Canter Shawn 4

What Happened Shawn Canter, Chief Financial Officer of KULR Technology Group (KULR), had 16,170 shares withheld in connection with the net settlement of previously granted restricted stock units (RSUs) on 2026-01-21. The withholding was recorded at $4.18 per share, totaling approximately $67,591. This filing reflects tax withholding/net settlement of RSUs and does not represent an open-market sale.

Key Details

• Transaction date and price: 2026-01-21 at $4.18 per share (total value ≈ $67,591).
• Report filed: Form 4 filed 2026-01-23 reporting the Jan 21 transaction.
• Shares owned after transaction: Not specified in the provided extract.
• Footnotes of note:
  • F1: Shares were withheld by the issuer to satisfy income tax withholding for RSU net settlement and do not represent a sale.
  • F2: Price shown reflects prior closing price on vesting date and is not a sale price.
  • F3: Amounts adjusted for a 1-for-8 reverse stock split (June 23, 2025) and to include previously omitted RSU shares.
• Transaction code: F (tax withholding / net share settlement).

Context Net settlement withholding of RSUs is a routine administrative action to cover tax obligations when restricted shares vest; it should not be interpreted as a directional insider trade signal. The Form 4 shows disposition of shares for tax purposes only, not an open-market disposal or purchase.