KORE director’s 141,505 shares converted at $9.25
Timothy M. Donahue, a director of KORE Group Holdings, Inc., reported a disposition of 141,505 shares of common stock in connection with the consummation of a merger.
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Rhea-AI Filing Summary
Timothy M. Donahue, a director of KORE Group Holdings, Inc., reported a disposition of 141,505 shares of common stock in connection with the consummation of a merger. Each share was converted into the right to receive $9.25 in cash, leaving him with no remaining direct holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 141,505 | $9.25 | $1.31M |
Footnotes (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
Key Terms
Agreement and Plan of Merger regulatory
Merger Agreement regulatory
Disposition to issuer financial
KONA Parent, L.P. regulatory
KONA Merger Sub Co. regulatory
FAQ
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What transaction did KORE (KORE) director Timothy M. Donahue report on this Form 4?
Did the Form 4 for KORE (KORE) indicate use of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.