Tharby Linda M 4
4 · KORU Medical Systems, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
KORU Medical CEO Linda Tharby Buys 1,191 Shares
What Happened
- Linda M. Tharby, CEO of KORU Medical Systems, reported an acquisition of 1,191 shares on 2026-05-15. The filing shows an open-market or private purchase (code P) at $1,191.00 per share for a total reported value of $1,418,481. This was a purchase (acquisition) rather than a sale.
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-20 (filed after the typical 2-business-day Form 4 window).
- Price: $1,191.00 per share; Shares acquired: 1,191; Total value: $1,418,481.
- Shares owned after transaction: Not specified in this filing.
- Transaction code: P = Purchase (open market or private purchase per the form).
- Filing footnote: The filing states it should not be construed as an admission of beneficial ownership and notes a Power of Attorney has been previously filed.
Context
- Insider purchases can be of interest to investors as they represent direct acquisitions by company leadership, but the filing itself does not explain motivation. The delayed filing may trigger questions about timeliness; Form 4s are generally due within two business days of the transaction, and this report was submitted five days later.
Insider Transaction Report
Form 4
Tharby Linda M
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2026-05-15$1191.00/sh+1,191$1,418,481→ 620,622 total
Signature
/s/ Thomas Adams - Attorney-in-Fact|2026-05-20