STOCK TITAN

Joanna Massey sells 10,000 KULR shares to cover RSU taxes

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

Rhea-AI Filing Summary

Joanna D. Massey, a director of KULR Technology Group, Inc. (KULR), reported a sale of 10,000 shares of common stock on 10/03/2025 at a price of $5.47 per share. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on July 1, 2025 and that the shares sold were used to satisfy the reporting person’s income tax remittance obligations tied to previously vested restricted stock units. After the transaction, Ms. Massey beneficially owns 17,813 shares, held directly. The Form 4 discloses this routine, preplanned sale and provides no additional changes to derivative holdings.

Positive

  • Transaction executed under a Rule 10b5-1 plan, indicating preplanned and compliant insider trading
  • Filing clearly states purpose: shares sold to satisfy income tax remittance obligations from vested RSUs
  • Transparent reporting with specific post-transaction beneficial ownership of 17,813 shares

Negative

  • Director reduced direct holdings by 10,000 shares, which may be viewed negatively by some investors
  • Form 4 discloses no additional context on any future trading intentions or broader insider ownership changes

Insights

Sale was executed under a Rule 10b5-1 plan, showing preplanned, compliant insider selling.

The Form 4 discloses a 10,000-share sale at $5.47 on 10/03/2025 under a trading plan adopted July 1, 2025. Using a 10b5-1 plan typically reduces concerns about opportunistic timing because trades follow a pre-established schedule.

Filing also states the sale satisfied tax remittance obligations relating to vested restricted stock units; this ties the disposition to compensation settlement rather than a discretionary liquidity event.

Director’s direct holding now totals 17,813 shares after the sale; transaction size is disclosed.

The sale reduces direct beneficial ownership by 10,000 shares. The Form 4 shows no derivatives activity or other compensatory changes reported on this filing.

No additional material context (e.g., planned future sales, company guidance impact) is disclosed in this filing.

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).
X
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*
Massey Joanna D.

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025
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 10/03/2025 S(1) 10,000(2) D $5.47 17,813 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. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on July 1, 2025.
2. Represents the number of shares automatically sold pursuant to the Rule 10b5-1 trading plan to satisfy the Reporting Person's income tax remittance obligations in connection with previously vested restricted stock units.
/s/ Joanna D. Massey 10/03/2025
** 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 did KULR director Joanna Massey report on Form 4 (KULR)?

Ms. Massey reported a sale of 10,000 common shares on 10/03/2025 at $5.47 per share under a Rule 10b5-1 trading plan.

Why were the shares sold in the Form 4 filing for KULR?

The filing states the shares were sold to satisfy the reporting person’s income tax remittance obligations related to previously vested restricted stock units.

When was the 10b5-1 trading plan adopted for the reported KULR sale?

The Form 4 states the Rule 10b5-1 trading plan was adopted on July 1, 2025.

How many KULR shares does Joanna Massey beneficially own after the sale?

After the reported transaction, Ms. Massey beneficially owns 17,813 shares (direct ownership).

Does the Form 4 report any derivative or option transactions for Joanna Massey?

No. The Form 4 contains no reported derivative securities transactions or changes to options in Table II.
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