KORE CFO vests 15,000 RSUs, surrenders shares
KORE Group Holdings Executive Vice President, CFO and Treasurer John Anthony Bellomo reported routine equity compensation activity.
Rhea-AI Filing Summary
KORE Group Holdings Executive Vice President, CFO and Treasurer John Anthony Bellomo reported routine equity compensation activity. On June 30, 2026, 15,000 Restricted Stock Units vested into an equal number of common shares, with each RSU representing one share of common stock.
To satisfy tax withholding obligations tied to this vesting, 8,029 common shares were surrendered as a tax-withholding disposition, rather than sold in the open market. Following these transactions, Bellomo holds 18,253 shares of KORE common stock directly, with no remaining RSUs reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,029 | $9.23 | $74K |
Footnotes (4)
- F1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
- F2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
- F3. Each RSU represents a right to receive one share of the issuer's common stock.
- F4. The reported RSUs vested in full on June 30, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
vested in full financial
derivative security financial
FAQ
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What insider transaction did KORE (KORE) CFO John Anthony Bellomo report?
What do the 15,000 KORE (KORE) Restricted Stock Units represent for the CFO?
When did the KORE (KORE) CFO’s Restricted Stock Units vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.