KORE Group director (NYSE: KORE) cashed out at $9.25 per share in merger

Rhea-AI Filing Summary

KORE Group Holdings director James E. Geisler reported a disposition to the issuer of 139,705 shares of common stock on July 21, 2026. In connection with the closing of a merger under an Agreement and Plan of Merger, each share was converted into the right to receive $9.25 in cash, and he now reports zero directly held shares.

Insider Trade Summary

Net Seller: 139,705 shares

Net Sell 1 txn

Insider GEISLER JAMES E

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock F1	139,705	$9.25	$1.29M

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: 139,705 shares Cash per share: $9.25 per share Shares held after: 0 shares +1 more

4 metrics

Shares disposed 139,705 shares Common stock disposed to issuer on July 21, 2026

Cash per share $9.25 per share Each share converted into the right to receive cash in merger

Shares held after 0 shares Directly owned common shares reported following the transaction

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

Key Terms

Agreement and Plan of Merger, Disposition to issuer, Merger Sub

3 terms

Agreement and Plan of Merger regulatory

"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 description "Disposition to issuer""

Merger Sub regulatory

"by and among the Issuer, KONA Parent, L.P. and KONA Merger Sub Co."

A merger sub is a temporary, wholly owned subsidiary that an acquiring company creates to carry out a merger with another firm. Think of it as a wrapper used to combine two businesses—this can simplify legal and tax steps, isolate liabilities, and help preserve the target’s contracts or stock structure, so investors watch it because the chosen approach affects deal mechanics, shareholder votes, potential dilution, and legal or tax risk.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/23/2026 - 04:54 PM Accepted by SEC EDGAR 07/23/2026 - 04:54 PM Learn about SEC filing dates

FAQ

What insider transaction did KORE (KORE) report for James E. Geisler?

KORE reported that director James E. Geisler disposed of 139,705 shares of common stock in a transaction coded as a "Disposition to issuer". This occurred as part of the closing of a merger, rather than an open-market trade.

At what price were James E. Geisler’s KORE (KORE) shares converted?

Each of James E. Geisler’s KORE shares was converted into the right to receive $9.25 in cash. This cash consideration was set under the Agreement and Plan of Merger involving the issuer, KONA Parent, L.P. and KONA Merger Sub Co.

How many KORE (KORE) shares did James E. Geisler hold after the merger-related transaction?

After the merger-related disposition, James E. Geisler reported holding 0 shares of KORE common stock directly. The Form 4 states a total of 0.0000 shares following the transaction, indicating his direct common stock position was fully cashed out.

Was James E. Geisler’s KORE (KORE) transaction part of a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not affirmed, and the footnote instead links the transaction to the consummation of a merger. It describes a structural conversion into cash, not a pre-arranged trading-plan sale in the open market.

What merger agreement affected James E. Geisler’s KORE (KORE) shares?

His shares were converted under an Agreement and Plan of Merger dated February 26, 2026, among the issuer, KONA Parent, L.P. and KONA Merger Sub Co. This agreement provided for cash consideration of $9.25 per KORE common 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^*

GEISLER JAMES E

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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)		139,705	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 James E. Geisler	07/23/2026
	** 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)