4//SEC Filing
Pazdan Christopher 4
Accession 0001161697-25-000114
CIK 0000704440other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:34 PM ET
Size
14.8 KB
Accession
0001161697-25-000114
Insider Transaction Report
Form 4
Pazdan Christopher
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-19+36,331→ 84,474 total - Exercise/Conversion
Common Stock
2025-03-17+5,063→ 49,784 total - Tax Payment
Common Stock
2025-03-17$2.89/sh−1,641$4,738→ 48,143 total - Tax Payment
Common Stock
2025-03-19$2.83/sh−12,849$36,363→ 71,625 total - Exercise/Conversion
Restricted Stock Units
2025-03-17−5,063→ 15,192 total→ Common Stock (5,063 underlying) - Exercise/Conversion
Performance Share Unit
2025-03-19−36,331→ 0 total→ Common Stock (36,331 underlying)
Footnotes (5)
- [F1]Represents settlement of vested performance share units ("PSUs") in shares of the Issuer's common stock.
- [F2]Represents shares withheld to satisfy tax obligations upon settlement of vested PSUs.
- [F3]Restricted stock units and performance share units are paid out in shares of common stock on a one-for-one basis.
- [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.
- [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.
Documents
Issuer
KORU Medical Systems, Inc.
CIK 0000704440
Entity typeother
Related Parties
1- filerCIK 0002028813
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 4:34 PM ET
- Size
- 14.8 KB