KULR Technology Group, Inc. announced that Shawn Canter has resigned from his position as Chief Financial Officer, effective May 22, 2026. The company and Mr. Canter entered into a Separation Agreement and General Release on May 21, 2026, to facilitate the transition.

Key Details

  • Executive Change: Shawn Canter's employment and his role as Chief Financial Officer will terminate effective May 22, 2026.
  • Separation Agreement: The agreement includes a general mutual release of claims between Mr. Canter and KULR. The agreement becomes effective on May 29, 2026, if not revoked.
  • Compensation Terms: Mr. Canter will receive all accrued salary and unused paid time off. He has also agreed to provide cooperation on certain matters post-employment at a rate of $300 per hour, plus reimbursement of expenses.