Bellomo John Anthony 4

What Happened
John Anthony Bellomo, Executive Vice President, Chief Financial Officer & Treasurer of KORE Group Holdings (KORE), had 25,000 shares issued upon the vesting/conversion of RSUs on June 2, 2026. To satisfy tax withholding obligations, 13,718 of those shares were surrendered (disposed) at $9.19 per share, totaling $126,068. The filing shows the RSU settlement as exercise/conversion entries consistent with RSU vesting.

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 3, 2026 (timely).
• Shares received: 25,000 shares reported as issued upon RSU vesting (recorded at $0.00 acquisition price per share).
• Shares surrendered for taxes: 13,718 shares disposed at $9.19/share = $126,068 (tax withholding).
• Reporting codes: M (exercise/conversion of derivative/RSU) and F (payment of exercise price or tax liability via share surrender).
• Footnotes: RSUs convert to one share each (F1, F3); surrendered shares satisfy tax withholding (F2); remaining RSUs vest in two equal installments on June 2, 2027 and June 2, 2028 (F4).
• Shares owned after transaction: not specified in the provided excerpt.

Context
This was an RSU vesting and tax-withholding transaction (common, administrative action). The surrender of shares to cover taxes is routine and not an open-market sale—so it shouldn't be read as a market sentiment trade. The filing appears timely (no late filing indicated).