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KVH Industries (KVHI) grants CEO 200,000 stock options at $6

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KVH Industries CEO Brent C. Bruun reported a grant of non-qualified employee stock options covering 200,000 shares of common stock at an exercise price of $6.00 per share. The grant was issued under KVH Industries' Amended & Restated 2016 Equity & Incentive Plan.

The options vest in four equal annual installments, with the first tranche scheduled to vest on March 5, 2027, provided he remains employed by the company at each vesting date. Following this grant, Bruun held 204,674 stock options and 171,673 shares of common stock directly.

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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)
03/05/2026
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 171,673 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 $6 03/05/2026 J(1) 200,000 03/05/2027(1) 03/05/2031 Common Stock 200,000 $6 204,674(2) D
Explanation of Responses:
1. Non-qualified stock option grant issued pursuant to the terms & conditions of the KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. Options vests in four equal annual installments, the first of which will vest on 3/5/2027, provided the executive is employed by the Company at the time of vesting.
2. Vested stock options beneficially owned.
Brent C. Bruun 03/09/2026
** 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?

KVH CEO Brent C. Bruun reported receiving a non-qualified stock option grant for 200,000 shares at $6.00 per share. The grant was made under KVH Industries' Amended & Restated 2016 Equity & Incentive Plan as part of his equity compensation.

What is the vesting schedule of Brent Bruun’s new KVH (KVHI) stock options?

The 200,000 KVH stock options vest in four equal annual installments, with the first installment vesting on March 5, 2027. Each installment requires that Brent C. Bruun remain employed by KVH Industries at the applicable vesting date.

What is the exercise price of the KVH (KVHI) stock options granted to the CEO?

The non-qualified stock options granted to KVH CEO Brent C. Bruun have an exercise price of $6.00 per share. This price is the amount he must pay per share to exercise the options and acquire KVH common stock in the future.

How many KVH (KVHI) stock options does Brent Bruun hold after this grant?

After the new grant, Brent C. Bruun beneficially owned 204,674 stock options. This total reflects options reported as directly held following the transaction, including the newly issued non-qualified stock options under the company’s 2016 equity and incentive plan.

How many KVH (KVHI) common shares does the CEO hold after the reported transactions?

Following the reported transactions, Brent C. Bruun directly held 171,673 shares of KVH Industries common stock. This figure represents his direct ownership position as reported, separate from his beneficial ownership of stock options.

Under what plan were the KVH (KVHI) CEO’s stock options granted?

The 200,000 non-qualified stock options were granted under KVH Industries' Amended & Restated 2016 Equity & Incentive Plan. This plan governs the terms and conditions of the award, including vesting, employment requirements, and other standard equity grant provisions.
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Telecom Services
Communications Services, Nec
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United States
MIDDLETOWN