KORE (KORE) EVP & Chief Revenue Officer receives 3,706 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORE Group Holdings EVP & Chief Revenue Officer Jared Deith reported the vesting of equity awards tied to his compensation. On February 9, 2026, 3,706 Restricted Stock Units converted into 3,706 shares of KORE common stock at a price of $0 per share, reflecting no cash purchase.
Each RSU represented one share of common stock, and the RSUs vested in full on that date. After this transaction, Deith directly owned 454,298 shares of KORE common stock, showing his ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,706 shares exercised/converted
Mixed
2 txns
Insider
Deith Jared
Role
EVP & Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,706 | $0.00 | -- |
| Exercise | Common Stock | 3,706 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 454,298 shares (Direct)
Footnotes (1)
- Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs"). Each RSU represents a right to receive one share of the issuer's common stock. The reported RSUs vested in full on February 9, 2026.
FAQ
What insider transaction did KORE (KORE) report for Jared Deith?
KORE reported that EVP & Chief Revenue Officer Jared Deith acquired 3,706 shares of common stock through the vesting of Restricted Stock Units. These RSUs converted into common shares at $0 per share as part of his equity compensation package.
What triggered the 3,706 RSU conversion for KORE (KORE) EVP Jared Deith?
The conversion was triggered by the vesting of 3,706 Restricted Stock Units on February 9, 2026. Each RSU entitled Deith to receive one share of KORE common stock upon vesting, consistent with the terms of his stock-based compensation.
Were any KORE (KORE) derivative securities left after the RSU vesting?
No. Following the vesting and conversion of the 3,706 Restricted Stock Units into common stock, the number of derivative securities (RSUs) beneficially owned by Jared Deith was reported as zero, indicating this specific RSU grant is now fully settled.
What role does Jared Deith hold at KORE (KORE) in this Form 4?
In the Form 4, Jared Deith is identified as an officer of KORE, serving as Executive Vice President & Chief Revenue Officer. The reported RSU vesting and resulting share ownership reflect equity compensation tied to his executive position.