Bellomo John Anthony 4

What Happened

• John Anthony Bellomo, Executive Vice President, Chief Financial Officer & Treasurer of KORE Group Holdings (KORE), had 15,000 Restricted Stock Units (RSUs vest) on June 30, 2026. The RSUs converted into 15,000 shares; 8,029 of those shares were surrendered to the company to satisfy tax withholding obligations, generating $74,108 based on a $9.23 per-share withholding value. Net shares retained from the vesting were 6,971 (15,000 − 8,029). The filing shows no cash purchase price for the RSUs (awarded/vested).

Key Details

• Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (timely).
• Vesting/award: 15,000 RSUs converted to 15,000 shares (derivative exercise/conversion).
• Tax withholding: 8,029 shares surrendered at $9.23/share = $74,108 (code F).
• Net shares retained: 6,971 shares after withholding.
• Footnotes: RSUs vested in full on 6/30/2026; each RSU equals one common share; surrendered shares used to satisfy tax withholding.
• Shares owned after transaction: not disclosed in the filing.

Context

• This was an employee compensation/vesting event (award converted to shares), not an open-market buy or sell for investment purposes. The only shares "sold" were surrendered to cover withholding taxes, which is routine and does not necessarily signal the insider's view on the stock. The filing records the derivative conversion and tax withholding (codes M and F) rather than a market sale.