KORE CFO John Bellomo Sells 18,253 Shares

What Happened
John Anthony Bellomo, Executive Vice President, Chief Financial Officer and Treasurer of KORE Group Holdings, disposed of 18,253 shares on July 21, 2026. The shares were converted to cash at $9.25 per share for a total of $168,840. This was a disposition to the issuer as part of a merger transaction, not an open-market sale.

Key Details

• Transaction date: 2026-07-21
• Filing date (Form 4): 2026-07-23 — filed within the typical two-business-day window (timely).
• Transaction type/code: D — disposition to issuer (conversion in connection with merger).
• Price per share: $9.25; Total proceeds: $168,840.
• Footnote: Per Merger Agreement (F1), each share was converted into the right to receive $9.25 in cash.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding, or late-filing footnotes were disclosed in the provided filing.

Context
The transaction reflects a cash-out under the terms of a merger agreement (KONA Parent, L.P. and KONA Merger Sub Co.), which is a routine corporate event and does not necessarily indicate the insider’s market view. Dispositions resulting from deal consideration are typically procedural rather than active selling decisions.