Schiller Eric 4
Research Summary
AI-generated summary
KORU Medical (KRMD) CTO Eric Schiller Buys 5,000 Shares
What Happened
- Eric Schiller, Chief Technology Officer of KORU Medical Systems (KRMD), purchased 5,000 shares on May 18, 2026 at $3.91 per share, for a total cost of approximately $19,563. The transaction is reported as a purchase (code P), described as an open-market or private purchase.
Key Details
- Transaction date: 2026-05-18
- Filing date: 2026-05-20 (filed two days after the transaction; appears timely)
- Shares purchased: 5,000 at $3.91 each — total ~$19,563
- Transaction code: P = Purchase (open-market or private purchase)
- Shares owned after the transaction: Not disclosed in the filing
- Notable footnote: Filing includes a standard disclaimer that it should not be construed as an admission of beneficial ownership; a Power of Attorney was previously filed. No 10b5‑1 plan or tax-withholding note is disclosed.
Context
- Insider purchases are often watched by retail investors as one data point on management’s view of the company, but this is a relatively modest purchase in dollar terms. Consider this trade alongside other insider activity and KORU Medical’s financials and news before drawing conclusions.