KULR Director Frank B. Andrew Receives 20,000 RSU Award

What Happened
Frank Benjamin Andrew, a director of KULR Technology Group, was granted 20,000 restricted stock units (RSUs) as board compensation on 2026-09-10. The award has an acquisition price of $0.00 (no cash paid) and represents a contingent right to receive one share of KULR common stock per RSU upon vesting.

Key Details

• Transaction date: 2026-09-10; filing date (Form 4): 2026-09-11.
• Transaction type/code: Award/Grant (A). Shares acquired: 20,000 RSUs at $0.00 (total cash value on grant = $0).
• Vesting schedule: 10,000 RSUs vest on December 6, 2026; 10,000 RSUs vest on September 10, 2027. Vesting is subject to the reporting person's continued service with the issuer.
• Footnote: Award granted under the Issuer's 2025 Equity Incentive Plan; each RSU converts to one share upon vesting.
• Shares owned after transaction: not disclosed in the filing.
• Timeliness: Filing was submitted the day after the grant, consistent with timely reporting.

Context
RSU awards are a form of compensation that only become actual shares if and when they vest; they do not require an immediate cash outlay and do not represent an open-market purchase or sale. Such grants are common for board compensation and are informational for shareholders but do not by themselves indicate insider buying or selling sentiment.