Stephen H. Deckoff - 28 Nov 2025 Form 4 Insider Report for KVH INDUSTRIES INC \DE\ (KVHI)

Signature
/s/ Stephen H. Deckoff
Issuer symbol
KVHI
Transactions as of
28 Nov 2025
Transactions value $
$168,902
Form type
4
Filing time
02 Dec 2025, 18:55:48 UTC
Previous filing
25 Aug 2025

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Deckoff Stephen H Director, 10%+ Owner 5330 YACHT HAVEN GRANDE, SUITE 100, BOX 35, ST. THOMAS, VIRGIN ISLANDS, U.S. /s/ Stephen H. Deckoff 02 Dec 2025 0001486844
Black Diamond Capital Management I, LLLP 10%+ Owner 5330 YACHT HAVEN GRANDE, SUITE 100, BOX 35, ST. THOMAS, VIRGIN ISLANDS, U.S. Black Diamond Capital Management I, LLLP, By: /s/ Stephen H. Deckoff, Managing Principal 02 Dec 2025 0002084285

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KVHI Common Stock Purchase $70.1K +11.7K +0.34% $5.99 3.41M 28 Nov 2025 See footnotes (3) & (4) F1, F2, F3, F4
transaction KVHI Common Stock Purchase $20.1K +3.35K +0.1% $6.00 3.41M 01 Dec 2025 See footnotes (3) & (4) F3, F4, F5
transaction KVHI Common Stock Purchase $78.8K +13K +0.38% $6.06 3.43M 02 Dec 2025 See footnotes (3) & (4) F3, F4, F6
holding KVHI Common Stock 10.2K 28 Nov 2025 Direct F2, F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a weighted average price. The Shares (as defined herein) were purchased in multiple transactions at prices ranging from $5.985 to $5.99, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F2 Reported amounts have been adjusted to reflect the transfer of 3,409 Shares from Mr. Deckoff to Black Diamond (as defined herein) and the Black Diamond vehicles (as defined herein) on November 21, 2025, upon the vesting and settlement of restricted stock previously granted to Mr. Deckoff, which transfer was exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by virtue of Rule 16a-13 thereunder.
F3 These shares of Common Stock ("Shares") are held directly by certain investment vehicles (the "Black Diamond vehicles") managed by Black Diamond Capital Management I, LLLP ("Black Diamond"). Mr. Deckoff is the Managing Principal of Black Diamond. Effective August 22, 2025, Black Diamond replaced BDCM CT, L.L.C. (f/k/a Black Diamond Capital Management, L.L.C.) as the primary registered investment adviser that exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Accordingly, Black Diamond is replacing BDCM CT, L.L.C. as a Reporting Person on this Form 4.
F4 Each of the Reporting Persons disclaims beneficial ownership over the Shares, except to the extent of its or his pecuniary interest therein, and this statement shall not be construed as an admission that such Reporting Person is the beneficial owner of any Shares for purposes of Section 16 of the Exchange Act or for any other purpose.
F5 Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $5.995 to $6.00, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F6 Represents a weighted average price. The Shares were purchased in multiple transactions at prices ranging from $5.895 to $6.10, inclusive. The Reporting Persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote.
F7 These shares of restricted stock are held of record by Mr. Deckoff for the benefit of Black Diamond and/or the Black Diamond vehicles and will be transferred to Black Diamond or the Black Diamond vehicles upon vesting and settlement.