GEISLER JAMES E 4

What Happened

• James E. Geisler, a director of KORE Group Holdings, recorded a disposition of 139,705 shares on July 21, 2026. The shares were converted into cash at $9.25 per share, generating proceeds of $1,292,271. This was a disposition to the issuer as part of the merger consideration, not an open-market sale.

Key Details

• Transaction date: 2026-07-21; filing date: 2026-07-23 (filed within the Form 4 reporting window).
• Price/consideration: $9.25 per share; total value: $1,292,271.
• Shares disposed: 139,705 shares. Footnote states each of the reporting person’s shares were converted into the right to receive $9.25 per share under the merger agreement.
• Shares owned after transaction: reporting indicates the reporting person’s shares were converted under the merger (effectively reducing holdings per the footnote).
• Transaction type/code: Disposition to issuer (D). No 10b5-1 plan, tax withholding, or late-filing flag noted in the provided filing.

Context

• This transaction is a corporate cash-out tied to the Agreement and Plan of Merger; it reflects the merger consideration rather than an insider selling shares on the open market. Such conversion transactions are routine in mergers and do not necessarily signal insider sentiment about future performance.