Bradley Radoff - Aug 1, 2024 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Role
10%+ Owner
Signature
/s/Bradley L. Radoff
Stock symbol
KVHI
Transactions as of
Aug 1, 2024
Transactions value $
$1,554,160
Form type
4
Date filed
8/5/2024, 05:15 PM
Previous filing
May 31, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVHI Common Stock Purchase $1.04M +239K +13.51% $4.35 2.01M Aug 1, 2024 Direct F1, F3
transaction KVHI Common Stock Purchase $286K +63.2K +31.29% $4.53 265K Aug 2, 2024 By The Radoff Family Foundation F1, F2, F4
transaction KVHI Common Stock Purchase $227K +50.5K +2.51% $4.50 2.06M Aug 5, 2024 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is filed jointly by The Radoff Family Foundation ("Radoff Foundation") and Bradley L. Radoff (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding shares of Common Stock (the "Shares"). Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F2 Represents securities owned directly by Radoff Foundation. Mr. Radoff, as a director of Radoff Foundation, may be deemed the beneficial owner of the securities owned by Radoff Foundation.
F3 Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.2935 to $4.6100, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F4 Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.4700 to $4.5700, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F5 Represents a weighted average price. These Shares were purchased in multiple transactions at prices ranging from $4.3900 to $4.6400, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.