Form 4: KULR CEO Michael Mo Reports RSU Tax Withholding

KULR Technology Group's CEO and Chairman, Michael Mo, reported the withholding of shares to cover tax obligations related to the net settlement of restricted stock units.

Summary

• Michael Mo, CEO and Chairman of the Board of KULR Technology Group, Inc., filed a Form 4 reporting changes in beneficial ownership.
• On January 21, 2026, 31,557 shares of Common Stock were withheld by the Issuer at a price of $2.96 per share to satisfy income tax withholding obligations.
• Also on January 21, 2026, an additional 20,156 shares of Common Stock were withheld by the Issuer at a price of $4.18 per share for similar tax obligations.
• These withholdings were in connection with the net settlement of previously granted restricted stock units (RSUs) under the Issuer's equity incentive plan and do not represent a sale.
• Following these reported transactions, Michael Mo beneficially owns 3,054,399 shares of Common Stock directly.
• The reported amount of beneficially owned shares has been adjusted to reflect a one-for-eight reverse stock split effected on June 23, 2025, and includes shares underlying previously granted restricted stock units that were previously omitted.

Sentiment

Score: 5

Explanation: The filing reports a routine tax withholding event related to RSU settlement, which is a standard practice for executive compensation and is generally neutral in sentiment.

Positives

• The underlying grant and settlement of Restricted Stock Units (RSUs) indicate a form of equity compensation for the CEO, aligning management's interests with shareholder value.

Future Outlook

This filing is a factual report of past insider transactions and does not contain forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide specific insights into broader industry trends or competitive landscape. It reflects standard executive compensation practices involving equity awards.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding executive equity holdings and compensation practices, which is generally positive for corporate governance.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

KULR Technology Group, KULR, Michael Mo, Form 4, SEC filing, insider transaction, restricted stock units, RSU, tax withholding, beneficial ownership, corporate governance