KORE director shares cashed out at $9.25 in merger

KORE Group Holdings, Inc. director Paulett Eberhart reported a disposition of common stock in connection with a cash merger.

Rhea-AI Filing Summary

KORE Group Holdings, Inc. director Paulett Eberhart reported a disposition of common stock in connection with a cash merger. On 2026-07-21, 139,705 shares of common stock were converted into the right to receive $9.25 per share under a February 26, 2026 Agreement and Plan of Merger. Following this merger-related conversion, Eberhart held 0 shares of KORE common stock directly.

Insider Trade Summary

Disposition: 139,705 shares

Disposition 1 txn

Insider EBERHART PAULETT

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	139,705	$9.25	$1.29M

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: 139,705 shares Cash consideration per share: $9.25 per share Post-transaction holdings: 0 shares +2 more

5 metrics

Shares disposed 139,705 shares Common stock converted to cash rights on 2026-07-21

Cash consideration per share $9.25 per share Amount received for each KORE common share under the merger

Post-transaction holdings 0 shares Direct KORE common stock held by Paulett Eberhart after conversion

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

Disposition transactions 1 transaction Single reported disposition to issuer in this Form 4

Key Terms

Agreement and Plan of Merger, Disposition to issuer, Merger Sub

3 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.

Disposition to issuer financial

"transaction_action was classified as an issuer disposition of common stock"

Merger Sub regulatory

"by and among the Issuer, KONA Parent, L.P. and KONA Merger Sub Co."

A merger sub is a temporary, wholly owned subsidiary that an acquiring company creates to carry out a merger with another firm. Think of it as a wrapper used to combine two businesses—this can simplify legal and tax steps, isolate liabilities, and help preserve the target’s contracts or stock structure, so investors watch it because the chosen approach affects deal mechanics, shareholder votes, potential dilution, and legal or tax risk.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Paulett Eberhart report at KORE (KORE)?

Paulett Eberhart reported a disposition to the issuer of KORE Group Holdings common stock. Her 139,705 shares were converted into the right to receive $9.25 per share in cash as part of a merger, eliminating her direct common stock holdings.

How many KORE (KORE) shares were converted and at what price in the merger?

A total of 139,705 KORE common shares held by Paulett Eberhart were converted. Each share was exchanged for the right to receive $9.25 in cash under the merger terms, as described in the Agreement and Plan of Merger dated February 26, 2026.

Does Paulett Eberhart own any KORE (KORE) common stock after this transaction?

After the merger-related conversion, Paulett Eberhart reported 0 shares of KORE common stock held directly. All 139,705 previously held shares were converted into a right to receive $9.25 per share in cash, leaving no remaining direct common stock position.

Was Paulett Eberhart’s KORE (KORE) transaction executed under a Rule 10b5-1 plan?

The filing indicates the Rule 10b5-1 checkbox is not checked, so the transaction was not affirmed as occurring under a Rule 10b5-1 trading plan. Instead, it reflects an automatic share conversion tied to a merger agreement, not a discretionary trading program.

What merger agreement triggered the conversion of Paulett Eberhart’s KORE (KORE) shares?

The conversion was tied to an Agreement and Plan of Merger dated February 26, 2026 among KORE Group Holdings, KONA Parent, L.P., and KONA Merger Sub Co. Each of Eberhart’s shares was converted into a right to receive $9.25 in cash.

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

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

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^*

EBERHART PAULETT

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)		139,705	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 H. Paulett Eberhart	07/23/2026
	** 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)