KORU Medical Systems, Inc.·4

Apr 1, 4:48 PM ET

FLETCHER R JOHN 4

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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.