Nauticus Robotics (KITT) Director Jim Bellingham Receives RSU Award

What Happened

• Jim Bellingham, a member of Nauticus Robotics’ board of directors, received an award of 48,241 restricted stock units (RSUs) on July 23, 2026. The RSUs were granted as a derivative award (reported as $0 paid) and represent a contingent right to receive one share of common stock per RSU upon vesting. This was an award/grant transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-23; filing date: 2026-07-28.
• Amount: 48,241 RSUs; reported acquisition price: $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Vesting / footnotes:
  • F1: Each RSU represents a contingent right to one share; vesting generally requires continued service as an employee or director.
  • F2: Vesting is stated to occur on the earlier of (i) May 27, 2026 or (ii) the date immediately preceding the Company’s 2027 annual meeting of stockholders (see filing for detail).
• Timeliness: The filing was submitted five days after the reported transaction; this is outside the typical two-business-day SEC Form 4 reporting window—review the full filing for any timeliness explanation.

Context

• RSUs are derivative awards that only convert into actual shares if and when they vest; they do not represent immediate market purchases or insider selling. Awards to directors are common as compensation and do not, by themselves, indicate a buying/selling signal. For full context on immediate ownership impact or any subsequent sales, consult the complete Form 4 and related filings.