KORE Group (KORE) CFO stock converted to $9.25 cash in merger deal

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.

Insider Trade Summary

Net Seller: 18,253 shares

Net Sell 1 txn

Insider Bellomo John Anthony

Role Exec. Vice Pres., CFO & Treas.

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	18,253	$9.25	$169K

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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

Shares disposed: 18,253 shares Cash per share: $9.25 per share Post-transaction holdings: 0 shares +1 more

4 metrics

Shares disposed 18,253 shares Common stock disposed to issuer on July 21, 2026

Cash per share $9.25 per share Per-share cash amount each common share was converted into the right to receive

Post-transaction holdings 0 shares Direct common stock holdings of the reporting person after the disposition

Merger agreement date February 26, 2026 Date of Agreement and Plan of Merger governing the cash conversion terms

Key Terms

Agreement and Plan of Merger, Merger Agreement, Disposition to issuer, Reporting Person

4 terms

Agreement and Plan of Merger regulatory

"In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Merger Agreement regulatory

"by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 26, 2026"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

Disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

Reporting Person regulatory

"each share of the Issuer's common stock held by the Reporting Person were converted"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/23/2026 - 04:53 PM Accepted by SEC EDGAR 07/23/2026 - 04:53 PM Learn about SEC filing dates

FAQ

What did KORE (KORE) CFO John Anthony Bellomo report in this Form 4?

Executive Vice President, CFO & Treasurer John Anthony Bellomo reported a disposition of 18,253 common shares of KORE Group Holdings, Inc. The shares were transferred to the issuer as part of a merger transaction and converted into a right to receive $9.25 in cash per share.

How many KORE (KORE) shares did the insider dispose of and at what value?

John Anthony Bellomo disposed of 18,253 shares of KORE common stock. Under the merger terms, each share was converted into the right to receive $9.25 in cash, reflecting the cash consideration tied to the Agreement and Plan of Merger referenced in the filing.

What is John Anthony Bellomo’s KORE (KORE) common stock holding after this transaction?

After the reported transaction, John Anthony Bellomo’s direct holding of KORE common stock is shown as 0 shares. All 18,253 previously held shares were converted into a cash-right of $9.25 per share in connection with the consummation of the merger transaction.

Was the KORE (KORE) insider transaction related to a merger?

Yes. The disposition occurred in connection with the consummation of transactions under an Agreement and Plan of Merger dated February 26, 2026. Each KORE common share held by the reporting person was converted into the right to receive $9.25 in cash per share.

Was the KORE (KORE) Form 4 transaction under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox was not affirmed, so the transaction is not reported as occurring under a Rule 10b5-1 plan. Instead, it reflects mandatory conversion in a merger at $9.25 per share for the reporting person’s holdings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bellomo John Anthony

(Last) (First) (Middle)

1155 PERIMETER CENTER WEST

11TH FLOOR

(Street)

ATLANTA GEORGIA 30338

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
KORE Group Holdings, Inc. [ KORE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec. Vice Pres., CFO & Treas.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/21/2026		D(1)		18,253	D	$9.25(1)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	Jack W. Kennedy Jr., Attorney-in-Fact for John Anthony Bellomo	07/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)