Schulte Kim M. 4

What Happened

Kim M. Schulte, Chief Financial Officer of KOSS CORP (KOSS), was granted 50,000 derivative shares (reported as an award/acquisition) on May 6, 2026. The filing reports an acquisition price of $0.00, indicating a grant of derivative securities (stock options or similar), with no immediate cash paid or shares sold.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (filed within the typical 2-business-day window).
• Transaction type/code: A = Award/Grant (derivative securities).
• Shares granted: 50,000 (reported as derivative; acquisition price $0.00).
• Vesting: See footnote F1 — these options/awards vest in five equal annual installments beginning May 6, 2027.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No exercise, sale, tax-withholding, or 10b5-1 plan reported in the provided data.

Context

This is a compensation-related grant of derivative securities (unvested awards/options) rather than an open-market purchase or sale. Such grants are common for employee compensation and retention; they do not, by themselves, indicate the insider bought or sold company stock. Retail investors should note vesting schedules and exercise terms before treating grants as a bullish signal.