GEISLER JAMES E 4
4 · KORE Group Holdings, Inc. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
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
- Exercise/Conversion
Common Stock
[F1]2026-06-10+58,139→ 139,705 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-10−58,139→ 0 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.