STOCK TITAN

KORE (KORE) legal chief vests 15K RSUs, 4,380 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KORE Group Holdings EVP and Chief Legal Officer Jack William Kennedy Jr. reported routine equity compensation activity involving restricted stock units. He exercised RSUs covering 15,000 shares of common stock, with each RSU converting into one share upon vesting. To cover tax withholding obligations tied to this vesting, 4,380 shares of common stock were surrendered back to the company instead of being sold in the open market. After these transactions, he directly owns 60,946 shares of KORE common stock, and the reported RSU award has fully vested with no remaining RSUs outstanding.

Positive

  • None.

Negative

  • None.
Insider Kennedy Jack William Jr.
Role EVP, Chief Legal Officer & Sec
Type Security Shares Price Value
Exercise Restricted Stock Units 15,000 $0.00 --
Exercise Common Stock 15,000 $0.00 --
Tax Withholding Common Stock 4,380 $9.23 $40K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 65,326 shares (Direct, null)
Footnotes (1)
  1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs"). Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations. Each RSU represents a right to receive one share of the issuer's common stock. The reported RSUs vested in full on June 30, 2026.
RSUs vested 15,000 shares Restricted Stock Units converting into common stock
Shares surrendered for taxes 4,380 shares Common stock surrendered to satisfy tax withholding obligations
Shares owned after transaction 60,946 shares Direct ownership of KORE common stock following transactions
Exercise transactions 1 transaction, 15,000 shares Derivative exercise/conversion events in summary
Tax withholding transactions 1 transaction, 4,380 shares Shares used to satisfy tax liability per summary
Restricted Stock Units financial
"Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs")."
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.
tax withholding obligations financial
"Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations."
derivative security financial
"transaction_code_description: "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.
Exercise or conversion financial
"transaction_action: "derivative exercise/conversion" for RSU conversion"
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description for code F disposition"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
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*
Kennedy Jack William Jr.

(Last)(First)(Middle)
1155 PERIMETER CENTER WEST, 11TH FLOOR
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal Officer & Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026M15,000A$0(1)65,326D
Common Stock06/30/2026F4,380D$9.23(2)60,946D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)(4)06/30/2026M15,000 (3)(4) (3)Common Stock15,000$00D
Explanation of Responses:
1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
3. Each RSU represents a right to receive one share of the issuer's common stock.
4. The reported RSUs vested in full on June 30, 2026.
Remarks:
Jack William Kennedy Jr.07/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider equity transaction did KORE (KORE) report for Jack William Kennedy Jr.?

KORE reported that EVP and Chief Legal Officer Jack William Kennedy Jr. had 15,000 restricted stock units vest into common shares. This was a compensation-related event, not an open-market stock purchase or sale, and reflects standard equity award vesting.

How many KORE (KORE) shares were withheld for taxes in this insider transaction?

In connection with the RSU vesting, 4,380 shares of KORE common stock were surrendered to satisfy tax withholding obligations. This tax-withholding disposition is not an open-market sale and is a common mechanism for handling payroll taxes on equity awards.

How many KORE (KORE) shares does Jack William Kennedy Jr. hold after these transactions?

Following the RSU vesting and tax-withholding share surrender, Jack William Kennedy Jr. directly holds 60,946 shares of KORE common stock. This figure reflects his updated ownership position after the compensation-related transactions on the reported date.

Were the KORE (KORE) insider transactions open-market buys or sells?

No open-market buys or sells were reported. The filing shows RSUs converting into 15,000 common shares and 4,380 shares surrendered to cover tax withholding obligations, a standard compensation and payroll tax mechanism rather than discretionary trading activity.

What do the restricted stock units (RSUs) in the KORE (KORE) filing represent?

Each restricted stock unit in the KORE filing represents a right to receive one share of KORE common stock upon vesting. The reported RSUs vested in full on June 30, 2026, resulting in the delivery of 15,000 common shares to the executive.

Did Jack William Kennedy Jr. retain equity exposure to KORE (KORE) after the RSU vesting?

Yes. After the RSU vesting and tax-withholding share surrender, Jack William Kennedy Jr. directly holds 60,946 KORE common shares. This indicates he maintained a substantial equity position following these routine compensation-related transactions.