KORE director exits stake at $9.25 in merger
KORE Group Holdings director James E. Geisler reported a disposition to the issuer of 139,705 shares of common stock on July 21, 2026.
Sentiment and the balance of points
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 139,705 | $9.25 | $1.29M |
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
Disposition to issuer financial
Merger Sub regulatory
FAQ
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What insider transaction did KORE (KORE) report for James E. Geisler?
Was James E. Geisler’s KORE (KORE) transaction part of a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.