KORE Group Holdings, Inc.·4

Jul 17, 5:23 PM ET

GEISLER JAMES E 4

4 · KORE Group Holdings, Inc. · Filed Jul 17, 2026

Research Summary

AI-generated summary of this filing

Updated

KORE Director James E. Geisler Receives 58,139 Shares (RSU Vesting)

What Happened
James E. Geisler, a director of KORE Group Holdings, had 58,139 restricted stock units (RSUs) vest on June 10, 2026. The Form 4 reports the conversion/exercise of a derivative (code M) resulting in the acquisition of 58,139 shares at $0.00 and a corresponding disposition of the derivative instrument for $0.00 — i.e., the RSUs converted into common stock with no cash purchase price.

Key Details

  • Transaction date: June 10, 2026. Form 4 filed July 17, 2026 (Accession: 0001628280-26-048708).
  • Shares acquired: 58,139 common shares; reported price $0.00 (reflects RSU vesting, not a market purchase).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1–F3 state these were RSUs, each RSU equals one share, and the reported RSUs vested in full on June 10, 2026.
  • Transaction codes: M = exercise/conversion of derivative (here, RSU conversion). No open-market sale or 10b5-1 plan reported.

Context
This transaction reflects compensation-related RSU vesting and conversion to common stock rather than a purchase or sale in the open market. Such awards are routine for executives and directors; they represent issued compensation rather than a direct signal of buying or selling interest in the company.

Insider Transaction Report

Form 4
Period: 2026-06-10
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-10+58,139139,705 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-06-1058,1390 total
    Common Stock (58,139 underlying)
Footnotes (3)
  • [F1]Shares issued upon vesting of restricted stock units ("RSUs").
  • [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.
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for James E. Geisler|2026-07-17

Documents

1 file
  • 4
    wk-form4_1784323434.xmlPrimary

    FORM 4