 call option contracts.
• Each contract granted the right to purchase 100 shares of the Issuer's common stock at an exercise price of $2.99 per share.
• As a result, 100,000 shares of common stock were acquired.
• These securities are held by Woodmont Investing LLC, with Tice Brown being the managing member and potentially deemed to beneficially own these securities.
• The filing also notes a transfer of 67,634 shares previously held by Woodmont Investing LLC to Mr. Brown on March 6, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The exercise of options at expiration is a routine transaction for insiders and does not inherently signal positive or negative sentiment about the company's future prospects.

Positives

• Acquisition of 100,000 shares of Empery Digital Inc. common stock by a key insider.
• Exercise of options at a price of $2.99 per share, indicating a potential belief in the stock's value at or above this level.
• Transfer of shares to Mr. Brown, potentially consolidating beneficial ownership and indicating continued personal investment.

Negatives

• The exercise of options at expiration suggests the options may not have significantly appreciated in value beyond the exercise price.
• The filing does not provide information on the current market price of the stock relative to the $2.99 exercise price.

Risks

• The filing does not explicitly mention any risks.
• However, a general risk associated with option exercises is that the underlying stock price may not sustain its value post-exercise, leading to potential losses if the exercise price was near the market price.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Management Comments

• Mr. Brown, as the managing member of Woodmont Investing LLC, may be deemed to beneficially own such securities.
• Each Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions. The exercise of options at expiration is a common event, but the scale of the acquisition by a 10% owner warrants attention for potential shifts in beneficial ownership or strategic intent.

Stakeholder Impact

• Shareholders: The transaction represents an increase in the number of shares held by a significant insider, which could be interpreted positively if seen as a sign of confidence, or neutrally as a routine exercise of vested options.

Next Steps

• Monitor future filings for any further transactions by Tice Brown or Woodmont Investing LLC.
• Observe the market performance of Empery Digital Inc. stock following this transaction.

Key Dates

Keywords

Empery Digital Inc., EMPD, Form 4, Insider Trading, Stock Options, Beneficial Ownership, Tice Brown, Woodmont Investing LLC, SEC Filing, Securities Transaction