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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form
CURRENT REPORT
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| Item 2.01 | Completion of Acquisition or Disposition of Assets |
During the period from August 20, 2026 through September 11, 2026, KULR Technology Group, Inc. (“KULR” or the “Company”) sold an aggregate of approximately 764 bitcoin (“BTC”) through a series of open market transactions to unrelated purchasers at a weighted average sales price of approximately $76,633 per BTC, resulting in aggregate gross proceeds of approximately $58.6 million (collectively, the “Bitcoin Sales”). The Bitcoin Sales were completed on September 11, 2026 and were effected as part of the Company’s ongoing treasury management operations. The Bitcoin Sales represented all of the Company’s remaining BTC holdings, and as of the date of this report, the Company no longer holds BTC.
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e)
On September 4, 2026, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of the Company approved a grant of 200,000 time-based restricted stock units (“RSUs”) to Michael Kimel, the Company’s Chief Financial Officer, under the KULR Technology Group, Inc. 2025 Equity Incentive Plan (the “Plan”), with an effective date of September 10, 2026. Each RSU represents a contingent right to receive one share of the Company’s common stock upon vesting. The RSUs will vest in eight equal semi-annual installments, with the first installment vesting on December 6, 2026 and the remaining installments vesting every six months thereafter, for a total vesting period of four years, subject to Mr. Kimel’s continued service to the Company through each applicable vesting date.
The RSUs are subject to the terms and conditions of the Plan and the Company’s form of restricted stock unit award agreement. The foregoing description of the RSUs is qualified in its entirety by reference to the Plan and such form of award agreement, copies of which have been previously filed by the Company with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized.
| KULR TECHNOLOGY GROUP, INC. | ||
| Date: September 11, 2026 | By: | /s/ Michael Mo |
| Michael Mo | ||
| Chief Executive Officer | ||