KORU Medical (KRMD) CCO vests 75,000 RSUs and withholds shares for taxes
Rhea-AI Filing Summary
KORU Medical Systems, Inc. reported that Chief Commercial Officer Adam R. Kalbermatten had 75,000 shares of common stock delivered on July 28, 2026 upon vesting of previously granted restricted stock units, each converting into one share. On the same date, 25,483 shares were withheld at $4.26 per share to satisfy tax obligations related to the vesting. The transactions were reported as direct holdings and not under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 49,517 shares
Net Buy
2 txns
Insider
KALBERMATTEN ADAM R
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock F1 | 75,000 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 25,483 | $4.26 | $109K |
Holdings After Transaction:
Common Stock — 362,017 shares (Direct)
Footnotes (2)
- F1. Represents shares of common stock delivered upon vesting of previously granted restricted stock units. Each restricted stock unit converts to one share of common stock upon vesting.
- F2. Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units.
Key Figures
Shares acquired via RSU vesting: 75,000 shares of common stock
Shares withheld for taxes: 25,483 shares of common stock
Tax withholding price: $4.26 per share
3 metrics
Shares acquired via RSU vesting
75,000 shares of common stock
Delivered on July 28, 2026 upon vesting of previously granted restricted stock units
Shares withheld for taxes
25,483 shares of common stock
Withheld on July 28, 2026 to satisfy tax obligations upon RSU vesting
Tax withholding price
$4.26 per share
Per-share value used for shares withheld to satisfy tax obligations
Key Terms
restricted stock units, beneficial owner, Section 16 of the Securities Exchange Act of 1934, Power of Attorney
4 terms
restricted stock units financial
"Represents shares of common stock delivered upon vesting of previously granted restricted stock units."
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.
beneficial owner regulatory
"shall not be construed as an admission ... the beneficial owner of any equity securities"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
Power of Attorney regulatory
"Power of Attorney has been previously filed."
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transaction did KORU Medical Systems (KRMD) disclose for its CCO?
KORU Medical Systems (KRMD) disclosed that its Chief Commercial Officer, Adam R. Kalbermatten, received 75,000 shares of common stock on July 28, 2026 from the vesting of previously granted restricted stock units, with a separate share withholding to cover associated tax obligations.
Were the KORU Medical (KRMD) insider transactions reported under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, indicating the reported transactions for Adam R. Kalbermatten on July 28, 2026 were not affirmed as being executed pursuant to a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
What does the Form 4 say about the nature of Adam R. Kalbermatten’s ownership in KRMD?
The Form 4 reports the transactions as direct ownership of KORU Medical common stock. A remark clarifies the filing should not be construed as an admission that Adam R. Kalbermatten is the beneficial owner of the equity securities covered for Section 16 purposes.