President's Beneficial Ownership Rises to 37.86% Following 3 Million Share Grant

summarizeSummary

President Kyle Wool and his spouse Soo Yu now beneficially own 37.86% of Dominari Holdings Inc. after Mr. Wool received a grant of 3,000,000 shares.

check_boxKey Events

• Significant Increase in Insider Ownership

  Kyle Michael Wool, President and Director, along with his spouse Soo Yu, now beneficially own 10,453,817 shares of Dominari Holdings Inc.

• Beneficial Ownership Reaches 37.86%

  The combined beneficial ownership of Mr. Wool and Ms. Yu represents approximately 37.86% of the company's common stock outstanding.

• Grant of 3 Million Shares to President

  This increase stems from a grant of 3,000,000 shares of common stock to Mr. Wool on January 7, 2026, with issuance confirmed on March 23, 2026, as part of his employment agreement. This follows the 8-K disclosure on March 23, 2026.

auto_awesomeAnalysis

This Schedule 13D/A details a significant increase in beneficial ownership for Kyle Michael Wool, President and Director, and his spouse, Soo Yu. The filing reports that Mr. Wool was granted 3,000,000 shares of common stock on January 7, 2026, with issuance confirmed on March 23, 2026. This grant, previously disclosed in an 8-K, substantially increases their combined stake to 10,453,817 shares, representing 37.86% of the company's outstanding common stock. This solidifies executive control and aligns management's interests with shareholders, though it also represents significant dilution.