CASCELLA ROBERT 4

What Happened

• Robert Cascella, a director of KORU Medical Systems, Inc. (KRMD), was granted 3,472 shares on April 1, 2026. The shares were acquired at a reported per-share value of $4.32, for a total reported value of $14,999. This transaction is an award/grant (Form 4 code A), an acquisition rather than a sale.

Key Details

• Transaction date: 2026-04-01
• Transaction type/code: Award/Grant (A)
• Shares granted: 3,472 at $4.32 per share; total value reported $14,999
• Shares owned after transaction: Not specified in the filing
• Filing timeliness: Report filed same day (no late filing indicated)
• Notable footnotes: Filing includes standard disclaimer that the statement should not be construed as admission of beneficial ownership; a power of attorney has been previously filed

Context

• An "award" typically reflects a grant of restricted stock or similar equity compensation and is common for directors and executives as part of pay or incentive programs; it is an acquisition of shares, not a sale. This grant is relatively small in dollar terms (~$15k) compared with many executive awards and does not, by itself, indicate broader insider sentiment.