Canter Shawn 4

What Happened
Shawn Canter, Chief Financial Officer of KULR Technology Group, had 19,369 shares withheld in connection with the net settlement of vested restricted stock units (RSUs). The Form 4 shows these shares at $2.17 each, representing about $42,031. Although the Form 4 reports the shares as "disposed," the company notes this was a tax withholding to satisfy income tax obligations and not an open‑market sale.

Key Details

• Transaction date: 2026-04-15; reported on Form 4 filed 2026-04-17 (appears filed within the normal 2‑business‑day window).
• Reported price: $2.17 per share; total value shown ≈ $42,031.
• Shares involved: 19,369 shares were withheld.
• Shares owned after transaction: Not specified in the supplied excerpt—see the full Form 4 for post‑transaction holdings.
• Footnotes: F1 clarifies shares were withheld to satisfy tax withholding on net‑settled RSUs and do not represent a sale; F2 notes the $2.17 figure is the prior closing price on the vesting date and also does not represent a sale.
• Transaction code: F (payment of exercise price or tax liability / tax withholding).

Context
Net settlement (share withholding) is a routine administrative step when RSUs vest: the issuer withholds a portion of vested shares to cover tax withholding rather than selling shares in the open market. This type of entry reflects tax payment mechanics and should not be interpreted as a deliberate insider sale signaling sentiment.