KORU Medical (KRMD) CTO acquires 5,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems, Inc. Chief Technology Officer Eric Schiller purchased Common Stock in the open market. On May 18, 2026, he bought 5,000 shares at an average price of $3.9125 per share. Following this transaction, he directly owns 5,000 shares of KORU Medical Systems common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($19,563)
Net Buy
1 txn
Insider
Schiller Eric
Role
Chief Technology Officer
Bought
5,000 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $3.9125 | $20K |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $3.9125 per share
Shares owned after transaction: 5,000 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market purchase of Common Stock on May 18, 2026
Purchase price
$3.9125 per share
Average price for May 18, 2026 open-market buy
Shares owned after transaction
5,000 shares
Direct holdings following the May 18, 2026 purchase
Net buy shares
5,000 shares
Net result of reported Form 4 transactions
Key Terms
open-market purchase, Common Stock, Form 4
3 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did KRMD CTO Eric Schiller report on this Form 4?
Eric Schiller reported an open-market purchase of KORU Medical Systems Common Stock. He bought 5,000 shares on May 18, 2026 at an average price of $3.9125 per share, and now directly holds 5,000 shares after the transaction.
Was the KRMD CTO’s Form 4 transaction a buy or a sell?
The Form 4 reports a buy transaction by the KRMD CTO. It is classified as an open-market purchase (transaction code P), where he acquired 5,000 shares of Common Stock at an average price of $3.9125 per share on May 18, 2026.
Does the KRMD Form 4 filing show any derivative securities for the CTO?
This Form 4 does not list any derivative security transactions for the CTO. The reported activity involves only non-derivative Common Stock, specifically an open-market purchase of 5,000 shares, with no options, warrants, or other derivatives reported in the filing’s transaction summary.