KORE insider filing: 2,723 RSUs vested for EVP Jared Deith
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.
FAQ
What did Jared Deith report on the Form 4 for KORE?
Were the RSUs issued for cash on the KORE Form 4?
What does transaction code M mean on this Form 4?
When did the reported RSUs vest and when was the Form 4 signed?
How many shares does Jared Deith own after this transaction?