KORE EVP Jared Deith Sells 478,617 Shares

What Happened Jared Deith, EVP & Chief Revenue Officer of KORE Group Holdings, reported a disposition of 478,617 shares on 2026-07-21. The shares were converted to cash at $9.25 per share for a total of $4,427,207. The transaction is reported as a disposition to the issuer (code D), meaning the shares were cashed out rather than sold on the open market.

Key Details

• Transaction date: 2026-07-21; Filing date: 2026-07-23 (filed two days after the transaction).
• Price per share: $9.25; Shares disposed: 478,617; Total proceeds: $4,427,207.
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnote: Per the Merger Agreement dated Feb 26, 2026, each share held by the reporting person was converted into the right to receive $9.25 per share in cash.
• Transaction type: Disposition to issuer (D) — a merger cash-out rather than an open-market sale.

Context This was a cash conversion tied to a merger agreement, not a market sale or option exercise. Such merger-related cash-outs are routine procedural transactions and do not necessarily indicate the insider's view of the company’s future performance.