KORE Director Paulett Eberhart Sells 139,705 Shares

What Happened

• Paulett Eberhart, a director of KORE Group Holdings, disposed of 139,705 shares on July 21, 2026. The shares were converted and paid out at $9.25 per share, for a total cash value of $1,292,271. The transaction is reported as a disposition to the issuer (code D) tied to a merger.

Key Details

• Transaction date and price: 2026-07-21 at $9.25 per share
• Shares disposed: 139,705; total proceeds: $1,292,271
• Transaction type/code: Disposition to issuer (D) — conversion/payment in connection with a merger
• Footnote: Under 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 (cash).
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: No late-filing indication provided in the summary data

Context

• This was not an open-market sale but a merger-related cash-out: the company’s merger agreement converted the insider’s shares into a cash payment of $9.25 per share. Such dispositions tied to mergers are administrative outcomes of corporate transactions rather than an active trading decision by the insider.