KORE EVP Exercises 8,000 RSUs, Holds 50,326 Shares
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.
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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.
Insider Trade Summary
| 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 |
Footnotes (4)
- F1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
- F2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
- F3. Each RSU represents a right to receive one share of the issuer's common stock.
- 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
continuous employment or service financial
FAQ
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What did KORE (KORE) EVP Jack William Kennedy Jr. do in this Form 4?
What RSU activity did KORE (KORE) report for Jack William Kennedy Jr.?
When will the remaining RSUs for KORE (KORE) EVP Jack William Kennedy Jr. vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.