KORE (NYSE: KORE) CEO RSUs Vest as Shares Cover Tax Withholding Obligations

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KORE Group Holdings, Inc. President & CEO Ronald Totton had Restricted Stock Units vest into 65,000 shares of common stock on June 30, 2026, as disclosed in a Form 4. According to the filing, 19,565 shares of common stock were surrendered at $9.23 per share to satisfy tax withholding obligations, while the remaining shares from the RSU vesting increased his direct equity position. The transactions reflect compensation-related RSU vesting, derivative exercises and associated tax withholding, rather than open-market buying or selling.

Insider Trade Summary

65,000 shares exercised/converted

Mixed 6 txns

Insider Totton Ronald

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	40,000	$0.00	--
Exercise	Restricted Stock Units	25,000	$0.00	--
Exercise	Common Stock	40,000	$0.00	--
Tax Withholding	Common Stock	12,040	$9.23	$111K
Exercise	Common Stock	25,000	$0.00	--
Tax Withholding	Common Stock	7,525	$9.23	$69K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 86,601 shares (Direct, null)

Footnotes (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. The remaining reported RSUs will vest in three equal installments on each of June 30, 2027, June 30, 2028, and June 30, 2029, assuming the continuous employment or service of the reporting person with the issuer.

Key Figures

RSU Shares Vested: 65,000 shares Shares Surrendered for Taxes: 19,565 shares Tax Withholding Price: $9.23 per share +2 more

5 metrics

RSU Shares Vested 65,000 shares Common stock received upon RSU vesting on June 30, 2026

Shares Surrendered for Taxes 19,565 shares Common stock surrendered to satisfy tax withholding obligations

Tax Withholding Price $9.23 per share Transaction price for F-code tax-withholding dispositions

Tax Withholding Transactions 2 transactions F-code dispositions to cover tax liabilities

Derivative Exercises 2 transactions M-code exercises/conversions related to RSUs

Key Terms

Restricted Stock Units, tax withholding obligations, derivative exercise/conversion, Payment of exercise price or tax liability by delivering securities, +2 more

6 terms

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 exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

vested in full financial

"The reported RSUs vested in full on June 30, 2026."

three equal installments financial

"The remaining reported RSUs will vest in three equal installments on each of June 30, 2027, June 30, 2028, and June 30, 2029"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 05:20 PM Accepted by SEC EDGAR 07/02/2026 - 05:20 PM

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

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^*

Totton Ronald

(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
X	Officer (give title below)	Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		M		40,000	A	$0⁽¹⁾	86,601	D
Common Stock	06/30/2026		F		12,040	D	$9.23⁽²⁾	74,561	D
Common Stock	06/30/2026		M		25,000	A	$0⁽¹⁾	99,561	D
Common Stock	06/30/2026		F		7,525	D	$9.23⁽²⁾	92,036	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units⁽³⁾	⁽⁴⁾	06/30/2026		M			40,000	⁽³⁾⁽⁴⁾	⁽³⁾	Common Stock	40,000	$0	0	D
Restricted Stock Units⁽³⁾	⁽⁵⁾	06/30/2026		M			25,000	⁽³⁾⁽⁵⁾	⁽³⁾	Common Stock	25,000	$0	75,000	D

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.

5. The remaining reported RSUs will vest in three equal installments on each of June 30, 2027, June 30, 2028, and June 30, 2029, assuming the continuous employment or service of the reporting person with the issuer.

Remarks:

	Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton	07/02/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did KORE (KORE) disclose for Ronald Totton?

KORE reported that President & CEO Ronald Totton had Restricted Stock Units vest into 65,000 common shares. Part of these shares were surrendered to cover tax withholding obligations, while the rest remained as directly held equity, reflecting compensation-related activity rather than open-market trading.

How many KORE (KORE) shares were tied to RSU vesting in this Form 4?

The Form 4 shows 65,000 shares of KORE common stock received upon vesting of Restricted Stock Units. Footnotes state each RSU represents one common share, and the reported RSUs vested in full on June 30, 2026, creating this new equity position for the executive.

How many KORE (KORE) shares were surrendered for tax withholding?

The filing reports 19,565 KORE common shares surrendered to satisfy tax withholding obligations. These dispositions used transaction code F, defined as payment of tax liability by delivering securities, and were executed at a transaction price of $9.23 per share according to the transaction details.

Were Ronald Totton’s KORE (KORE) transactions open-market buys or sells?

The transactions were not open-market purchases or sales. They are classified as derivative exercises and tax-withholding dispositions. RSUs converted into common stock using code M, and shares were surrendered under code F specifically to cover tax obligations upon vesting, per the code descriptions and footnotes.

What do the KORE (KORE) Form 4 footnotes say about the RSUs?

Footnotes explain the reported common shares were received upon vesting of Restricted Stock Units, with each RSU equal to one share. They state the reported RSUs vested in full on June 30, 2026, and that remaining RSUs will vest in three equal installments in 2027, 2028 and 2029.

Does Ronald Totton still hold unvested KORE (KORE) RSUs after this filing?

Yes. A footnote states the remaining reported RSUs will vest in three equal installments on June 30, 2027, June 30, 2028 and June 30, 2029, assuming his continuous employment or service with KORE. This indicates additional unvested RSU awards continue beyond the June 2026 vesting.