Form 4: KULR General Counsel's RSU Tax Withholding
Insider Transaction Report
KULR Technology Group's General Counsel, Jay K. Yamamoto, reported a disposition of 9,493 shares for tax withholding related to RSU settlement.
Summary
- Jay K. Yamamoto, General Counsel & Secretary of KULR Technology Group, Inc., reported a transaction on December 6, 2025.
- The transaction involved the disposition of 9,493 shares of Common Stock.
- These shares were withheld by KULR Technology Group, Inc. to satisfy income tax withholding and remittance obligations associated with the net settlement of previously granted restricted stock units (RSUs).
- This disposition does not represent a sale by Mr. Yamamoto.
- The price per share for the withholding was $3.93, representing the closing price on the vesting date.
- Following this transaction, Mr. Yamamoto directly beneficially owns 13,945 shares of Common Stock.
- This beneficial ownership does not include 164,062 shares underlying remaining RSUs not expected to settle or vest within 60 days.
- It also excludes 6,582 shares indirectly owned by his spouse and through his spouse's IRA, over which he has no direct voting or dispositive control.
- All share information reflects an 8-to-1 reverse stock split effective June 23, 2025.
Sentiment
Score: 5
Explanation: The filing reports a routine transaction for tax withholding related to RSU vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing (Form 4) detailing RSU vesting and tax withholding for an executive at KULR Technology Group. It does not provide broader industry context or trends.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine tax-related transaction for an executive's compensation.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 2025-06-23 | Effective date of the 8-to-1 reverse stock split. |
| 2025-12-06 | Date of transaction for RSU net settlement and tax withholding. |
| 2025-12-09 | Date the Form 4 was signed by Jay K. Yamamoto. |
Keywords
KULR Technology Group, KULR, Form 4, Insider Transaction, Jay Koichi Yamamoto, Restricted Stock Units, RSU, Tax Withholding, Beneficial Ownership, Reverse Stock Split
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.