BRUUN BRENT C 4
4 · KVH INDUSTRIES INC \DE\ · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
KVH Industries CEO Brent C. Bruun Sells 2,049 Shares
What Happened
Brent C. Bruun, CEO and Director of KVH Industries (KVHI), sold 2,049 shares on March 10, 2026 at $6.64 per share, generating $13,599 in proceeds. The transaction is a sale (code S) and is described in the filing as an open-market or private sale. Sales to cover tax obligations are typically routine rather than a directional bet on the stock.
Key Details
- Transaction date: 2026-03-10; Price: $6.64 per share; Total proceeds: $13,599.
- Report filed: 2026-03-12 (covers the March 10 transaction).
- Shares owned after transaction: not disclosed in the filing.
- Footnote F1: Shares were sold to pay taxes owed on a restricted stock grant that partially vested on March 7, 2026 (tax-withholding sale).
- Footnote F2: Not applicable.
- Filing timeliness: no late-filing indication in the record provided.
Context
This sale was executed to satisfy tax withholding on partially vested restricted stock (vesting date March 7, 2026). Such tax-withholding sales are common and generally viewed as administrative rather than a signal about the insider’s view of the company’s prospects.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-10$6.64/sh−2,049$13,599→ 169,624 total
- 204,674
Employee Stock Options-Right to Buy
[F2]→ Common Stock
Footnotes (2)
- [F1]Shares sold to pay the taxes owed on a restricted stock grant that partially vested on March 7, 2026.
- [F2]Not applicable