Seaburg Wade 4

What Happened Seaburg Wade, Chief Commercial Officer of Dragonfly Energy Holdings Corp. (DFLI), was granted options to purchase 36,607 shares of common stock on March 15, 2026. The options have an exercise price of $2.99 per share (total exercise cost if fully exercised ≈ $109,455). The grant was recorded as an award (no cash paid on grant).

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (timely filing).
• Grant type: Options awarded under the Dragonfly Energy Holdings Corp. 2022 Equity Incentive Plan.
• Quantity/price: 36,607 options; exercise price $2.99 per share; acquisition price $0 at grant.
• Vesting: Vest in three equal annual installments beginning April 1, 2026, subject to continued employment.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Vesting conditioned on continuous employment through each vesting date.

Context This was an equity compensation grant (not a purchase or sale). The options give the right to buy shares later at $2.99 if and when they vest and are exercised. Such grants are common executive compensation; they do not by themselves indicate immediate buying or selling of stock.