KULR CTO William Quinn Withholds 2,663 Shares for Taxes

What Happened

• William Quinn, Chief Technology Officer of KULR Technology Group, had 2,663 shares of common stock withheld on 2026-08-04 to satisfy tax withholding in connection with the net settlement of vested restricted stock units (RSUs). The withholding was recorded at $3.22 per share for a total value of approximately $8,575. This was an administrative tax-withholding action (not an open-market sale).

Key Details

• Transaction date: 2026-08-04; Filing date (Form 4): 2026-08-06 (filed two days after the transaction; appears timely).
• Reported amount withheld: 2,663 shares at $3.22 per share; total value reported ≈ $8,575.
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 confirms the shares were withheld to satisfy income tax obligations related to RSU net settlement and do not represent a sale. F2 notes the $3.22 figure is the prior closing price on the vesting date and does not indicate a sale.
• Transaction code: F = tax withholding (administrative).

Context

• This was a withholding of shares to cover taxes on vested RSUs (a common administrative practice) rather than a liquidity-driven sale. Such withholdings generally do not indicate the insider’s view on the company’s prospects.