Kim Kyoung John 4

What Happened
Kim Kyoung John, CEO of Empery Digital Inc. (EMPD), recorded three derivative dispositions on 2026-02-19 that together cancel 4 option-based shares (2 + 1 + 1). Each disposition shows a $0.00 price and $0 total value — these were forfeitures of options rather than open-market sales or exercises.

Key Details

• Transaction date: 2026-02-19 (Form 4 filed 2026-02-20 — filing appears timely).
• Transaction codes: J (derivative disposition); footnote F1: voluntary forfeiture for no value received of options to purchase common stock.
• Shares disposed: 2, 1, and 1 derivative shares (total 4). Price per share: $0.00; total proceeds: $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• This was not a purchase or an exercise that generated cash — it is a cancellation/forfeiture of option rights.

Context
A forfeiture of options means the option awards were cancelled and produced no cash proceeds for the insider. Such forfeitures are typically administrative (e.g., lapsing or being voluntarily returned) and — especially at this small scale (4 shares) — are generally immaterial as an indicator of insider sentiment.