KORE CFO reports RSU vesting and tax share surrender

KORE Group Holdings executive John Anthony Bellomo, the company’s Executive Vice President, Chief Financial Officer and Treasurer, reported routine equity compensation activity.

Rhea-AI Filing Summary

KORE Group Holdings executive John Anthony Bellomo, the company’s Executive Vice President, Chief Financial Officer and Treasurer, reported routine equity compensation activity. On June 2, 2026, 25,000 Restricted Stock Units (RSUs) vested, each converting into one share of KORE common stock.

To cover tax withholding obligations at vesting, 13,718 of these shares were surrendered back to the issuer, leaving Bellomo with 11,282 shares of common stock from this vesting event. Following the transaction, he also holds 50,000 RSUs that are scheduled to vest in two equal installments on June 2, 2027 and June 2, 2028, assuming continued employment.

Insider Trade Summary

25,000 shares exercised/converted

Exercise 3 txns

Insider Bellomo John Anthony

Role Exec. Vice Pres., CFO & Treas.

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	25,000	$0.00	$0.00
Exercise	Common Stock	25,000	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	13,718	$9.19	$126K

Holdings After Transaction: Restricted Stock Units — 50,000 contracts (Direct); Common Stock — 11,282 shares (Direct)

Footnotes (4)

1. F1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
2. F2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
3. F3. Each RSU represents a right to receive one share of the issuer's common stock.
4. F4. The remaining reported RSUs will vest in two equal installments on each of June 2, 2027 and June 2, 2028, assuming the continuous employment or service of the reporting person with the issuer.

Key Figures

RSUs vested: 25,000 units Shares surrendered for taxes: 13,718 shares Net shares from vesting: 11,282 shares +3 more

6 metrics

RSUs vested 25,000 units Converted into common stock on June 2, 2026

Shares surrendered for taxes 13,718 shares Tax withholding upon RSU vesting

Net shares from vesting 11,282 shares Common stock remaining after tax surrender

Remaining RSUs 50,000 units Outstanding after this transaction

Future vesting dates June 2, 2027 & June 2, 2028 Remaining RSUs vest in two equal installments

Tax value per share $9.19 per share Share value used for tax-withholding disposition

Key Terms

Restricted Stock Units, tax withholding obligations, vest, derivative exercise/conversion, +1 more

5 terms

Restricted Stock Units financial

"Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs")."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations."

vest financial

"The remaining reported RSUs will vest in two equal installments on each of June 2, 2027 and June 2, 2028."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did KORE (KORE) CFO John Bellomo report?

KORE CFO John Bellomo reported RSU vesting that converted 25,000 RSUs into common shares. As part of the same event, some shares were surrendered to cover tax withholding obligations, making this a routine compensation and tax transaction rather than an open-market trade.

How many KORE (KORE) shares were withheld for taxes in this Form 4?

A total of 13,718 KORE common shares were surrendered to satisfy tax withholding obligations upon RSU vesting. This tax-withholding disposition is coded as an F transaction and does not represent an open-market sale to outside investors.

How many Restricted Stock Units does the KORE (KORE) CFO still hold?

After this transaction, John Bellomo holds 50,000 Restricted Stock Units. According to the disclosure, these remaining RSUs will vest in two equal installments on June 2, 2027 and June 2, 2028, contingent on his continued employment with KORE.

What does the RSU vesting mean for KORE (KORE) share count for the CFO?

The vesting converted 25,000 RSUs into KORE common shares. Of these, 13,718 shares were surrendered for taxes, leaving 11,282 shares from this award in the CFO’s direct holdings, reflecting routine equity compensation rather than discretionary buying or selling.

Was there any open-market buying or selling by the KORE (KORE) CFO?

No open-market trades were reported. The filing shows an M code exercise of RSUs into common shares and an F code surrender of shares for tax withholding, both standard equity compensation mechanics rather than market purchases or sales.

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

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Accepted by SEC EDGAR 06/03/2026 - 05:51 PM EDT Learn about SEC filing dates

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

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^*

Bellomo John Anthony

(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)
	Exec. Vice Pres., CFO & Treas.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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	06/02/2026		M		25,000	A	$0(1)	25,000	D
Common Stock	06/02/2026		F		13,718	D	$9.19(2)	11,282	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
Restricted Stock Units(3)	(4)	06/02/2026		M			25,000	(3)(4)	(3)	Common Stock	25,000	$0	50,000	D

Explanation of Responses:

1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").

2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.

3. Each RSU represents a right to receive one share of the issuer's common stock.

4. The remaining reported RSUs will vest in two equal installments on each of June 2, 2027 and June 2, 2028, assuming the continuous employment or service of the reporting person with the issuer.

Remarks:

	Jack W. Kennedy Jr., Attorney-in-Fact for John Anthony Bellomo	06/03/2026
	** 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)