KORE Group CFO shares converted at $9.25 cash
KORE Group Holdings, Inc. reported that Executive Vice President, CFO & Treasurer John Anthony Bellomo disposed of 18,253 shares of common stock on July 21, 2026 in a disposition to the issuer.
Rhea-AI Filing Summary
KORE Group Holdings, Inc. reported that Executive Vice President, CFO & Treasurer John Anthony Bellomo disposed of 18,253 shares of common stock on July 21, 2026 in a disposition to the issuer. In connection with the consummation of a merger under an Agreement and Plan of Merger dated February 26, 2026, each share was converted into the right to receive $9.25 in cash per share. Following this transaction, his reported direct holdings of this common stock were 0 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 18,253 | $9.25 | $169K |
Footnotes (1)
- F1. In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 26, 2026, by and among the Issuer, KONA Parent, L.P. and KONA Merger Sub Co., each share of the Issuer's common stock held by the Reporting Person were converted into the right to receive an amount in cash equal to $9.25 per share.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Merger Agreement regulatory
Disposition to issuer financial
Reporting Person regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KORE (KORE) CFO John Anthony Bellomo report in this Form 4?
What is John Anthony Bellomo’s KORE (KORE) common stock holding after this transaction?
Was the KORE (KORE) Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.