KULR (KULR) CFO reports 16,170-share RSU tax withholding, holds 346,347
Rhea-AI Filing Summary
KULR Technology Group’s Chief Financial Officer and director Shawn Canter reported an automatic share withholding related to equity compensation. On January 21, 2026, the company withheld 16,170 shares of Common Stock to cover income tax obligations tied to the net settlement of previously granted restricted stock units, at a reference price of $4.18 per share. The filing states this does not represent a sale in the market. After this tax withholding, Canter beneficially owned 346,347 shares of Common Stock directly, an amount that reflects a one-for-eight reverse stock split effective June 23, 2025 and the inclusion of shares underlying earlier RSU grants that were previously omitted.
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FAQ
What insider transaction did KULR (KULR) report for Shawn Canter?
The filing shows that 16,170 KULR common shares were withheld from Shawn Canter on January 21, 2026 to satisfy income tax obligations on vested RSUs. The transaction is coded F, indicating a tax withholding event rather than an open market trade.
Did the KULR CFO sell shares in the open market in this Form 4?
No. The Form 4 explains that the 16,170 shares were withheld by the issuer to cover income tax withholding for vested RSUs and explicitly states that this does not represent a sale of shares into the market.
What price is associated with the KULR share withholding for Shawn Canter?
The transaction shows a price of $4.18 per share, described as the previous closing price of KULR’s common stock on the vesting date of the RSUs. The footnote clarifies this price is a reference point and does not represent a sale.
How many KULR shares does Shawn Canter own after the reported transaction?
Following the tax withholding, Shawn Canter beneficially owned 346,347 shares of KULR common stock directly. A footnote notes this amount was adjusted for a one-for-eight reverse stock split effective June 23, 2025 and to include shares underlying previously granted RSUs.
What is the role of Shawn Canter at KULR Technology Group (KULR)?
Shawn Canter is identified as both a director and an officer of KULR Technology Group, serving as the company’s Chief Financial Officer. The reported holdings and transaction in the Form 4 relate to his position as a reporting insider.
Why were KULR share amounts adjusted in Shawn Canter’s holdings?
The footnotes state that the 346,347-share beneficial ownership figure was adjusted to reflect a one-for-eight reverse stock split that took effect on June 23, 2025 and to add shares underlying previously granted RSUs that had been omitted earlier.