Michael Mo - 16 Jan 2025 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Jan 2025, 16:54:08 UTC
Prior SEC filing
24 May 2024
Next SEC filing
23 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Mo

Key filing fact

Michael Mo filed Form 4 for KULR Technology Group, Inc. (KULR) on 17 Jan 2025.

Key facts

  • This page summarizes Michael Mo's Form 4 filing for KULR Technology Group, Inc. (KULR).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Jan 2025, 16:54.

Change

  • Previous filing in this sequence was filed on 24 May 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KULR transaction

Common Stock

Award

Transaction value
$0
Shares
+2,000,000
Change %
+8.7%
Price
$0.000000
Shares after
24,941,340
Date
16 Jan 2025
Ownership
Direct
Footnotes
F1, F2
KULR transaction

Series A Preferred Stock

Other

Transaction value
$0
Shares
+270,000
Change %
+37%
Price
$0.000000
Shares after
1,000,000
Date
16 Jan 2025
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Effective January 16, 2025, the Board of Directors ("Board") of KULR Technology Group, Inc. (the "Company"), at the recommendation of the Compensation Committee of the Board approved a restrict stock unit grant ("RSU") to Mr. Mo in the amount of 2,000,000 shares of the Company's common stock. The 2,000,000 shares are subject to vesting in four (4) equal annual installments with the first installment vesting on January 17, 2026. The beneficial ownership set forth in Column 5 includes the 2,000,000 shares underlying the grant described above and includes 22,941,340 shares of common stock, which consists of: (i) 19,755,110 shares held directly by Mr. Mo; (ii) 1,400,000 shares held jointly by Mr. Mo and his spouse; and (iii) RSU awards for an aggregate of 1,786,230 shares of the Company's common stock even though such RSUs are not all expected to settle within 60 days of this Form 4.

Footnote F2

The beneficial ownership set forth in Column 5 includes the shares underlying all RSUs held by Mr. Mo, even though they are not all expected to settle or vest within 60 days of this Form 4.

Footnote F3

The Company issued 270,000 shares of Non-Convertible Series A Voting Preferred Stock to the Chairman and Chief Executive Officer, Michael Mo, in accordance with a resolution passed by the Company's Board of Directors and the prior approval of the majority stockholders of the Company. This issuance is part of a strategic initiative to reinforce and enhance the Company's flexibility to optimize its negotiating position in any potential current and/or future engagements with commercial, financial, and/or strategic parties, and to provide defenses against potential hostile third-party actions.

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