Bo-Linn Cheemin 4
4 · KORE Group Holdings, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
KORE Director Bo‑Linn Cheemin Receives 58,139 Shares
What Happened
Bo‑Linn Cheemin, a director of KORE Group Holdings, received 58,139 shares on June 10, 2026 when restricted stock units (RSUs) vested and converted to common stock. The Form 4 reports the derivative exercise/conversion (transaction code M) showing 58,139 shares acquired at $0.00 (and the corresponding derivative interest disposed at $0.00), reflecting issuance upon vesting rather than a cash purchase or open‑market sale.
Key Details
- Transaction date: June 10, 2026. Filing date: June 15, 2026 (filed five days after the transaction; Form 4s are typically due within 2 business days, so this may be late).
- Shares reported acquired: 58,139 at $0.00 per share (conversion of RSUs).
- The filing shows a corresponding derivative disposition of 58,139 shares (the RSU interest was converted into common stock).
- Shares owned after the transaction: not specified in the information provided in this summary.
- Footnotes: F1–F3 state the shares were issued upon RSU vesting on June 10, 2026; each RSU equals one share and the reported RSUs vested in full.
Context
This transaction reflects RSU vesting and conversion (an award being settled in stock), not an open‑market purchase or sale. No cash changed hands per the filing (price shown as $0.00); the economic value to the insider would depend on KORE’s market price at vesting. Such award vestings are routine compensation events and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-10+58,139→ 141,505 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-10−58,139→ 0 totalFrom: 2026-06-10→ Common Stock (58,139 underlying)
Footnotes (3)
- [F1]Shares issued upon vesting of restricted stock units ("RSUs") on June 10, 2026.
- [F2]Each RSU represents a right to receive one share of the issuer's common stock.
- [F3]The reported RSUs vested in full on June 10, 2026.