KULR Technology Group (KULR) CEO withholds shares for RSU taxes

Rhea-AI Filing Summary

KULR Technology Group CEO and Chairman Michael Mo reported automatic share withholdings to cover taxes on vested equity awards. On January 21, 2026, the company withheld 31,557 shares of Common Stock at a reference price of $2.96 per share and 20,156 shares of Common Stock at a reference price of $4.18 per share. Both transactions were coded "F," meaning they relate to tax withholding on restricted stock units (RSUs) under the company’s equity incentive plan and are explicitly described as not representing sales into the market.

After these withholdings, Mo directly beneficially owned 3,054,399 shares of KULR Common Stock. The filing notes this amount reflects a one-for-eight reverse stock split effective June 23, 2025 and now includes shares underlying previously granted RSUs that had been omitted from the reported total.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mo Michael

(Last) (First) (Middle)

C/O KULR TECHNOLOGY GROUP, INC.

555 FORGE RIVER ROAD, SUITE 100

(Street)

WEBSTER TX 77598

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
KULR Technology Group, Inc. [ KULR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & Chairman of the Board

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/21/2026		F		31,557(1)	D	$2.96(2)	3,074,555(4)	D
Common Stock	01/21/2026		F		20,156(1)	D	$4.18(3)	3,054,399(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Represents the previous closing price of the Issuer's Common Stock on the date the RSU first became eligible for settlement and does not represent a sale.

3. Represents the previous closing price of the Issuer's Common Stock on the vesting date and does not represent a sale.

4. Amount has been adjusted pursuant to a one-for-eight reverse stock split effected on June 23, 2025 and to include shares underlying previously granted restricted stock units that were previously omitted from this amount.

	/s/ Michael Mo	01/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did KULR (KULR) report for CEO Michael Mo?

The filing shows that CEO and Chairman Michael Mo had KULR Common Stock withheld by the company on January 21, 2026 to satisfy income tax obligations tied to vested restricted stock units (RSUs). These withholdings are coded as transaction type "F" and are specifically described as not representing sales.

How many KULR shares were withheld for Michael Mo’s tax obligations?

KULR withheld 31,557 shares of Common Stock at a reference price of $2.96 per share and 20,156 shares of Common Stock at a reference price of $4.18 per share. According to the footnotes, these amounts relate to the net settlement of RSUs and do not represent open-market sales.

How many KULR shares does Michael Mo own after the reported Form 4 transactions?

Following the reported RSU-related withholdings, Michael Mo is listed as directly beneficially owning 3,054,399 shares of KULR Common Stock. A footnote explains that this figure reflects a one-for-eight reverse stock split effective on June 23, 2025 and now includes shares underlying previously granted RSUs that had been omitted before.

Do the KULR Form 4 transactions represent open-market sales by Michael Mo?

The disclosure states that the reported share movements do not represent sales. Instead, they are shares withheld by KULR to satisfy income tax withholding and remittance obligations arising from the net settlement and vesting of restricted stock units granted under the company’s equity incentive plan.

What do the prices $2.96 and $4.18 represent in Michael Mo’s KULR Form 4?

The footnotes explain that $2.96 per share is the previous closing price of KULR’s Common Stock on the date the RSUs first became eligible for settlement, and $4.18 per share is the previous closing price on the vesting date. Both are reference prices used in the RSU tax-withholding calculations and are not sale prices.

How did KULR’s reverse stock split affect Michael Mo’s reported shareholdings?

A footnote indicates that Michael Mo’s reported beneficial ownership amount was adjusted for a one-for-eight reverse stock split that took effect on June 23, 2025, and was also updated to include shares underlying previously granted RSUs that had been omitted earlier from the reported total.