KULR Technology Group (KULR) CTO reports RSU tax share withholding
Rhea-AI Filing Summary
KULR Technology Group Chief Technology Officer William Quinn Walker reported an administrative share withholding related to equity compensation. On January 21, 2026, 9,020 shares of common stock were withheld by the company to cover income tax and remittance obligations tied to the net settlement of previously granted restricted stock units under its equity incentive plan, and this event is explicitly noted as not representing a sale. The withholding used $4.18 per share, described as the prior closing price on the vesting date, as a reference value rather than a sale price. After this adjustment, Walker beneficially owned 175,563 shares of common stock directly, with this amount reflecting a one-for-eight reverse stock split effective June 23, 2025 and the inclusion of shares underlying earlier RSU grants that had previously been omitted.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,020 | $4.18 | $38K |
Footnotes (1)
- Represents the number of shares of Common Stock that were withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of restricted stock units ("RSUs") previously granted under the Issuer's equity incentive plan and does not represent a sale. Represents the previous closing price of the Issuer's Common Stock on the vesting date and does not represent a sale. Amount has been adjusted pursuant to a one-for-eight reverse stock split effected on June 23, 2025 and to include shares underlying previously granted restricted stock units that were previously omitted from this amount.
FAQ
What insider transaction did KULR (KULR) report for William Quinn Walker?
The filing shows that 9,020 shares of KULR common stock were withheld on January 21, 2026 to satisfy income tax and remittance obligations from the net settlement of previously granted RSUs. The company states this does not represent a sale.
What does transaction code "F" mean in the KULR Form 4 for William Quinn Walker?
Transaction code "F" indicates shares were withheld to pay taxes in connection with the vesting or settlement of equity awards. In this case, KULR withheld 9,020 shares tied to RSU settlement rather than Walker selling shares in the market.