KORE Group (NYSE: KORE) CRO cashes out 478,617 shares at $9.25

Rhea-AI Filing Summary

KORE Group Holdings, Inc. executive Jared Deith, EVP & Chief Revenue Officer, disposed of 478,617 shares of common stock in a disposition to the issuer on July 21, 2026. In connection with the consummation of transactions under an Agreement and Plan of Merger dated February 26, 2026 among the company, KONA Parent, L.P. and KONA Merger Sub Co., each share was converted into the right to receive $9.25 in cash. Following this conversion, Deith reported holding 0 shares of KORE common stock.

Insider Trade Summary

Net Seller: 478,617 shares

Net Sell 1 txn

Insider Deith Jared

Role EVP & Chief Revenue Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	478,617	$9.25	$4.43M

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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

Shares disposed: 478,617 shares Cash consideration per share: $9.25 per share Shares held after transaction: 0 shares +2 more

5 metrics

Shares disposed 478,617 shares Common stock returned to the issuer on July 21, 2026 by Jared Deith

Cash consideration per share $9.25 per share Amount each share was converted into under the merger agreement

Shares held after transaction 0 shares KORE common stock holdings reported by Jared Deith following the disposition

Merger Agreement date February 26, 2026 Date of the Agreement and Plan of Merger referenced in the footnote

Transaction date July 21, 2026 Date on which the disposition to the issuer was reported

Key Terms

Agreement and Plan of Merger, disposition to issuer, right to receive an amount in cash

3 terms

Agreement and Plan of Merger regulatory

"consummation of the transactions contemplated by the Agreement and Plan of Merger"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

disposition to issuer financial

"Transaction code D is described as a disposition to issuer of common stock"

right to receive an amount in cash financial

"each share held was converted into the right to receive an amount in cash equal to $9.25"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/23/2026 - 04:53 PM Accepted by SEC EDGAR 07/23/2026 - 04:52 PM Learn about SEC filing dates

FAQ

What transaction did KORE (KORE) executive Jared Deith report?

Jared Deith reported a disposition of 478,617 shares of KORE common stock to the issuer as part of a merger. The shares were converted into the right to receive $9.25 per share in cash under an Agreement and Plan of Merger with KONA Parent, L.P.

How many KORE (KORE) shares did Jared Deith dispose of and at what cash amount?

He disposed of 478,617 shares of KORE common stock, with each share converted into the right to receive $9.25 in cash. This occurred in connection with the consummation of transactions under a merger agreement involving KONA Parent, L.P. and KONA Merger Sub Co.

What merger is associated with Jared Deiths KORE (KORE) share disposition?

The disposition is tied to an Agreement and Plan of Merger dated February 26, 2026 among KORE Group Holdings, KONA Parent, L.P. and KONA Merger Sub Co. Upon consummation of the merger transactions, each of Deiths shares was converted into a cash right at $9.25 per share.

Does Jared Deith still own KORE (KORE) common stock after this transaction?

No. Following the merger-related conversion, Jared Deith reported holding 0 shares of KORE common stock. His previously held 478,617 shares were all converted into the right to receive cash consideration at $9.25 per share in the issuer transaction.

Was Jared Deiths KORE (KORE) transaction made under a Rule 10b5-1 trading plan?

The disclosure indicates the Rule 10b5-1 plan checkbox was not selected for this transaction. Instead, the footnote explains that the disposition arose from consummation of a merger agreement, where each share was converted into a cash right at $9.25 per share.

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

X

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^*

Deith Jared

(Last) (First) (Middle)

1155 PERIMETER CENTER WEST, 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/21/2026		D(1)		478,617	D	$9.25(1)	0	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

Explanation of Responses:

1. 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.

Remarks:

	Jack W. Kennedy Jr., Attorney-in-Fact for Jared Deith	07/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)