Linda M. Tharby - 21 Apr 2025 Form 4 Insider Report for KORU Medical Systems, Inc. (KRMD)

Role
Chief Executive Officer, Director
Signature
/s/ Linda Tharby
Issuer symbol
KRMD
Transactions as of
21 Apr 2025
Net transactions value
-$51,891
Form type
4
Filing time
23 Apr 2025, 16:12:10 UTC
Previous filing
21 Mar 2025
Next filing
11 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRMD Common Stock Tax liability $51,891 -23,587 -2.3% $2.20 1,023,163 21 Apr 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax obligations upon vesting of previously issued restricted stock.
F2 Includes 200,000 in restricted stock awards that vest based on a schedule of the Company's market capitalization prior to 3/15/27; Includes 600,000 in restricted stock awards that vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/22 through 12/31/25.

Remarks:

The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.