KOSS MICHAEL J 4

What Happened

• Michael J. Koss, a reported 10% owner of Koss Corp (KOSS), recorded an "other disposition" on 2026-02-17 involving 12,000 shares. The reported transaction price was $0.00, so there were no cash proceeds from this transfer. The filing indicates the shares were distributed to the beneficiary of a trust that benefits an adult child of the reporting person.

Key Details

• Transaction date: 2026-02-17
• Transaction type/code: Other acquisition or disposition (J)
• Shares transferred/disposed: 12,000
• Price / proceeds: $0.00 (no cash proceeds reported)
• Shares owned after transaction: Not specified in this filing
• Footnotes of note:
  • F1: Shares were distributed to a trust beneficiary (adult child); reporting person is co-trustee.
  • F2: Some shares are held through a trust for the adult child; reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
  • F3: Reporting person also holds shares as voting trustee under the Koss Family Voting Trust and disclaims beneficial ownership except to extent of pecuniary interest.
• Filing timeliness: Reported with the same Period of Report and Filing date (2026-02-17); no late filing indicated.

Context

• This was a non-sale transfer (not an open-market sale or purchase). Transfers to trust beneficiaries are often estate or family planning actions and do not necessarily reflect the insider's view of the company's stock. As a 10% owner, disclosures reflect holdings and trustee relationships rather than routine employee trades.