{"url_path":"/sec/kulr/8-k/2026-05-21/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 ****Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1662684/0001104659-26-065138-index.html","accession_number":"0001104659-26-065138","cik":"0001662684","ticker":"KULR","issuer_name":"KULR Technology Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1662684/0001104659-26-065138-index.html","primary_entity_key":"0001662684","primary_entity_name":"KULR Technology Group, Inc."},"word_count":306,"has_tables":true,"body_markdown":"**Item 5.02****Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;\nCompensatory Arrangements of Certain Officers.**\n\n* *\n\n(b) & (e)\n\n \n\nOn May 21, 2026, KULR Technology\nCorporation, a wholly owned subsidiary of KULR Technology Group, Inc. (the “Company”), entered into a Separation Agreement\nand General Release (the “Agreement”) with Shawn Canter, pursuant to which Mr. Canter’s employment with KULR Technology\nCorporation will terminate. Accordingly, effective May 22, 2026, Mr. Canter resigned from his position as Chief Financial Officer of the\nCompany and from all other appointments and positions held with the Company and any of its affiliated entities.\n\n \n\nThe Agreement contains customary\nprotections, including a general mutual release of claims by Mr. Canter in favor of the Company and its affiliates and by the Company\nin favor of Mr. Canter. The Agreement will become effective on the eighth day following Mr. Canter’s execution (or May 29, 2026),\nprovided that he does not revoke the Agreement prior to such date.\n\n \n\nPursuant to the terms of the\nAgreement, the Company will pay Mr. Canter (i) all accrued and unpaid salary and accrued and unused paid time off through the separation\ndate, subject to legally required payroll withholdings and deductions, and (ii) reimbursement for documented business expenses incurred\nthrough the separation date. In addition, Mr. Canter has agreed to cooperate with the Company in connection with the completion of any\nHR-related exit documentation and the defense, prosecution, or investigation of any claims or matters arising during the period of his\nemployment, in exchange for which the Company will pay Mr. Canter at an hourly rate of $300.00 per hour for time spent providing such\ncooperation, plus reimbursement of reasonable out-of-pocket expenses.\n\n \n\nThe foregoing summary of the\nAgreement is qualified in its entirety by reference to the Agreement attached as Exhibit 10.1 hereto and incorporated herein by reference."}