KORE Group Holdings (NYSE: KORE) director shares cashed out at $9.25

Rhea-AI Filing Summary

KORE Group Holdings, Inc. director Bo-Linn Cheemin reported a merger-related disposition of common stock. On July 21, 2026, all 141,505 shares of KORE common stock held were converted into the right to receive $9.25 in cash per share, leaving 0 shares reported as owned afterward.

Insider Trade Summary

Net Seller: 141,505 shares

Net Sell 1 txn

Insider Bo-Linn Cheemin

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	141,505	$9.25	$1.31M

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 26, 2026, by and among the Issuer, KONA Parent, L.P. and KONA Merger Sub Co., each share of the Issuer's common stock held by the Reporting Person were converted into the right to receive an amount in cash equal to $9.25 per share.

Key Figures

Shares disposed: 141,505 shares Cash consideration per share: $9.25 per share Shares owned after transaction: 0 shares

3 metrics

Shares disposed 141,505 shares Common stock converted into cash right in merger

Cash consideration per share $9.25 per share Merger consideration for each share of common stock

Shares owned after transaction 0 shares Holdings reported for Bo-Linn Cheemin following disposition

Key Terms

Agreement and Plan of Merger, Merger Agreement, Disposition to issuer

3 terms

Agreement and Plan of Merger regulatory

"consummation of the transactions contemplated by the Agreement and Plan of Merger"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Merger Agreement regulatory

"by the Agreement and Plan of Merger, called the Merger Agreement, dated February 26, 2026"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

Disposition to issuer financial

"transaction_code_description shows Disposition to issuer for this transaction"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/23/2026 - 04:54 PM Accepted by SEC EDGAR 07/23/2026 - 04:53 PM Learn about SEC filing dates

FAQ

What insider transaction did KORE (KORE) report for Bo-Linn Cheemin?

KORE reported that director Bo-Linn Cheemin disposed of all her KORE common shares. On July 21, 2026, 141,505 shares were converted into the right to receive $9.25 in cash per share in connection with a merger.

How many KORE (KORE) shares did Bo-Linn Cheemin give up in the merger?

Bo-Linn Cheemin gave up 141,505 shares of KORE common stock. These shares were not sold on the open market but were converted in a merger into a cash right of $9.25 per share under the merger terms.

What price per share did Bo-Linn Cheemin receive for KORE (KORE) shares?

Each KORE share was converted into the right to receive $9.25 in cash. According to the merger terms, all 141,505 shares held by Bo-Linn Cheemin were exchanged at this $9.25 per-share cash consideration, rather than through an open-market sale.

Does Bo-Linn Cheemin still own any KORE (KORE) shares after this transaction?

After the merger-related disposition, Bo-Linn Cheemin reported owning 0 shares of KORE common stock. The Form 4 shows that all 141,505 shares previously held were converted into a cash right at $9.25 per share, eliminating her reported holdings.

What was the nature of Bo-Linn Cheemin’s KORE (KORE) transaction?

The transaction was a disposition to the issuer in connection with a merger. Under an Agreement and Plan of Merger, her KORE common shares were converted into the right to receive $9.25 in cash per share, rather than a typical market trade.

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

X

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^*

Bo-Linn Cheemin

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/21/2026		D(1)		141,505	D	$9.25(1)	0	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. In connection with the consummation of the transactions contemplated by the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 26, 2026, by and among the Issuer, KONA Parent, L.P. and KONA Merger Sub Co., each share of the Issuer's common stock held by the Reporting Person were converted into the right to receive an amount in cash equal to $9.25 per share.

Remarks:

	Jack W. Kennedy, Attorney-in-Fact for Cheemin Bo-Linn	07/23/2026
	** 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)