[Form 4] KORE Group Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Jared Deith, EVP & Chief Revenue Officer of KORE Group Holdings (KORE) had 8,000 restricted stock units vest on August 15, 2025, which were issued as 8,000 shares of common stock at no cash price. After the issuance, Mr. Deith beneficially owns 447,869 shares of common stock directly and holds a total of 16,000 restricted stock units (each convertible into one share) that remain subject to future vesting. The remaining RSUs are scheduled to vest in two equal installments on August 15, 2026 and August 15, 2027. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Deith on August 19, 2025.
Positive
- 8,000 RSUs vested and were issued as 8,000 shares, increasing the reporting person's direct ownership to 447,869 shares
- Remaining RSUs have a clear vesting schedule (two equal installments on August 15, 2026 and August 15, 2027), providing transparency on future potential dilution to the officer's holdings
Negative
- None.
Insights
TL;DR: Routine executive vesting increased direct holdings by 8,000 shares; no cash paid and remaining RSUs vest over two years.
The filing documents a standard vesting of restricted stock units for an executive officer, converting 8,000 RSUs into common shares at $0 purchase price on August 15, 2025. This increases Mr. Deith's direct beneficial ownership to 447,869 shares and leaves 16,000 RSUs outstanding, scheduled to vest in equal installments on August 15, 2026 and August 15, 2027. From an investor perspective this is a non-cash compensation event reflecting previously granted equity rather than a new purchase or sale. The transaction code and timing indicate a routine vesting event, not a purchases/sales trade.
TL;DR: Typical executive equity compensation activity with clear vesting schedule; no regulatory flags or unusual terms disclosed.
The Form 4 shows compliance with disclosure rules for Section 16 reporting. The reporting person is an officer (EVP & Chief Revenue Officer) and the filing discloses the conversion of vested RSUs into shares and the remaining RSU vesting schedule. The filing was executed by an attorney-in-fact and includes an explanation of the vesting mechanics. There are no indications in the form of amendments, corrective disclosures, or unusual transaction codes that would suggest governance concerns.