Kennedy Jack William Jr. 4

What Happened
Jack William Kennedy Jr., EVP, Chief Legal Officer & Secretary of KORE Group Holdings (KORE), had 5,189 restricted stock units (RSUs) convert to common shares when they vested on February 9, 2026. The Form 4 shows an acquisition of 5,189 shares at $0.00 (conversion/vesting) and a corresponding derivative disposition entry for 5,189 shares at $0.00. No cash was reported as exchanged in these entries.

Key Details

• Transaction date: February 9, 2026 (reported on Form 4 filed February 11, 2026 — timely filing).
• Reported entries: Exercise/conversion of derivative (code M) — 5,189 shares acquired at $0.00; matching 5,189 shares disposed at $0.00 (derivative).
• Total cash value reported: $0 (shares issued upon vesting).
• Footnotes: F1–F3 state these shares were received upon RSU vesting; each RSU equals one share and vested in full on Feb 9, 2026.
• Shares owned after the transaction: Not provided in the information supplied.

Context
This was an award vesting / derivative conversion (RSUs converting into common stock), not an open-market purchase or sale. Code M on the filing refers to exercise/conversion of a derivative; the footnotes clarify these were RSUs that vested. Because no sale or cash proceeds are reported, this transaction reflects receipt of shares from compensation rather than a liquidity event.