KVH (KVHI) Director Stephen Deckoff Receives Restricted Stock Award

What Happened Stephen H. Deckoff, a KVH Industries director and a 10% owner (and Managing Principal of Black Diamond), was granted 9,506 restricted shares of KVH common stock on 2026-08-20. The shares were issued as a board continuation award under KVH's 2016 Amended and Restated Equity & Incentive Plan and were reported at $0.00 per share (no cash paid).

Key Details

• Transaction date: 2026-08-20; Form 4 filed: 2026-08-24 (timely).
• Transaction type/code: Award/Grant (A); 9,506 restricted shares @ $0.00.
• Vesting schedule: four installments on 11/20/2026, 2/20/2027, 5/20/2027, and 8/20/2027, contingent on Mr. Deckoff remaining a board member on each date (F1).
• Record/beneficial holding: Shares are held of record by Mr. Deckoff for the benefit of Black Diamond and/or Black Diamond-managed vehicles and will be transferred to those entities upon vesting (F2, F3).
• Beneficial ownership disclaimer: Reporting persons disclaim beneficial ownership except for pecuniary interest (F4).
• Shares owned after transaction: total beneficial ownership after this grant is not specified in the filing.
• Adjustment note: prior transfers were reported (10,228 shares transferred to Black Diamond upon earlier vesting; see F5).

Context This is a restricted stock award tied to board service rather than an open-market purchase or sale. Because the shares are subject to time- and service-based vesting and are held for the benefit of Black Diamond vehicles, this filing mainly documents compensation/administrative arrangements rather than an outright investment decision by Mr. Deckoff. Retail investors should view such awards as routine director compensation and note the transfer/beneficial ownership mechanics described in the footnotes.