Christopher Pazdan - 17 Mar 2025 Form 4 Insider Report for KORU Medical Systems, Inc. (KRMD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Mar 2025, 16:34:15 UTC
Prior SEC filing
30 Sep 2024
Next SEC filing
11 Aug 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Pazdan

Key filing fact

Christopher Pazdan filed Form 4 for KORU Medical Systems, Inc. (KRMD) on 21 Mar 2025.

Key facts

  • This page summarizes Christopher Pazdan's Form 4 filing for KORU Medical Systems, Inc. (KRMD).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 21 Mar 2025, 16:34.

Change

  • Previous filing in this sequence was filed on 30 Sep 2024.
  • Current net transaction value: -$41,100.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KRMD transaction

Common Stock

Options Exercise

Transaction value
Shares
+5,063
Change %
+11%
Price
Shares after
49,784
Date
17 Mar 2025
Ownership
Direct
Footnotes
F3
KRMD transaction

Common Stock

Tax liability

Transaction value
$4,738
Shares
-1,641
Change %
-3.3%
Price
$2.89
Shares after
48,143
Date
17 Mar 2025
Ownership
Direct
KRMD transaction

Common Stock

Options Exercise

Transaction value
Shares
+36,331
Change %
+75%
Price
Shares after
84,474
Date
19 Mar 2025
Ownership
Direct
Footnotes
F1, F3
KRMD transaction

Common Stock

Tax liability

Transaction value
$36,363
Shares
-12,849
Change %
-15%
Price
$2.83
Shares after
71,625
Date
19 Mar 2025
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KRMD transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares
-5,063
Change %
-25%
Price
Shares after
15,192
Date
17 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,063
Exercise price
Footnotes
F3, F4
KRMD transaction Derivative

Performance Share Unit

Options Exercise

Transaction value
Shares
-36,331
Change %
-100%
Price
Shares after
0
Date
19 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,331
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents settlement of vested performance share units ("PSUs") in shares of the Issuer's common stock.

Footnote F2

Represents shares withheld to satisfy tax obligations upon settlement of vested PSUs.

Footnote F3

Restricted stock units and performance share units are paid out in shares of common stock on a one-for-one basis.

Footnote F4

This restricted stock unit award was granted under the Issuer's 2024 Omnibus Equity Incentive Plan. The units comprising the award vest in equal increments on March 15, 2025 and each first, second and third anniversaries thereof (each, a vesting date). Shares were withheld to satisfy applicable tax withholding obligations.

Footnote F5

These performance share units were granted on April 24, 2024. Vesting was dependent upon the achievement by Issuer of certain performance criteria as of December 31, 2024.

SEC 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.

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