KORE (NYSE: KORE) legal chief gets 5,189 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORE Group Holdings EVP and Chief Legal Officer Jack William Kennedy Jr. reported the vesting of equity awards. On February 9, 2026, 5,189 Restricted Stock Units (RSUs) converted into 5,189 shares of common stock at $0 per share pursuant to an option exercise code M.
Each RSU represented the right to receive one share of KORE common stock, and the RSUs vested in full on that date. After the transaction, Kennedy directly owned 44,662 shares of KORE common stock, reflecting his updated equity stake as an executive officer.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,189 shares exercised/converted
Mixed
2 txns
Insider
Kennedy Jack William Jr.
Role
EVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,189 | $0.00 | -- |
| Exercise | Common Stock | 5,189 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 44,662 shares (Direct)
Footnotes (1)
- Shares of issuer's common stock received 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 February 9, 2026.
FAQ
What insider transaction did KORE (KORE) report for Jack William Kennedy Jr.?
KORE reported that EVP and Chief Legal Officer Jack William Kennedy Jr. had 5,189 Restricted Stock Units vest into 5,189 shares of common stock at $0 per share, updating his direct ownership position in the company.
How many KORE (KORE) RSUs vested for Jack William Kennedy Jr.?
A total of 5,189 Restricted Stock Units vested for Jack William Kennedy Jr. Each RSU converted into one share of KORE common stock, increasing his directly held shares through this equity award vesting.
What does the transaction code M mean in the KORE (KORE) Form 4 filing?
Transaction code M indicates an exercise or conversion of derivative securities. In this case, 5,189 Restricted Stock Units were converted into an equal number of KORE common shares upon vesting, with no cash price paid per share.
When did the KORE (KORE) RSUs for Jack William Kennedy Jr. fully vest?
The reported Restricted Stock Units vested in full on February 9, 2026. On that date, 5,189 RSUs were settled into 5,189 shares of KORE common stock, as disclosed in the Form 4 filing.
What is an RSU in the context of KORE (KORE) executive compensation?
An RSU is a Restricted Stock Unit granting the right to receive shares if vesting conditions are met. For KORE, each RSU held by Jack William Kennedy Jr. represented one share of common stock that was delivered upon vesting.