STOCK TITAN

KVH Industries (KVHI) CEO sells shares to cover taxes on restricted stock

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 2,230 shares of common stock at $7.598 per share. According to the filing, the shares were sold to pay taxes owed on a restricted stock grant that partially vested on June 8, 2026.

Following this tax-related sale, Bruun directly holds 167,394 shares of KVH Industries common stock. The transaction reflects a relatively small portion of his reported direct holdings and appears linked to equity compensation rather than a change in his overall ownership posture.

Positive

  • None.

Negative

  • None.
Insider BRUUN BRENT C
Role CEO
Sold 2,230 shs ($17K)
Type Security Shares Price Value
Sale Common Stock 2,230 $7.598 $17K
holding Employee Stock Options-Right to Buy -- -- --
Holdings After Transaction: Common Stock — 167,394 shares (Direct, null); Employee Stock Options-Right to Buy — 0 shares (Direct, null)
Footnotes (1)
  1. Shares sold to pay the taxes owed on a restricted stock grant that partially vested on June 8, 2026 Not applicable
Shares sold 2,230 shares Common stock sold on June 10, 2026
Sale price $7.598 per share Price for KVH Industries common stock in reported sale
Shares held after transaction 167,394 shares Direct holdings of CEO Brent C. Bruun after sale
Transaction type Open-market sale Code S, sale in open market or private transaction
Reason for sale Tax payment on restricted stock Shares sold to pay taxes on June 8, 2026 vesting
open-market sale financial
"Sale in open market or private transaction"
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.
restricted stock grant financial
"taxes owed on a restricted stock grant that partially vested"
A restricted stock grant is an award of company shares given to an employee or executive that cannot be sold or transferred until certain conditions are met, such as staying with the company for a set time or hitting performance goals. For investors, it signals how the company ties pay to future performance and can affect the number of shares outstanding and management’s incentives—think of it as a wrapped gift you only keep once you meet the requirements.
Form 4 regulatory
"reported an open-market sale of 2,230 shares of common stock at"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Employee Stock Options-Right to Buy financial
"Employee Stock Options-Right to Buy"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
500 WOOD STREET
UNIT 320 1ST FLOOR

(Street)
BRISTOL RHODE ISLAND 02809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
KVH INDUSTRIES INC \DE\ [ KVHI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock(1)06/10/2026S(1)2,230D$7.598167,394D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Options-Right to Buy(2) (2) (2)Common Stock(2)182,772D
Explanation of Responses:
1. Shares sold to pay the taxes owed on a restricted stock grant that partially vested on June 8, 2026
2. Not applicable
Brent C. Bruun06/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did KVH Industries (KVHI) report for its CEO?

KVH Industries reported that CEO Brent C. Bruun sold 2,230 common shares. The sale was an open-market transaction disclosed on Form 4 and was carried out specifically to pay taxes on a restricted stock grant that partially vested on June 8, 2026.

At what price did the KVH Industries (KVHI) CEO sell shares?

The CEO sold 2,230 KVH Industries common shares at an average price of $7.598 per share. This price comes directly from the Form 4 filing and applies to the tax-related sale disclosed for June 10, 2026.

How many KVH Industries (KVHI) shares does the CEO hold after the sale?

After the reported transaction, CEO Brent C. Bruun directly holds 167,394 KVH Industries common shares. This remaining position, disclosed in the Form 4, shows that the tax-motivated sale affected only a small fraction of his reported direct holdings.

Why did the KVH Industries (KVHI) CEO sell shares on June 10, 2026?

The filing states the shares were sold to pay taxes owed on a restricted stock grant that partially vested on June 8, 2026. This indicates the transaction was tied to equity compensation tax obligations rather than a standalone discretionary share sale.

Was the KVH Industries (KVHI) CEO’s transaction an open-market sale?

Yes, the Form 4 identifies the transaction with code “S,” described as a sale in the open market or a private transaction. The footnote clarifies that, while a sale, it was undertaken specifically to cover tax liabilities from a restricted stock vesting event.