Deith Jared 4

What Happened Deith Jared, EVP & Chief Revenue Officer of KORE Group Holdings, had RSUs convert into common stock on June 30, 2026. A total of 37,500 RSU units were converted (reported as derivative exercises, code M) into shares at $0 exercise price, and 13,181 of those shares were surrendered to the issuer to satisfy tax withholding obligations (code F) at $9.23 per share, generating $121,660 in withholding. Net newly acquired shares for Jared from this vesting event were 24,319 shares (37,500 converted minus 13,181 surrendered). This was an award/vesting event rather than an open-market purchase or voluntary sale.

Key Details

• Transaction date: June 30, 2026; Form filed July 2, 2026 (no late filing indicated in the report).
• Conversions: 37,500 RSUs converted to shares (reported as M, $0.00 per share).
• Tax withholding: 13,181 shares surrendered (reported as F) at $9.23 each for a total of $121,660 (4,393 shares -> $40,547; 8,788 shares -> $81,113).
• Net shares added from this event: 24,319 shares.
• Footnotes: RSUs represent a right to receive one share each; the reported RSUs vested on June 30, 2026 (footnotes indicate vesting and tax-surrender treatment). Additional RSU tranches (if any) have scheduled vesting dates noted in the filing for 6/30/2027, 6/30/2028 and 6/30/2029 where applicable.
• Shares owned after the transaction: not specified in the filing.

Context

• Code explanations: M = conversion/exercise of a derivative (here, RSUs converting to common shares); F = shares surrendered to cover tax withholding (common for vested awards).
• This was not an open-market sale by the insider for investment reasons but a routine tax-withholding surrender tied to RSU vesting. Purchases or sales beyond the withholding were not reported in this Form 4.