Greg Endo - 17 Jul 2025 Form 4 Insider Report for Volcon, Inc. (VLCN)

Role
Chief Financial Officer
Signature
/s/ Greg Endo
Issuer symbol
VLCN
Transactions as of
17 Jul 2025
Net transactions value
+$200,000
Form type
4
Filing time
21 Jul 2025, 21:46:35 UTC
Previous filing
02 Jun 2025
Next filing
20 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Endo Greg Chief Financial Officer C/O VOLCON, INC., 3121 EAGLES NEST, SUITE 120, ROUND ROCK /s/ Greg Endo 21 Jul 2025 0001882355

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLCN Common Stock Award $200,000 +20,000 $10.00 20,000 21 Jul 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLCN Stock options (right to buy) Award +72,150 72,150 17 Jul 2025 Common Stock 72,150 $10.00 Direct F2
transaction VLCN Stock options (right to buy) Award +747,005 747,005 17 Jul 2025 Common Stock 747,005 $10.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock were purchased by the Reporting Person in the Issuer's recently announced private placement with certain accredited and institutional investors, which closed on July 21, 2025.
F2 The Reporting Person and the Issuer amended an existing option grant agreement pursuant to which the Reporting Person was granted options to purchase 72,150 shares of common stock of the Issuer (as adjusted for the Issuer's June 11, 2025 one-for-eight reverse stock split) in connection with the Reporting Person's employment service to the Company. The amendment increased the exercise price of such options to $10 per share of common stock.
F3 The stock options vest based upon the daily volume weighted average price ("VWAP") of the Issuer's common stock, vesting as to 20% of the of the underlying shares of common stock upon the VWAP reaching $10 and then in incremental 20% installments until becoming fully vested upon a VWAP of $30. All vesting is subject to the approval by the Issuer's stockholders of a new stock option plan.
F4 The stock options were issued by the Issuer in connection with the Reporting Person's employment service as Chief Financial Officer of the Issuer on July 17, 2025. All vesting is subject to the approval by the Issuer's stockholders of a new stock option plan.