FLETCHER R JOHN 4
4 · KORU Medical Systems, Inc. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
KORU Medical (KRMD) Chairman Fletcher Receives 5,208-Share Award
What Happened
- John R. Fletcher (Director and Chairman of the Board) received an award/acquisition of 5,208 shares of KORU Medical Systems, Inc. (KRMD) on 2026-04-01.
- The shares were valued at $4.32 each, for a total reported value of $22,499. The transaction is coded as an award/grant (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Price per share: $4.32; Total value: $22,499.
- Shares owned after the transaction: Not specified in this Form 4.
- Filing/footnotes: The filing includes a standard disclaimer that it should not be construed as an admission of beneficial ownership or filing obligation; a Power of Attorney has been previously filed.
- Timeliness: Report filed on 2026-04-01 (same day as the reported transaction); no late filing indicated.
Context
- An "A" code indicates an award or grant — typically a compensation or board grant that results in acquisition of shares rather than an open-market buy. Such awards reflect compensation arrangements rather than a market purchase decision.
- The award value ($22.5k) is modest in dollar terms; it should be viewed as routine insider compensation unless other filings provide additional context.
Insider Transaction Report
Form 4
FLETCHER R JOHN
DirectorOther
Transactions
- Award
Common Stock
2026-04-01$4.32/sh+5,208$22,499→ 226,800 total
Signature
/s/ Thomas Adams - Attorney-in-Fact|2026-04-01