KORE director gains 58,139 shares via RSU vesting
KORE Group Holdings director Paulett Eberhart increased her direct common stock holdings through equity compensation vesting.
Rhea-AI Filing Summary
KORE Group Holdings director Paulett Eberhart increased her direct common stock holdings through equity compensation vesting. On June 10, 2026, 58,139 restricted stock units vested in full, and the same number of common shares were issued at a stated price of $0.00 per share. Each RSU represented the right to receive one share of KORE common stock, so there was no open-market purchase or sale involved. After this vesting and conversion, Eberhart directly holds 139,705 shares of KORE common stock, reflecting a larger long-term equity position tied to the company’s performance.
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Negative
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Insider Trade Summary
58,139 shares exercised/converted
Exercise
2 txns
Insider
EBERHART PAULETT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 58,139 | $0.00 | $0.00 |
| Exercise | Common Stock | 58,139 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 139,705 shares (Direct)
Footnotes (3)
- F1. Shares issued upon vesting of restricted stock units ("RSUs") on June 10, 2026.
- F2. Each RSU represents a right to receive one share of the issuer's common stock.
- F3. The reported RSUs vested in full on June 10, 2026.
Key Figures
RSUs vested: 58,139 units
Shares issued from RSUs: 58,139 shares
Price per share: $0.00 per share
+2 more
5 metrics
RSUs vested
58,139 units
Restricted stock units vested on June 10, 2026
Shares issued from RSUs
58,139 shares
Common stock issued upon RSU vesting
Price per share
$0.00 per share
Stated transaction price for the conversion
Shares held after transaction
139,705 shares
Director’s direct KORE common stock holdings post-vesting
Exercise transactions
1 exercise, 58,139 shares
Summary of derivative exercise activity in Form 4
Key Terms
Restricted Stock Units, RSUs, derivative security, Form 4
4 terms
Restricted Stock Units financial
"Shares issued upon vesting of restricted stock units ("RSUs") on June 10, 2026."
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.
RSUs financial
"Each RSU represents a right to receive one share of the issuer's common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative security financial
"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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KORE (KORE) report for Paulett Eberhart?
KORE reported that director Paulett Eberhart acquired 58,139 common shares through the vesting of restricted stock units. These RSUs converted into the same number of shares on June 10, 2026, increasing her direct ownership stake without any open-market buying or selling.
What are restricted stock units (RSUs) in the KORE (KORE) Form 4 filing?
In this filing, restricted stock units are equity awards that convert into KORE common shares upon vesting. Each RSU represented the right to receive one share, and all 58,139 RSUs vested on June 10, 2026, issuing the same number of common shares to the director.
What is Paulett Eberhart’s KORE (KORE) ownership after the reported transaction?
After the RSU vesting and conversion, Paulett Eberhart directly holds 139,705 KORE common shares. This total reflects her updated ownership position following the issuance of 58,139 shares from fully vested restricted stock units on June 10, 2026, as disclosed in the Form 4.
Was the KORE (KORE) Form 4 transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. It is classified as an exercise or conversion of a derivative security, where 58,139 restricted stock units vested and automatically converted into the same number of KORE common shares as part of equity compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
