Singh Vickram 4

What Happened
Vickram Singh, Chief Operating Officer of Dragonfly Energy Holdings Corp. (DFLI), was granted options to purchase 21,534 shares of the company's common stock on March 15, 2026. The reported grant is an award (derivative grant) with no cash payment at grant; the exercise price is $2.99 per share, meaning exercising all options would require about $64,342 in cash (21,534 × $2.99). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-17 (filed within the standard two business‑day window).
• Grant: 21,534 stock options; Exercise price: $2.99 per share; Reported acquisition value at grant: $0 (derivative award).
• Shares/Options owned after transaction: not disclosed in the filing.
• Footnote: Options vest in three equal annual installments beginning April 1, 2026, subject to continuous employment, and were granted under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan.
• No 10b5-1 plan, tax-withholding sale, or immediate exercise/sale reported.

Context
This was a standard equity compensation grant to an executive. Grants signal company compensation policy and retention incentives but are not the same as an insider buying shares on the open market. The options have a strike price and vest over time; they are not exercised or sold in this filing.