FLETCHER R JOHN 4
4 · KORU Medical Systems, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
KORU (KRMD) Chairman Fletcher R John Receives 5,357-Share Award
What Happened
Fletcher R John, a director and Chairman of the Board of KORU Medical Systems, received an award of 5,357 shares on July 1, 2026. The filing lists an acquisition price of $4.20 per share for a total reported value of $22,499 (code A — grant/award/other acquisition). This is an acquisition (a net increase in holdings) rather than a sale.
Key Details
- Transaction date: 2026-07-01; Price: $4.20 per share; Shares acquired: 5,357; Total reported value: $22,499.
- Transaction type: A (award/grant or other acquisition).
- Shares owned after the transaction: not specified in this Form 4 filing.
- Filing notes: includes boilerplate that the statement is not an admission of beneficial ownership; Power of Attorney previously filed.
- Timeliness: Form 4 filed the same day (2026-07-01), so no late-filing indication in this report.
Context
An "A" code indicates a grant or other acquisition of shares (commonly used for compensation or board awards), not a sale. Such awards increase insider holdings but the filing does not explain the reason for the award or any vesting/transfer restrictions. This Form 4 does not provide additional context like whether shares are restricted or immediately tradable.
Insider Transaction Report
- Award
Common Stock
2026-07-01$4.20/sh+5,357$22,499→ 232,157 total