KULR CFO Michael Kimel Receives 200,000 RSUs

What Happened Michael Philip Kimel, Chief Financial Officer of KULR Technology Group, was granted 200,000 restricted stock units (RSUs) on September 10, 2026. The award is reported as 200,000 shares acquired at $0.00 (total reported value $0 on the Form 4), representing a contingent right to receive one share of common stock per RSU upon vesting. This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-11 (timely filing).
• Transaction type/code: Award/Grant (A).
• Amount: 200,000 RSUs; reported price $0.00 (no cash paid).
• Vesting: Eight equal semi-annual installments over four years; first vesting on Dec 6, 2026, then every six months thereafter (per footnote F1). Vesting is subject to continued service with the company.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 confirms each RSU converts to one share upon vesting and describes the vesting schedule.

Context RSUs are a compensation grant that convert to actual shares only as they vest; they do not provide immediate tradable shares or indicate a market purchase. Such awards are common for aligning executive incentives with shareholder value and do not, by themselves, signal insider buying or selling.