KORE Group EVP exercises RSUs, holds 75,776 shares
KORE Group Holdings, Inc. executive vice president and COO Gordon Bruce William reported RSU vesting and related tax-withholding dispositions.
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Form Type
4
Rhea-AI Filing Summary
KORE Group Holdings, Inc. executive vice president and COO Gordon Bruce William reported RSU vesting and related tax-withholding dispositions. On June 30 and July 2, 2026, 77,500 restricted stock units converted into common stock, with 18,171 shares surrendered at $9.23 per share for taxes, leaving 75,776 common shares held directly and additional RSUs scheduled to vest through 2029.
Insider Trade Summary
77,500 shares exercised/converted
Exercise
9 txns
Insider
Gordon Bruce William
Role
Exec. Vice Pres. & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F6 | 27,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 27,500 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 6,447 | $9.23 | $60K |
| Exercise | Restricted Stock Units F3, F4 | 25,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F3, F5 | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 25,000 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 5,862 | $9.23 | $54K |
| Exercise | Common Stock F1 | 25,000 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 5,862 | $9.23 | $54K |
Holdings After Transaction:
Restricted Stock Units — 137,500 contracts (Direct);
Common Stock — 69,329 shares (Direct)
Footnotes (6)
- 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.
- F5. 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.
- F6. The remaining reported RSUs will vest as follows: 27,500 RSUs shall vest on the third anniversary of July 2, 2024 (the "Grant Date"), and 35,000 RSUs shall vest on the fourth anniversary of the Grant Date, subject to the reporting person's continuous employment or service to the issuer through the applicable vesting date.
Key Figures
RSUs vested into common stock: 77,500 shares
Shares surrendered for tax withholding: 18,171 shares
Direct common stock holdings after transactions: 75,776 shares
+3 more
6 metrics
RSUs vested into common stock
77,500 shares
Total derivative exercises on June 30 and July 2, 2026
Shares surrendered for tax withholding
18,171 shares
Common shares surrendered at $9.23 per share to satisfy tax obligations
Direct common stock holdings after transactions
75,776 shares
Common stock held directly by Gordon Bruce William after July 2, 2026
Tax withholding price
$9.23 per share
Implied value of common shares surrendered in F-coded transactions
Remaining RSUs under one award
75,000 RSUs
Vest in three equal installments on June 30, 2027, 2028, and 2029
Future RSU vesting tranches
27,500 RSUs; 35,000 RSUs
Vest on the third and fourth anniversaries of July 2, 2024, respectively
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, Grant Date
4 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 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.
Grant Date financial
"on the third anniversary of July 2, 2024 (the "Grant Date"), and 35,000 RSUs"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KORE (KORE) executive Gordon Bruce William report in this Form 4?
He reported RSU vesting and tax-withholding dispositions. On June 30 and July 2, 2026, 77,500 RSUs converted into common stock, 18,171 shares were surrendered to cover taxes, and his direct KORE common stock holdings reached 75,776 shares, with further RSUs set to vest later.
How many KORE (KORE) restricted stock units vested into common stock?
A total of 77,500 restricted stock units vested and were exercised into KORE common stock. These derivative exercises occurred across transactions dated June 30 and July 2, 2026, and are reported under transaction code M as exercises or conversions of derivative securities.
What future RSU vesting schedule is disclosed for KORE (KORE) in this filing?
One RSU award has 75,000 RSUs remaining, vesting in three equal installments on June 30, 2027, 2028, and 2029. Another award provides 27,500 RSUs vesting on the third anniversary and 35,000 RSUs on the fourth anniversary of July 2, 2024, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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