BRUUN BRENT C 4

What Happened Brent C. Bruun, CEO and Director of KVH Industries (KVHI), reported an open-market sale of 3,537 shares on 2026-02-18 at $6.38 per share, totaling roughly $22,559. The filing indicates this sale was to pay taxes owed on a restricted stock grant that partially vested on February 16, 2026, so this is a tax-withholding sale rather than a directional investment trade.

Key Details

• Transaction date: 2026-02-18; Filing date: 2026-02-19 (filed next day, not late)
• Transaction type/code: Open-market sale (S)
• Price per share: $6.38; Total proceeds: ~$22,559
• Reason (footnote F1): Shares sold to pay taxes on a restricted stock grant that partially vested 2026-02-16
• Footnote F2: Not applicable
• Shares owned after transaction: Not specified in this filing

Context Tax-withholding sales following restricted stock vesting are routine and do not necessarily indicate management selling for other reasons. Retail investors should view this as a compensatory tax-related disposition rather than a clear signal about company outlook.