Walker William Quinn 4
Research Summary
AI-generated summary
KULR CTO William Quinn Shares Withheld for Taxes (9,020)
What Happened
- William Quinn, Chief Technology Officer of KULR Technology Group, had 9,020 shares of common stock withheld on 2026-01-21 to satisfy income tax withholding in connection with the net settlement of previously granted RSUs. The filing shows a disposition value of $37,704 based on a $4.18 per-share price. This was a tax-withholding/net settlement event (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-01-21; 9,020 shares at $4.18 per share (reported disposed value $37,704).
- Shares owned after transaction: not disclosed in the provided excerpt of the filing.
- Footnotes:
- F1: Shares were withheld by the issuer to satisfy income tax withholding for net-settled RSUs and do not represent a sale.
- F2: $4.18 reflects the previous closing price on the vesting date and is not a sale price.
- F3: Share amounts adjusted for a 1-for-8 reverse stock split (effective June 23, 2025) and to include previously omitted RSU shares.
- Filing: Reported on 2026-01-23 for a 2026-01-21 transaction — appears to be filed within the typical 2-business-day Form 4 window.
Context
- This was a routine tax-withholding/net settlement of restricted stock units, a common administrative transaction when RSUs vest. It does not signal a deliberate insider sale into the market and therefore is generally less informative about the insider’s view of the company’s prospects than an open-market purchase or voluntary sale.