Digital Brands Group Inc. announced that existing holders of its Series D Preferred Stock have entered into private agreements concerning the ownership and conversion rights of their shares. As part of these agreements, one holder transferred 4,687 Series D Shares to another holder, who agreed not to convert any of their 9,375 Series D Shares into common stock until after May 31, 2026. Additionally, certain holders have agreed to restrictions on the sale of common stock issuable upon conversion of their Series D Shares, limiting daily sales to the greater of 1% of the prior day's average daily volume or 2,500 shares. The company is not a party to these agreements but has been informed of their terms by the holders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Brands Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9654900-en) on February 14, 2026, and is solely responsible for the information contained therein.