Radoff Family Foundation trims KVH Industries (KVHI) stake with 35K-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KVH Industries ten percent owner group reports share sales by an affiliated foundation. The Radoff Family Foundation, which is part of a Section 13(d) group with Bradley L. Radoff, sold 10,941 KVH Industries common shares at a weighted average price of $10.7759 and 24,059 shares at a weighted average price of $11.3926 on May 27, 2026. These open-market transactions were executed in multiple trades within disclosed price ranges. Following the sales, the foundation held 314,059 shares indirectly, while a separate entry shows Bradley L. Radoff directly holding 2,180,000 shares. The filing states that each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,000 shares ($391,994)
Net Sell
3 txns
Insider
Radoff Bradley Louis, Radoff Family Foundation
Role
null | null
Sold
35,000 shs ($392K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,941 | $10.7759 | $118K |
| Sale | Common Stock | 24,059 | $11.3926 | $274K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 314,059 shares (Indirect, By The Radoff Family Foundation);
Common Stock — 2,180,000 shares (Direct, null)
Footnotes (1)
- This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation; however, Mr. Radoff does not have any pecuniary interest in the securities owned by Radoff Foundation. Represents a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.7600 to $10.9550, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote. Represents a weighted average price. These Shares were sold in multiple transactions at prices ranging from $10.9600 to $11.9600, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 35,000 shares
Sale tranche 1: 10,941 shares at $10.7759
Sale tranche 2: 24,059 shares at $11.3926
+3 more
6 metrics
Shares sold
35,000 shares
Total KVH Industries common stock sold by Radoff Family Foundation on May 27, 2026
Sale tranche 1
10,941 shares at $10.7759
Weighted average price; trades between $10.76 and $10.955
Sale tranche 2
24,059 shares at $11.3926
Weighted average price; trades between $10.96 and $11.96
Foundation holdings after sale
314,059 shares
Indirect KVH Industries holdings by Radoff Family Foundation after transactions
Direct holdings
2,180,000 shares
KVH Industries shares held directly by Bradley L. Radoff as of May 27, 2026
Net buy/sell direction
Net-sell 35,000 shares
Form 4 transaction summary for KVH Industries common stock
Key Terms
Section 13(d) group, beneficial ownership, pecuniary interest, weighted average price, +1 more
5 terms
Section 13(d) group regulatory
"may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10%"
beneficial ownership regulatory
"disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest"
weighted average price financial
"Represents a weighted average price. These Shares were sold in multiple transactions at prices ranging"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did KVH Industries (KVHI) report for Bradley L. Radoff and the Radoff Family Foundation?
KVH Industries reported sales by the Radoff Family Foundation, not a direct sale by Bradley L. Radoff. The foundation, part of a Section 13(d) group with Radoff, sold 35,000 common shares in open-market transactions on May 27, 2026.
What are Bradley L. Radoff’s direct holdings in KVH Industries (KVHI) after the Form 4 transactions?
The filing reports Bradley L. Radoff directly holding 2,180,000 KVH Industries common shares. This direct position is separate from the Radoff Family Foundation’s indirect holdings and is listed in a holding entry dated May 27, 2026.
How were the KVH Industries (KVHI) sale prices determined in the Radoff Family Foundation transactions?
The sale prices are reported as weighted averages for multiple trades. One transaction’s shares sold between $10.76 and $10.955, averaging $10.7759, and the other between $10.96 and $11.96, averaging $11.3926, with details available upon request.