RCB EQUITIES 1, LLC bought KITT
June 1, 2026 · Form 4 insider transaction
RCB EQUITIES 1, LLC bought 555,556 shares of Nauticus Robotics, Inc. at $1.80 per share, a transaction worth $1.00M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 43 days after the transaction.
Footnotes
On June 1, 2026, RCB Equities #1, LLC converted $1,000,000 of the outstanding principal under the Senior Secured Term Loan Agreement dated September 18, 2023 (as amended by the Third Amendment dated June 1, 2026) into 555,556 shares of Common Stock at a conversion price of $1.80 per share. The conversion price of $1.80 per share was available for conversion notices delivered on or before June 15, 2026. Prior to this conversion, RCB Equities #1, LLC beneficially owned approximately 259,812 shares of Common Stock.