Kennedy Jack William Jr. 4

What Happened

• Jack William Kennedy Jr., EVP, Chief Legal Officer & Secretary of KORE Group Holdings (KORE), had 15,000 Restricted Stock Units (RSUs) vest on June 30, 2026. Those RSUs converted into 15,000 shares of common stock (reported as exercise/conversion of a derivative).
• To satisfy tax withholding, 4,380 of the newly issued shares were surrendered at $9.23 per share, a withholding value of $40,427. Net shares delivered to the insider after withholding: 10,620.
• This was an award/vesting and tax-withholding event — not an open-market purchase or a sale for investment purposes.

Key Details

• Transaction date: 2026-06-30.
• Reported entries: 15,000 shares acquired (conversion of RSUs, reported as code M, $0 acquisition price); 4,380 shares disposed for tax withholding at $9.23 each (code F) totaling $40,427.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: RSUs vested in full on June 30, 2026; each RSU converts to one share; shares were surrendered to satisfy tax withholding.
• Filing timeliness: no late filing indicated in the provided information.

Context

• These entries reflect RSU vesting and routine tax withholding (treated in the filing as derivative conversion and withholding). This is a non-market issuance event — common for executive compensation — and does not by itself signal a buy or sell decision in the open market.