Paul Holtz - 22 May 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Exec. Vice Pres., CFO & Treas.
Signature
Paul Holtz
Issuer symbol
KORE
Transactions as of
22 May 2025
Net transactions value
-$9,891
Form type
4
Filing time
28 May 2025, 16:46:29 UTC
Previous filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Holtz Paul Exec. Vice Pres., CFO & Treas. 3 RAVINIA DRIVE NE, SUITE 500, ATLANTA Paul Holtz 28 May 2025 0001896179

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +8,000 +32% $0.000000 33,380 22 May 2025 Direct F1
transaction KORE Common Stock Tax liability $9,891 -4,282 -13% $2.31 29,098 22 May 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 -8,000 -33% $0.000000 16,000 22 May 2025 Common Stock 8,000 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 of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
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 remaining RSUs will vest in two equal installments on each of May 22, 2026 and May 22, 2027.
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 amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.