KULR (KULR) CFO reports 16,170-share RSU tax withholding, holds 346,347
Rhea-AI Filing Summary
KULR Technology Group’s Chief Financial Officer and director Shawn Canter reported an automatic share withholding related to equity compensation. On January 21, 2026, the company withheld 16,170 shares of Common Stock to cover income tax obligations tied to the net settlement of previously granted restricted stock units, at a reference price of $4.18 per share. The filing states this does not represent a sale in the market. After this tax withholding, Canter beneficially owned 346,347 shares of Common Stock directly, an amount that reflects a one-for-eight reverse stock split effective June 23, 2025 and the inclusion of shares underlying earlier RSU grants that were previously omitted.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 16,170 | $4.18 | $68K |
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 Shawn Canter?
The filing shows that 16,170 KULR common shares were withheld from Shawn Canter on January 21, 2026 to satisfy income tax obligations on vested RSUs. The transaction is coded F, indicating a tax withholding event rather than an open market trade.
What is the role of Shawn Canter at KULR Technology Group (KULR)?
Shawn Canter is identified as both a director and an officer of KULR Technology Group, serving as the company’s Chief Financial Officer. The reported holdings and transaction in the Form 4 relate to his position as a reporting insider.