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KVH Industries (KVHI) CEO sells 2,049 shares to cover restricted stock taxes

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

Rhea-AI Filing Summary

KVH Industries CEO Brent C. Bruun reported an open-market sale of 2,049 shares of Common Stock on March 10, 2026 at an average price of $6.637 per share. According to the footnote, these shares were sold to pay taxes owed on a restricted stock grant that partially vested on March 7, 2026.

After this tax-related sale, Bruun directly holds 169,624 shares of KVH Industries common stock, indicating he retained the vast majority of his position. The filing also shows no remaining employee stock options, with the related option position reported at zero following this date.

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*
BRUUN BRENT C

(Last) (First) (Middle)
75 ENTERPRISE CENTER

(Street)
MIDDLETOWN RI 02842

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KVH INDUSTRIES INC \DE\ [ KVHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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(1) 03/10/2026 S(1) 2,049 D $6.637 169,624 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
Employee Stock Options-Right to Buy (2) (2) (2) Common Stock (2) 204,674 D
Explanation of Responses:
1. Shares sold to pay the taxes owed on a restricted stock grant that partially vested on March 7, 2026.
2. Not applicable
Brent C. Bruun 03/12/2026
** 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 KVH (KVHI) CEO Brent C. Bruun report?

Brent C. Bruun reported selling 2,049 shares of KVH common stock in an open-market transaction on March 10, 2026 at $6.637 per share. The filing notes this sale was made to cover taxes on a partially vested restricted stock grant.

How many KVH (KVHI) shares does the CEO hold after this Form 4?

After the March 10, 2026 transaction, Brent C. Bruun directly holds 169,624 shares of KVH Industries common stock. This indicates the 2,049 shares sold for tax purposes represent a small portion of his overall reported holdings.

Was the KVH (KVHI) CEO’s stock sale related to compensation or discretionary selling?

The sale was compensation-related. A footnote explains that the 2,049 shares were sold to pay taxes owed on a restricted stock grant that partially vested on March 7, 2026, rather than reflecting a purely discretionary portfolio decision.

At what price did the KVH (KVHI) CEO sell his shares on March 10, 2026?

Brent C. Bruun sold 2,049 shares of KVH Industries common stock at an average price of $6.637 per share. This open-market sale was disclosed as being undertaken to satisfy tax obligations from a recent restricted stock vesting event.

Does the KVH (KVHI) CEO still hold employee stock options after this filing?

The filing shows no remaining employee stock options for Brent C. Bruun after the reported date. The derivative section lists his Employee Stock Options – Right to Buy with underlying common shares at zero, indicating no outstanding option position is reported.
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