KULR Technology Group (KULR) CTO reports RSU tax-withholding of 2,663 shares
Rhea-AI Filing Summary
KULR Technology Group, Inc. Chief Technology Officer William Quinn Walker reported a Form 4 entry where 2,663 shares of common stock were withheld by the company on 2026-08-04 to satisfy income tax obligations tied to vested RSUs. According to the disclosure, this withholding "does not represent a sale." After this tax-withholding disposition, he directly owns 172,900 shares of KULR common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 2,663 shares
Net Sell
1 txn
Insider
Walker William Quinn
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 2,663 | $3.22 | $9K |
Holdings After Transaction:
Common Stock — 172,900 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares of Common Stock that were withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of restricted stock units ("RSUs") previously granted under the Issuer's equity incentive plan and does not represent a sale.
- F2. Represents the previous closing price of the Issuer's Common Stock on the vesting date and does not represent a sale.
Key Figures
Shares withheld for taxes: 2,663 shares
Reference share price: $3.22 per share
Shares owned after transaction: 172,900 shares
3 metrics
Shares withheld for taxes
2,663 shares
Common stock withheld on 2026-08-04 to satisfy RSU-related income tax obligations
Reference share price
$3.22 per share
Previous closing price on the RSU vesting date, used for tax withholding calculation
Shares owned after transaction
172,900 shares
Direct holdings of CTO William Quinn Walker following the tax-withholding disposition
Key Terms
restricted stock units ("RSUs"), net settlement, equity incentive plan, income tax withholding and remittance obligations
4 terms
restricted stock units ("RSUs") financial
"in connection with the net settlement of restricted stock units ("RSUs") previously granted"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
net settlement financial
"to satisfy income tax withholding and remittance obligations in connection with the net settlement"
equity incentive plan financial
"RSUs previously granted under the Issuer's equity incentive plan and does not represent a sale"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
income tax withholding and remittance obligations financial
"shares of Common Stock that were withheld by the Issuer to satisfy income tax withholding and remittance obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KULR (KULR) report for CTO William Quinn Walker?
KULR reported that CTO William Quinn Walker had 2,663 shares of common stock withheld on 2026-08-04 to cover income tax obligations from vested RSUs. This is a tax-withholding disposition rather than an open-market trade.
Does the KULR (KULR) Form 4 show an actual stock sale by the CTO?
No. The filing states the 2,663 withheld shares were used to satisfy income tax and remittance obligations from RSU vesting and explicitly notes the transaction “does not represent a sale.” It reflects administrative tax settlement, not market selling.
Was the KULR (KULR) CTO’s Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes describe the event as routine tax withholding for vested RSUs. The entry reflects administrative equity compensation processing rather than a discretionary trading-plan sale.