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

Role: Chief Operating Officer
Signature: /s/ Timothy Silver
Issuer symbol: VLCN
Transactions as of: 17 Jul 2025
Net transactions value: +$25,000
Form type: 4
Filing time: 29 Jul 2025, 21:29:24 UTC
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Silver Timothy J.	Chief Operating Officer	C/O VOLCON, INC., 3121 EAGLES NEST STREET, SUITE 120, ROUND ROCK	/s/ Timothy Silver	21 Jul 2025	0002079068

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VCLN	Common Stock	Award	$25,000	+2,500		$10.00	2,500	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	VCLN	Stock options (right to buy)	Award		+597,604			597,604	17 Jul 2025	Common Stock	597,604	$10.00	Direct	F2, F3

* 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 stock options vest based upon the daily volume weighted average price ("VWAP") of the Issuer's common stock, vesting as to 20% 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.
F3	The non-qualified stock options were issued by the Issuer pursuant to an inducement award agreement as a material inducement to the Reporting Person's acceptance of employment with the Issuer in accordance with NASDAQ Listing Rule 5635(c) on July 17, 2025.