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

Reporting relationship: Exec. Vice Pres., CFO & Treas.
Issuer ticker: KORE
Reported as of: 22 May 2025
Net transaction value: -$9,891
SEC form: 4
Accepted by SEC: 28 May 2025, 16:46:29 UTC
Prior SEC filing: 28 May 2025
Source filing: View source filing
Reporting owner signature: Paul Holtz

Key filing fact

Paul Holtz filed Form 4 for KORE Group Holdings, Inc. (KORE) on 28 May 2025.

Key facts

This page summarizes Paul Holtz's Form 4 filing for KORE Group Holdings, Inc. (KORE).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 28 May 2025, 16:46.

Change

Previous filing in this sequence was filed on 28 May 2025.
Current net transaction value: -$9,891.

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

Reporting Owners (1)

CIK 0001896179 Primary reporting owner

Holtz Paul

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

Reported non-derivative transactions

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

KORE transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +8,000
Change %: +32%
Price: $0.000000
Shares after: 33,380
Date: 22 May 2025
Ownership: Direct
Footnotes: F1

KORE transaction

Common Stock

Tax liability

Transaction value: $9,891
Shares: -4,282
Change %: -13%
Price: $2.31
Shares after: 29,098
Date: 22 May 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

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

KORE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -8,000
Change %: -33%
Price: $0.000000
Shares after: 16,000
Date: 22 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,000
Exercise price
Footnotes: F3, F4, 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

Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").

Footnote F2

Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.

Footnote F3

Each RSU represents a right to receive one share of the issuer's common stock.

Footnote F4

The remaining RSUs will vest in two equal installments on each of May 22, 2026 and May 22, 2027.

Footnote 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.