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SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person* Yamamoto Jay Koichi (Last) (First) (Middle) C/O KULR TECHNOLOGY GROUP, INC., 555 FORGE RIVER ROAD, SUITE 100 (Street) WEBSTER TX 77598 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol KULR Technology Group, Inc. [ KULR ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) General Counsel & Secretary
	3. Date of Earliest Transaction (Month/Day/Year) 11/24/2025
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	11/24/2025(1)	11/26/2025(1)(2)	A		187,500(1)(2)(4)	A	$0	187,500(3)(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On November 24, 2025 on recommendation of the Compensation Committee of the Board of Directors ("Board") of the Company, the Board approved the issuance of 187,500 restricted stock units of common stock of the Company.

2. On November 26, 2025, the Company issued Mr. Yamamoto, 187,500 restricted stock units of common stock of the Company, under its 2025 Equity Incentive Plan. The shares will vest in eight equal semi-annual installments, with 23,438 RSUs vesting on December 6, 2025, followed by alternating installments of 23,437 RSUs and 23,438 RSUs every six months thereafter. The vesting of shares is subject to Mr. Yamamoto's continued service with the Company.

3. The number of shares of common stock beneficially owned following the reported transactions does not include Mr. Yamamoto's indirect ownership of 6,581 shares owned by his spouse and through his spouse's IRA. Mr. Yamamoto does not have direct voting or dispositive control over the shares owned by his spouse.

4. All share and share related information gives retrospective effect to the 8-to-1 reverse stock split effective on June 23, 2025.

	/s/ Jay K. Yamamoto	11/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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