December 4, 2025 · Form 4 insider transaction
Lane Ryan M. bought 50,000 shares of EMPD at $5.06 per share, a transaction worth $253.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
The shares of common stock were purchased by each of Empery Asset Master, LTD, Empery Tax Efficient, LP and Empery Tax Efficient III, LP (collectively the "Empery Purchasers") on December 4, 2025.; The weighted average sales price of the reported transaction was $5.0591 based on a range of prices ranging from $4.9600 to $5.0800. The Reporting Persons undertake to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.; Empery Asset Management, LP (the "Investment Manager"), serves as the investment manager to each of the Empery Purchasers and certain other funds holding shares of the Issuer's common stock (collectively, the "Empery Funds"). The Reporting Person is a Managing Member of Empery AM GP, LLC (the "General Partner"), the general partner of the Investment Manager. The Investment Manager may be deemed to be the beneficial owner of all of the common stock held by the Empery Funds. The Reporting Person, as Managing Member of the General Partner of the Investment Manager with the power to exercise investment discretion, may be deemed to be the beneficial owner of all of the common stock held by the Empery Funds. The Reporting Person is the Issuer's Co-Chief Executive Officer and Chairman of its board of directors. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.