Form 4 for KITT Nauticus Robotics, Inc.
Accepted 2025-10-31 00:00:00 ET · period of report 2025-10-28 · accession 0001083269-25-000012 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-10-31 | 2025-10-28 | KITT | TRANSOCEAN INTERNATIONAL Ltd | 10% | C - Cnv Deriv | $1.76 | +2.14M | 2.15M | +33,395% | +$3.77M |
| D | 2025-10-31 | 2025-10-28 | KITT | TRANSOCEAN INTERNATIONAL Ltd | 10% | C - Cnv Deriv | — | 0 | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value U.S. $0.0001 | 2025-10-28 | C | A | 2,144,295 | $1.76 | 2,150,716 | D | — | — | (F1) The amount reported also includes 6,421 additional shares (the "Earnout Shares") of the Issuer's common stock issuable to the Reporting Person on or before September 9, 2027, pursuant to certain earnout conditions, as described in the Merger Agreement (as defined in the Reporting Person's Form 3 filed on September 23, 2022). |
| 2 | Derivative | Convertible Senior Secured Term Loan 2023 | 2025-10-28 | C | D | — | $0.00 | 0 | D | $1.76 · 2023-09-18 to 2026-09-18 | 2,144,295 Common Stock, par value U.S. $0.0001 | (F2) The shares of the Issuer's common stock reported herein as being beneficially owned by the Reporting Person consists of the Earnout Shares and 2,144,295 shares of the Issuer's common stock acquired on October 28, 2025 by the Reporting Person in connection with the exercise of its right to convert $3,000,000 of outstanding principal amount of loans, together with accrued interest, made pursuant to that certain Senior Secured Term Loan Agreement, dated as of September 18, 2023, by and among the Issuer, the collateral agent and the other lenders party thereto (as amended, the "Convertible Note"). Loans made pursuant to the Convertible Note were convertible into shares of the Issuer's common stock at a conversion price of $1.76 per share. |