STOCK TITAN

KORE Group Holdings (NYSE: KORE) EVP updates stake after RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KORE Group Holdings, Inc. executive Jack William Kennedy Jr., EVP, Chief Legal Officer & Secretary, exercised 8,000 Restricted Stock Units into 8,000 shares of common stock on May 22, 2026. In a related tax-withholding disposition, 2,336 common shares were surrendered at $9.18 per share. After these transactions, he directly holds 50,326 shares of KORE common stock. Remaining reported RSUs are scheduled to vest on May 22, 2027, assuming his continuous employment or service.

Positive

  • None.

Negative

  • None.
Insider Kennedy Jack William Jr.
Role EVP, Chief Legal Officer & Sec
Type Security Shares Price Value
Exercise Restricted Stock Units 8,000 $0.00 $0.00
Exercise Common Stock 8,000 $0.00 $0.00
Exercise Price or Tax Liability Common Stock 2,336 $9.18 $21K
Holdings After Transaction: Restricted Stock Units — 8,000 shares (Direct); Common Stock — 50,326 shares (Direct)
Footnotes (4)
  1. F1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
  2. F2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
  3. F3. Each RSU represents a right to receive one share of the issuer's common stock.
  4. F4. The remaining reported RSUs will vest in full on May 22, 2027, assuming the continuous employment or service of the reporting person with the issuer.
RSUs Exercised 8,000 units Restricted Stock Units vested and converted into common stock on May 22, 2026
Common Shares Acquired from RSUs 8,000 shares Shares of KORE common stock received upon vesting of RSUs
Shares Surrendered for Taxes 2,336 shares Common stock surrendered in a tax-withholding disposition related to RSU vesting
Tax Withholding Price $9.18 per share Price applied to 2,336 common shares surrendered for tax withholding obligations
Post-Transaction Common Holdings 50,326 shares Direct holdings of KORE common stock after the reported transactions
Remaining RSU Vesting Date May 22, 2027 Remaining reported RSUs scheduled to vest, assuming continuous employment or service
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."
continuous employment or service financial
"will vest in full on May 22, 2027, assuming the continuous employment or service of the reporting person"

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FAQ

What did KORE (KORE) EVP Jack William Kennedy Jr. do in this Form 4?

He exercised 8,000 Restricted Stock Units into common stock and had 2,336 shares surrendered for taxes. Following these equity transactions, he directly holds 50,326 shares of KORE Group Holdings, Inc. common stock.

How many KORE (KORE) shares does Jack William Kennedy Jr. hold after the reported transactions?

After the reported RSU exercise and tax-withholding disposition, he directly holds 50,326 shares of KORE common stock. This post-transaction balance reflects his updated equity position as an executive of KORE Group Holdings, Inc.

What RSU activity did KORE (KORE) report for Jack William Kennedy Jr.?

KORE reported that he exercised 8,000 Restricted Stock Units, each representing a right to receive one share of common stock. These RSUs vested on May 22, 2026, increasing his direct common stock holdings before tax-related share surrender.

How many KORE (KORE) shares were surrendered for tax withholding in this filing?

The filing shows a tax-withholding disposition of 2,336 common shares at a price of $9.18 per share. These shares were surrendered in connection with RSU vesting to satisfy tax withholding obligations.

When will the remaining RSUs for KORE (KORE) EVP Jack William Kennedy Jr. vest?

The remaining reported Restricted Stock Units are expected to vest in full on May 22, 2027, assuming the continuous employment or service of Jack William Kennedy Jr. with KORE Group Holdings, Inc.
SEC Form 4
FORM 4UNITED 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).
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*
Kennedy Jack William Jr.

(Last)(First)(Middle)
1155 PERIMETER CENTER WEST, 11TH FLOOR
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal Officer & Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M8,000A$0(1)52,662D
Common Stock05/22/2026F2,336D$9.18(2)50,326D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)(4)05/22/2026M8,000 (3)(4) (3)Common Stock8,000$08,000D
Explanation of Responses:
1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
3. Each RSU represents a right to receive one share of the issuer's common stock.
4. The remaining reported RSUs will vest in full on May 22, 2027, assuming the continuous employment or service of the reporting person with the issuer.
Remarks:
Jack William Kennedy Jr.05/28/2026
** Signature of Reporting PersonDate
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)