NYSEMKT — Technology: Manufacturing, Electronic Components: Electronic Components & Accessories
www.kulrtechnology.comKULR Technology Group, Inc. has approved the vesting of 200,000 Restricted Stock Units (RSUs) for its Vice President of Engineering on June 30, 2025. This decision is part of broader adjustments to executive compensation, aiming to align executive pay with market standards after a period of market volatility. The RSUs vest over a four-year period, which reflects the company’s acknowledgment of the leadership's contributions toward navigating challenging times. The compensation adjustments for executives, including salary increases and RSU grants, highlight the company's commitment to retaining talent and fostering long-term growth.
RSU VestingKULR Technology Group, Inc. will be added to the Russell 3000® Index, effective June 30, 2025, after the market opens, as part of the annual Russell indexes reconstitution. This inclusion in a key market index may enhance KULR's visibility among investors and could potentially lead to greater liquidity in its shares. The company specializes in advanced battery safety and thermal management solutions, making this milestone significant for its growth and investment appeal in the energy sector.
Index Reconstitution