Adams Thomas Edward 4
4 · KORU Medical Systems, Inc. · Filed Mar 21, 2025
Insider Transaction Report
Form 4
Adams Thomas Edward
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-17+5,404→ 5,404 total - Exercise/Conversion
Restricted Stock Unit
2025-03-17−5,404→ 16,212 total→ Common Stock (5,404 underlying) - Tax Payment
Common Stock
2025-03-17$2.89/sh−1,988$5,739→ 3,416 total
Footnotes (4)
- [F1]Represents common stock issued upon vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting.
- [F2]Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units.
- [F3]Each unit represents a right to receive one share of common stock underlying the vested award on the applicable vesting date.
- [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.