EMPD Volcon, Inc. Insider Trading

10% owner buys 691.1K shares in 2 transactions at $4.67–$4.68 ($3.2M) amid 59.4% decline from 52-week high

ATG Capital Opportunities Fund LP, a 10% owner, executed 2 separate purchases totaling 691,145 shares for $3,232,478.72 at a blended average price of $4.68 on 2026-02-02 and 2026-02-03, expanding its holdings by 18.1% to 4,500,000 shares. The timing is notable: the current price of $4.50 is -59.4% from the 52-week high of $11.08, and the stock has declined 29.5% over the past 90 days, suggesting the purchases occurred during pronounced weakness. However, Empery Digital's fundamentals remain challenged—the company reported a net loss of $-34,555,301.00 in its most recent quarter and was unprofitable over its full fiscal year, despite posting annual revenue growth of 23.8%. The insider's three prior same-ticker trades at EMPD (2026-01-28, 2026-01-29, 2026-01-30) are not yet measurable, so no outcome pattern is available to assess whether this accumulation reflects a contrarian conviction or simply reflects the fund's portfolio management in a distressed name.

ATG Capital (10% owner) bought 428,626 shares in 3 transactions over 3 days, averaging $4.94, raising stake to 3,808,855 shares

ATG Capital Opportunities Fund LP executed 3 separate purchases totaling 428,626 shares ($2,115,727.98) on consecutive trading days (Jan 28–30, 2026) at an average price of $4.94, increasing holdings from 3,380,229 to 3,808,855 shares (+12.7%). The stock currently trades at $4.91, down 55.7% from its 52-week high of $11.08 but up 7.6% over the past 30 days after falling 29.6% over 90 days. Empery Digital remains unprofitable, with a most recent quarter revenue of $198,301.00 and full-year net income of $-34,555,301.00, though annual revenue growth was +23.8%. The concentrated multi-day purchasing pattern at a 10% stake level against a backdrop of steep year-to-date losses and negative earnings warrants examination of capital allocation intent in a structurally unprofitable business.

10% owner SABBY MANAGEMENT, LLC bought 10,000 shares of VLCN at $1.42 on 2024-08-30; stock now at $91.52, down -27.8% in 30 days and -89.3% in 90 days.

SABBY MANAGEMENT, LLC purchased 10,000 shares at $1.42, increasing holdings to 774,569 shares (+1.3% net change). The transaction is part of a sequence of five consecutive buys at VLCN between 2024-08-22 and 2024-08-30, suggesting sustained accumulation activity over nine days. However, context is critical: the current stock price of $91.52 reflects extreme volatility, with a 52-week range of $91.52–$921600.00 and a 30-day decline of -27.8% coupled with a 90-day decline of -89.3%. The company's fundamentals are deeply challenged—latest quarter revenue of $940,863.00 and a net loss of $-606,418.00, with annual revenue contraction of -28.3% and unprofitability on a full-year basis. No prior buy outcomes at this ticker are yet measurable, so the pattern of consecutive purchases cannot be evaluated against actual market results.

10% owner SABBY MANAGEMENT purchased 25.1K shares at $1.49 average across two transactions, expanding stake to 764.6K shares.

SABBY MANAGEMENT executed 2 separate purchases totaling 25,062 shares for $37,349.61 at a blended average price of $1.49 on August 28–29, 2024, increasing holdings from 739,507 to 764,569 shares (+3.4%). The purchases occurred in a company with deteriorating fundamentals: revenue of $940,863.00 in the latest quarter against net income of $-606,418.00, annual revenue decline of -28.3%, and full-year unprofitability. The stock has declined -91.8% over 90 days and -34.8% over 30 days from a 52-week high of $921600.00. SABBY's cross-ticker trading history shows 18 prior buys against only 2 prior sells, indicating a buy-oriented pattern, though his 5 prior same-ticker trades at VLCN are too recent to reveal outcome patterns. The timing and magnitude of this accumulation warrant monitoring given the company's financial stress, though the lack of measurable prior outcomes at this ticker limits comparative context.

10% owner SABBY MANAGEMENT purchases 3,194 shares at $1.55 amid -91.8% 90-day decline in VLCN stock

SABBY MANAGEMENT, LLC, a 10% owner, purchased 3,194 shares (3.2K shares) of Volcon at $1.55 on 2024-08-26, increasing holdings from 736,313 to 739,507 shares. The transaction occurs in the context of severe recent price deterioration: the stock is down 36.2% over 30 days and 91.8% over 90 days from a 52-week high of $921600.00, currently trading at $97.92. Fundamentals show the company is unprofitable with net income of $-606,418.00 (latest quarter), annual revenue declining 28.3% year-over-year, and quarterly revenue of $940,863.00. The insider's cross-ticker track record shows 17 prior buys versus 2 prior sells, but at this specific ticker, recent activity includes mixed buys and a sell on 2024-08-22—outcomes from all five same-ticker trades remain unmeasurable. The combination of significant price deterioration, negative earnings, and declining revenue alongside continued accumulation warrants investor attention to the underlying operational trajectory.

Sabby Management sells 32,794 shares at $2.05 amid 3 concurrent buys, reducing stake by 3.4% to 736,313 shares at VLCN.

On 2024-08-22 and 2024-08-23, Sabby Management executed 3 separate purchases totaling 7,098 (7.1K shares) for $10,770.35 ($10.8K) at prices ranging $1.49–$1.55, while simultaneously selling 32,794 shares at $2.05 for $67,227.70 ($67.2K)—a net reduction of 25,696 shares or -3.4% vs pre-transaction holdings of 762,009 shares. The sell occurred at a higher per-share price ($2.05) than both purchases ($1.49 and $1.55), though all three transactions clustered within a narrow three-day window. The company reported negative fundamentals: quarterly net income of $-606,418.00 ($-606.4K), annual revenue decline of -28.3%, and unprofitable full-year performance. The 30-day and 90-day price changes reflect substantial deterioration (-34.6% and -92.1% respectively), though these post-date the filing. Sabby's cross-ticker track record shows 15 prior buys and only 1 prior sell, establishing a strong historical preference for accumulation over disposition.

10% owner Sabby Management bought 28.7K shares at $1.53 avg amid -91.8% quarterly decline, expanding stake +3.9% to 762.0K shares.

Sabby Management executed 2 purchases totaling 28,710 shares for $43,839.69 on consecutive days (2024-08-20 and 2024-08-21) at a blended average price of $1.53, bringing total holdings to 762,009 shares post-transaction. The timing is notable: the stock has fallen -91.8% over the past 90 days and -48.2% over the past 30 days, reflecting severe recent deterioration. Volcon's fundamentals remain weak—the company reported revenue of $940,863.00 for the latest quarter with net income of $-606,418.00, and full-year revenue declined -28.3% year-over-year. This buying activity by a significant shareholder (10% ownership) during an extreme price decline warrants analysis of whether the buyer perceives fundamental value or is engaged in tactical accumulation given prior activity at this ticker (5 trades including 4 prior buys and 1 sell within the same filing window).

10% owner SABBY MANAGEMENT adds 22,039 shares at $1.43–$1.59 amid -92.9% 90-day decline

SABBY MANAGEMENT, LLC, a 10% owner of Volcon, Inc., executed 2 separate purchases totaling 22,039 shares for $32,424.16 on 2024-08-16 and 2024-08-19, raising holdings from 711.3K to 733.3K shares. The purchases occurred at a blended average price of $1.47, while the stock has since fallen -92.9% over 90 days and currently trades at $99.84, down 100.0% from a 52-week high. The company reported negative net income of $-606.4K in the latest quarter and annual revenue contraction of -28.3%, indicating fundamental distress. The insider's prior trades at VLCN—five buys executed on consecutive days (2024-08-12 through 2024-08-20)—show a pattern of accumulation during a period of severe price deterioration, though none of these recent buys yet have measurable 90-day outcomes.

10% owner Sabby Management bought 47,672 shares in 2 transactions at $1.56 avg; stock down 43.0% in 30 days, -93.9% in 90 days

Sabby Management, a 10% owner, executed two separate purchases totaling 47,672 shares for $74,171.48 ($74.2K) on August 14–15, 2024, at an average price of $1.56. The company is materially unprofitable (net income $-606,418.00 in the latest quarter; annual revenue growth of -28.3%) with a market cap of $522,119,584.00 ($522.1M). The timing of these purchases is striking against the stock's recent price action: the 30-day change is -43.0% and the 90-day change is -93.9%, indicating Sabby's purchases occurred during or immediately before a severe drawdown. Sabby's five prior trades at Volcon—four additional buys on August 8, 9, 12, and 13, plus a buy on August 16 (all clustered within days of this filing)—suggest an aggressive accumulation pattern in this window, though outcomes on those prior purchases are not yet measurable.

10% owner buys 9,459 shares across 2 transactions at $1.66 avg; stock down 94.4% in 90 days

SABBY MANAGEMENT, LLC, a 10% owner, executed 2 separate purchases totaling 9,459 shares for $15,658.73 on 2024-08-12 and 2024-08-13 at a blended average price of $1.66. This represents a 1.4% increase in the holder's position to 663,588 shares post-transaction. The stock has declined 94.4% over the 90-day period and 52.1% over 30 days, trading at $101.12 against a 52-week high of $921600.00. The company generated $940,863.00 in latest quarterly revenue while posting a $-606,418.00 net loss, with annual revenue declining 28.3% year-over-year. The holder's cross-ticker track record shows 7 prior buys versus 1 prior sell, though prior trade outcomes at this specific ticker are not yet measurable.