KORE Director Timothy Donahue Sells 141,505 Shares

What Happened
Timothy M. Donahue, a director of KORE Group Holdings, disposed of 141,505 shares on July 21, 2026. Each share was converted into cash at $9.25 per share, for total proceeds of $1,308,921. The reported disposition is coded as a transfer to the issuer (D) and reflects the merger cash‑out rather than an open‑market sale.

Key Details

• Transaction date: 2026-07-21; Price: $9.25 per share; Total proceeds: $1,308,921.
• Transaction type/code: Disposition to issuer (D) — conversion/cash‑out under the Merger Agreement (see footnote).
• Filing date: 2026-07-23 (reporting period 2026-07-21); filing appears within the typical 2-business‑day window.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote summary (F1): Per the Agreement and Plan of Merger dated Feb 26, 2026, each share was converted into the right to receive $9.25 in cash.

Context
This was a merger-related conversion where company shares were cashed out at the merger consideration price. That means the insider’s shares were converted to the same cash consideration given to other shareholders, rather than an individual open‑market sale that might signal a trading decision.