KULR Technology Group (KULR) CTO reports RSU tax share withholding
Rhea-AI Filing Summary
KULR Technology Group Chief Technology Officer William Quinn Walker reported an administrative share withholding related to equity compensation. On January 21, 2026, 9,020 shares of common stock were withheld by the company to cover income tax and remittance obligations tied to the net settlement of previously granted restricted stock units under its equity incentive plan, and this event is explicitly noted as not representing a sale. The withholding used $4.18 per share, described as the prior closing price on the vesting date, as a reference value rather than a sale price. After this adjustment, Walker beneficially owned 175,563 shares of common stock directly, with this amount reflecting a one-for-eight reverse stock split effective June 23, 2025 and the inclusion of shares underlying earlier RSU grants that had previously been omitted.
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FAQ
What insider transaction did KULR (KULR) report for William Quinn Walker?
The filing shows that 9,020 shares of KULR common stock were withheld on January 21, 2026 to satisfy income tax and remittance obligations from the net settlement of previously granted RSUs. The company states this does not represent a sale.
What does transaction code "F" mean in the KULR Form 4 for William Quinn Walker?
Transaction code "F" indicates shares were withheld to pay taxes in connection with the vesting or settlement of equity awards. In this case, KULR withheld 9,020 shares tied to RSU settlement rather than Walker selling shares in the market.
How many KULR shares does William Quinn Walker own after the reported transaction?
After the tax withholding, William Quinn Walker is reported as beneficially owning 175,563 shares of KULR common stock directly. This figure reflects a one-for-eight reverse stock split effective June 23, 2025 and includes shares underlying previously granted RSUs that had been omitted earlier.
What price per share is referenced for the KULR tax withholding transaction?
The Form 4 lists a reference price of $4.18 per share, described as the previous closing price of KULR common stock on the RSU vesting date. The company notes this price does not represent a sale.
Is the KULR CTO’s Form 4 transaction a market sale of shares?
No. The filing explains that the 9,020 shares were withheld by KULR to cover income tax and remittance obligations on RSU settlement and specifically states that the transaction does not represent a sale of shares by the CTO.
Did the KULR reverse stock split affect the share count reported for William Quinn Walker?
Yes. A footnote states that the 175,563-share beneficial ownership figure was adjusted for a one-for-eight reverse stock split effective June 23, 2025 and to include shares underlying previously granted RSUs that were previously omitted.