Miller Kenneth E 4
4 · KORU Medical Systems, Inc. · Filed Mar 21, 2025
Insider Transaction Report
Form 4
Miller Kenneth E
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-17+5,893→ 5,893 total - Tax Payment
Common Stock
2025-03-17$2.89/sh−2,168$6,259→ 3,725 total - Exercise/Conversion
Restricted Stock Unit
2025-03-17−5,893→ 17,679 total→ Common Stock (5,893 underlying)
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.