KORU Medical Systems, Inc.·4

Mar 18, 4:42 PM ET

Tharby Linda M 4

Research Summary

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KORU Medical CEO Linda Tharby Receives 15,968 RSU Shares; 5,756 Withheld

What Happened
Linda M. Tharby, CEO of KORU Medical Systems, reported that 15,968 shares of common stock were issued to her upon vesting of restricted stock units (RSUs) on March 16, 2026. To satisfy tax withholding, 5,756 of those shares were withheld (treated as a disposition) at an implied value of $4.28 per share, equal to $24,636. The RSU issuance had no exercise price.

Key Details

  • Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely).
  • Shares issued (vested RSUs): 15,968 shares; acquisition recorded at $0 (no exercise price).
  • Shares withheld for taxes: 5,756 shares at $4.28/share = $24,636 (tax withholding).
  • Net shares received: 10,212 shares (15,968 vested − 5,756 withheld).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1 = common stock issued upon RSU vesting (1 RSU = 1 share). F2 = shares withheld to satisfy tax obligations.
  • Remarks: Filing includes standard disclaimer about beneficial ownership; Power of Attorney previously filed.

Context
This was an issuance from vested RSUs (an award/compensation event), not an open-market purchase or sale. Withholding of shares to cover taxes is a routine administrative step and does not indicate an open-market sale of stock.