KVH Industries (KVHI) Director David Kagan Receives 13,055 Restricted Shares

What Happened
David B. Kagan, a director of KVH Industries, received an award of 13,055 restricted shares on 2026-08-20. The shares were issued at $0.00 (no cash paid) as an equity award rather than an open-market purchase or sale.

Key Details

• Transaction date: August 20, 2026; Form 4 filed August 24, 2026 (timely — within two business days).
• Transaction type/code: Other acquisition (code J) — restricted stock grant.
• Shares received: 13,055; reported acquisition price: $0.00.
• Vesting: Four installments on 11/20/2026, 02/20/2027, 05/20/2027, and 08/20/2027, contingent on Kagan remaining a KVH board member.
• Plan: Issued under KVH’s Amended and Restated 2016 Equity & Incentive Plan (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing details.

Context
This is a standard director compensation award (restricted stock) rather than a market purchase or sale. Such grants are compensation for board service and vest over time if the director continues to serve; they do not necessarily signal personal trading sentiment.