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[Form 4] KORE Group Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jared Deith, EVP & Chief Revenue Officer of KORE Group Holdings, Inc. (KORE), reported the vesting and issuance of 2,723 restricted stock units (RSUs) on 09/30/2025. Each RSU converts into one share of common stock; the filing states the RSUs vested in full and were issued at $0 cost to the reporting person. After the transaction, Mr. Deith beneficially owns 450,592 shares of KORE common stock on a direct basis. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Positive

  • 2,723 RSUs vested and converted to shares, reflecting executive retention/compensation
  • Post-transaction ownership of 450,592 shares increases insider alignment with shareholders

Negative

  • The issuance was at $0, which dilutes remaining shareholders though amount is likely immaterial relative to total float
  • No public disclosure in this Form 4 of any subsequent sale or lock-up restrictions on the newly issued shares

Insights

Executive received vested RSUs totaling 2,723 shares; holdings now 450,592 shares.

The filing documents a routine vesting event: 2,723 RSUs vested and were issued as common stock on 09/30/2025. The transaction code M indicates it was a conversion/vesting of derivative securities rather than an open-market trade.

Because the shares were issued at $0, this reflects compensation vesting tied to prior grants, increasing the insider's direct ownership to 450,592 shares, a fact material for ownership disclosure but not a cash transaction affecting the company’s balance sheet.

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).
1. Name and Address of Reporting Person*
Deith Jared

(Last) (First) (Middle)
1155 PERIMETER CENTER WEST, 11TH FLOOR

(Street)
ATLANTA GA 30338

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
KORE Group Holdings, Inc. [ KORE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 09/30/2025 M 2,723 A $0(1) 450,592 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
Restricted Stock Units(2) (3) 09/30/2025 M 2,723 (2)(3) (2) Common Stock 2,723 $0 0 D
Explanation of Responses:
1. Shares issued upon vesting of restricted stock units ("RSUs") on September 30, 2025.
2. Each RSU represents a right to receive one share of the issuer's common stock.
3. The reported RSUs vested in full on September 30, 2025.
Remarks:
Jack W. Kennedy Jr., Attorney-in-Fact for Jared Deith 10/02/2025
** 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.

FAQ

What did Jared Deith report on the Form 4 for KORE?

He reported the vesting and issuance of 2,723 RSUs into common stock on 09/30/2025, resulting in 450,592 shares beneficially owned.

Were the RSUs issued for cash on the KORE Form 4?

No. The RSUs were issued at a reported price of $0, indicating conversion of previously granted units rather than a cash purchase.

What does transaction code M mean on this Form 4?

Code M denotes a conversion or exercise resulting from the vesting of derivative securities, here the RSUs vesting into common stock.

When did the reported RSUs vest and when was the Form 4 signed?

The RSUs vested on 09/30/2025 and the Form 4 was signed by attorney-in-fact on 10/02/2025.

How many shares does Jared Deith own after this transaction?

The Form 4 reports 450,592 shares beneficially owned following the issuance of the vested RSUs.
Kore Group Holdings

NYSE:KORE

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KORE Stock Data

74.72M
5.56M
40.71%
54.53%
0.47%
Telecom Services
Communications Services, Nec
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United States
ATLANTA