Horton Capital Partners, LLC 4
4 · KORU Medical Systems, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
KORU Medical (KRMD) 10% Owner Manko Receives 3,571-Share Award
What Happened
Joseph M. Manko Jr., identified as a 10% owner of KORU Medical Systems, Inc. (KRMD), was granted 3,571 shares on June 30, 2026. The Form 4 reports the acquisition price as $0.00 (total reported value $0). This filing documents an award/grant (code A) rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form 4 filed: 2026-07-01.
- Transaction type: Grant / Award (code A).
- Shares acquired: 3,571 shares at reported price $0.00; total reported value $0.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 and F2 refer to Exhibit 99.1 to this Form 4 for explanations of notes (1) and (2).
- Remarks: Filing includes standard language that it is not an admission of beneficial ownership.
- Timeliness: Filed the day after the reported transaction date; the filing does not indicate a late report.
Context
As a 10% owner, Manko is a substantial shareholder; this grant is an award rather than a market purchase or sale. The filing does not specify whether the shares are restricted, subject to vesting, or the reason for the grant—see Exhibit 99.1 for the issuer’s explanation. Awards can be part of compensation or other arrangements and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-06-30+3,571→ 5,069,541 total(indirect: By Horton Capital Partners Fund, LP)
- 782,547
Common Stock
Footnotes (2)
- [F1]See Exhibit 99.1 to this Form 4 for explanation of note (1).
- [F2]See Exhibit 99.1 to this Form 4 for explanation of note (2).