KRMD CEO receives 29,463 shares at $4.08; holdings 1,052,626
KORU Medical Systems (KRMD) reported an insider equity transaction.
Rhea-AI Filing Summary
KORU Medical Systems (KRMD) reported an insider equity transaction. On 10/16/2025, the President and CEO was issued 29,463 shares of common stock at $4.08 per share under her employment agreement as the stock portion of the 2024 annual bonus (30% stock, 70% cash).
Following the transaction, she beneficially owned 1,052,626 shares. This includes 200,000 restricted stock awards that vest based on a market capitalization schedule prior to 3/15/27, and 600,000 restricted stock awards that vest based on net sales growth targets for fiscal years ended 12/31/22 through 12/31/25.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,463 | $4.08 | $120K |
Footnotes (2)
- F1. 29,463 shares issued per her employment agreement for 2024 annual bonus earned, of which 70% was paid in cash and 30% paid in shares of common stock.
- F2. Includes 200,000 in restricted stock awards that vest based on a schedule of the Company's market capitalization prior to 3/15/27; Includes 600,000 in restricted stock awards that vest based on a schedule of the Company's net sales growth targets for each of the fiscal years ended 12/31/22 through 12/31/25.
FAQ
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What did KRMD's CEO acquire according to the Form 4?
What portion of the 2024 bonus was paid in stock for KRMD's CEO?
What restricted stock awards are included in the CEO's holdings at KRMD?
Is the filing made by one or multiple reporting persons at KRMD?
AI-generated analysis. How Rhea-AI works. Not financial advice.