KORE Group (KORE) director gains 58,139 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
On June 10, 2026, KORE Group Holdings director Timothy M. Donahue had 58,139 restricted stock units vest and convert into the same number of common shares. This increased his direct ownership to 141,505 shares of common stock and eliminated the reported RSU position.
Positive
- None.
Negative
- None.
Insider Trade Summary
58,139 shares exercised/converted
Mixed
2 txns
Insider
DONAHUE TIMOTHY M
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 — 141,505 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 RSUs
Common shares owned after: 141,505 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 RSUs
Restricted Stock Units vested and converted into common stock
Common shares owned after
141,505 shares
Direct ownership of common stock following June 10, 2026 transactions
Transaction date
June 10, 2026
Date RSUs vested and common shares were issued
Key Terms
Restricted Stock Units, derivative security, vested in full
3 terms
Restricted Stock Units financial
"Shares issued 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.
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.
vested in full financial
"The reported RSUs vested in full on June 10, 2026."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KORE (KORE) report for Timothy M. Donahue?
KORE reported that director Timothy M. Donahue had 58,139 RSUs vest and convert into common stock. These awards increased his direct holdings to 141,505 KORE common shares and represented a compensation-related equity vesting, not an open-market trade.
Did the KORE (KORE) Form 4 show any stock sales or purchases by the director?
The Form 4 shows no open-market sale or purchase by the director. Instead, it reports the vesting and conversion of 58,139 restricted stock units into common stock, a non-cash equity compensation event.
What happened to the restricted stock units reported for KORE (KORE) on June 10, 2026?
The reported 58,139 restricted stock units vested in full on June 10, 2026 and were converted into the same number of KORE common shares. After this event, the Form 4 shows 0 RSUs remaining for this award.
Was the KORE (KORE) insider transaction tied to a Rule 10b5-1 trading plan?
The filing does not indicate use of a Rule 10b5-1 trading plan; the related checkbox is left unchecked. The reported activity reflects RSU vesting and conversion, rather than discretionary market trades under a preset plan.