Lane Ryan M. purchased $4.1M of EMPD (indirect holdings)
Lane Ryan M. (Co-Chief Executive Officer) purchased 1,400,000 indirectly-held shares of Empery Digital Inc. (EMPD) at an average of $2.91 ($2.82–$2.98, $4.07M total) across 2 trades over 2026-08-12 to 2026-08-13. Filed jointly with Empery Asset Management, LP (10% owner).
How this was made
The 30-second read
Why it matters
The newest information is the disclosed open-market purchase size, price range, and post-transaction share count. It may influence sentiment but does not change fundamentals on its own.
Market read
Traders may treat the filing as a modest bullish sentiment input, but it is unlikely to drive a durable repricing without accompanying company news.
What to watch
The purchase is indirect and the filing does not state intent, holding period, or whether other insiders/large holders are acting similarly.
Background
This is an SEC Form 4 insider transaction disclosure for Empery Digital Inc., reported by co-CEO Lane Ryan M. with indirect holdings.
Ticker impact
Co-CEO Lane Ryan bought $4.07M of Empery Digital shares in open-market trades at $2.8211 to $2.9845, filed Aug 14.
Near-term impact likely limited; any effect should be modest unless accompanied by other company-specific news.
The filing discloses a sizable purchase by an officer/director, but provides no new operational, financial, or guidance information.
Market effects
No clear sector read-through from a single insider purchase without additional company developments.
None indicated.
None indicated.
Counterpoint
Insider buying can be routine liquidity management or tax-related, and the absence of a 10b5-1 plan suggests discretion but not necessarily a new thesis.
Key entities
- issuerEmpery Digital Inc.
Subject of the Form 4 insider transaction disclosure.
- insiderLane Ryan M.
Co-Chief Executive Officer and director who purchased shares indirectly.
- co-reporting ownerEmpery Asset Management, LP
10% owner included in the joint filing.