Foster Jonathan P. 4

What Happened

• Jonathan P. Foster, a director of Empery Digital Inc. (EMPD), recorded disposals on Feb 18, 2026 that represent the voluntary forfeiture of option-related derivative interests. The filing shows three derivative dispositions: 2 shares, 1 share, and 1 share — total 4 derivative shares — all at $0.00 each, resulting in no proceeds.
• These entries are derivative transactions (options/rights), not open-market sales or purchases of common stock. The footnote explains the transactions were forfeiture of options for no value received.

Key Details

• Transaction date: 2026-02-18; filing date: 2026-02-20 (appears timely).
• Reported dispositions (derivative): 2 shares @ $0.00, 1 share @ $0.00, 1 share @ $0.00 — total 4 derivative shares; total value $0.
• Footnote F1: "Represents the voluntary forfeiture for no value received by the reporting person of options to purchase shares of common stock."
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code J used for "other acquisition or disposition" in Form 4; here it reflects option forfeiture rather than a sale or gift.

Context

• This is a forfeiture of option rights — not a cash sale or purchase — and therefore does not represent a typical insider buy/sell signal. Forfeitures can result from vesting conditions, termination, or agreement changes; the filing does not state the reason.
• Retail investors should note this is a derivative/option-related administrative action and not direct cash proceeds to or from the director.