4//SEC Filing
Tharby Linda M 4
Accession 0001161697-25-000116
CIK 0000704440other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:35 PM ET
Size
11.6 KB
Accession
0001161697-25-000116
Insider Transaction Report
Form 4
Tharby Linda M
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-03-17$2.89/sh−8,848$25,547→ 1,076,563 total - Exercise/Conversion
Common Stock
2025-03-17+15,968→ 1,085,411 total - Tax Payment
Common Stock
2025-03-19$2.83/sh−29,813$84,371→ 1,046,750 total - Exercise/Conversion
Restricted Stock Unit
2025-03-17−15,968→ 47,904 total→ Common Stock (15,968 underlying)
Footnotes (5)
- [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]Represents shares withheld to satisfy tax obligations upon vesting of previously issued restricted stock.
- [F4]Includes 200,000 in restricted stock awards that vest based on a schedule of the Company's market capitalization prior to 3/15/27; and 600,000 in restricted stock awards that vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/22 through 12/31/25.
- [F5]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.
Documents
Issuer
KORU Medical Systems, Inc.
CIK 0000704440
Entity typeother
Related Parties
1- filerCIK 0001621797
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 4:35 PM ET
- Size
- 11.6 KB