KORE Group Holdings, Inc. (KORE) director converts 58,139 RSUs to common shares
Rhea-AI Filing Summary
KORE Group Holdings, Inc. director James E. Geisler reported the vesting of 58,139 restricted stock units on June 10, 2026, converting into an equal number of common shares at a reported price of $0.0000 per share. After this RSU-to-common conversion, he directly holds 139,705 common shares and no remaining RSUs from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
58,139 shares exercised/converted
Mixed
2 txns
Insider
GEISLER JAMES E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 58,139 | $0.00 | -- |
| Exercise | Common Stock | 58,139 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 139,705 shares (Direct)
Footnotes (1)
- Shares issued upon vesting of restricted stock units ("RSUs"). Each RSU represents a right to receive one share of the issuer's common stock. The reported RSUs vested in full on June 10, 2026.
Key Figures
Common shares acquired: 58,139 shares
RSUs converted: 58,139 units
Common shares held after: 139,705 shares
+1 more
4 metrics
Common shares acquired
58,139 shares
Shares issued upon vesting of RSUs on June 10, 2026
RSUs converted
58,139 units
Restricted Stock Units exercised/converted into common stock on June 10, 2026
Common shares held after
139,705 shares
Direct ownership of KORE common stock following reported transactions on June 10, 2026
Reported transaction price per share
$0.0000
Per-share price reported for the RSU vesting into common stock
Key Terms
Restricted Stock Units, derivative security, vested in full
3 terms
Restricted Stock Units financial
"Security title "Restricted Stock Units" with each unit representing one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"Transaction code description notes an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested in full financial
"Footnote states the reported RSUs vested in full on June 10, 2026"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did KORE (KORE) director James E. Geisler report in this Form 4?
James E. Geisler reported the vesting of 58,139 restricted stock units, which converted into 58,139 common shares at a reported price of $0.0000 per share. This was recorded as an exercise or conversion of a derivative security, not an open-market trade.
What happened to James E. Geisler’s restricted stock units in KORE (KORE)?
The reported restricted stock units totaling 58,139 vested in full on June 10, 2026. Each RSU represented the right to receive one share of KORE common stock, and the vesting reduced the RSU balance for this grant to zero units.
Was the KORE (KORE) Form 4 transaction by James E. Geisler made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and transaction data do not reference any trading plan. The reported activity concerns RSU vesting and share issuance rather than open-market trades under a preset plan.
How many KORE (KORE) restricted stock units did James E. Geisler dispose of in this Form 4?
He disposed of 58,139 restricted stock units through an exercise or conversion transaction. These RSUs, each representing one common share, vested in full on June 10, 2026 and were converted into an equal number of KORE common shares.