RICHIE LEROY C 4

What Happened

• Richie LeRoy C, a director of Digital Ally, Inc. (ticker: KUST), was granted options to acquire 5,000 shares of common stock on January 22, 2026. The grant was reported on a Form 4 filed January 27, 2026. The options were granted at no cash cost at grant (reported acquisition value $0) and will have an exercise price equal to the closing price of KUST on the Nasdaq Capital Market on January 22, 2026. 100% of the options vest on January 22, 2027, contingent on Mr. LeRoy remaining a director on that date.

Key Details

• Transaction date: 2026-01-22 (Grant, code A)
• Report filed: 2026-01-27 (filed after the usual 2-business-day Form 4 deadline)
• Award size: options to acquire 5,000 shares
• Exercise price: set to the Nasdaq closing price on 2026-01-22 (amount not specified in the filing)
• Vesting: 100% vests on 2027-01-22, contingent on continued service as a director
• Shares owned after transaction: not specified in the filing
• Footnotes: F1 describes the award terms and vesting; F2 notes the reported amounts reflect reverse stock splits in May 2025 and January 2026

Context

• This filing records an option grant (an award), not an open-market purchase or sale. Such awards give the holder the right to buy shares later at a set exercise price; they do not represent an immediate purchase of stock or a sale of holdings.
• Because vesting is time- and service-contingent, the options may never vest if the director leaves before the vesting date. The filing does not indicate any immediate sale of shares.