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KULR Technology Group (KULR) CTO reports RSU tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
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*
Walker William Quinn

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Technology Officer
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 9,020(1) D $4.18(2) 175,563(3) 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 vesting date and does not represent a sale.
3. 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/ William Walker 01/23/2026
** 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 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.

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