Ronald Totton - 29 Apr 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
President & CEO, Director
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton
Issuer symbol
KORE
Transactions as of
29 Apr 2025
Net transactions value
-$37,174
Form type
4
Filing time
01 May 2025, 16:30:05 UTC
Previous filing
16 Aug 2024
Next filing
02 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +50,000 $0.000000 50,000 29 Apr 2025 Direct F1
transaction KORE Common Stock Tax liability $37,174 -15,050 -30% $2.47 34,950 29 Apr 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KORE Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000 0 29 Apr 2025 Common Stock 50,000 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of restricted stock units ("RSUs") on April 29, 2025.
F2 Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
F3 Each RSU represents a right to receive one share of the issuer's common stock.
F4 The reported RSUs vested in full on April 29, 2025.
F5 Effective on July 1, 2024, the Issuer effected a 1 to 5 reverse stock split of its common stock (the "Reverse Stock Split"). The number of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.