Director at KORU Medical (KRMD) receives 3,571-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CASCELLA ROBERT reported acquisition or exercise transactions in this Form 4 filing.
KORU Medical Systems director Robert Cascella received a grant of 3,571 shares of Common Stock at $4.20 per share as a compensation-related award. After this Form 4 transaction, he directly owns 98,155 shares of KORU Medical Systems common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CASCELLA ROBERT
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,571 | $4.20 | $15K |
Holdings After Transaction:
Common Stock — 98,155 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 3,571 shares
Grant price: $4.20 per share
Shares owned after grant: 98,155 shares
3 metrics
Shares granted
3,571 shares
Common Stock award to director Robert Cascella
Grant price
$4.20 per share
Value used for the 3,571-share stock award
Shares owned after grant
98,155 shares
Total direct holdings following the Form 4 transaction
Key Terms
Common Stock, grant/award acquisition, Form 4
3 terms
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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition""
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 did KRMD director Robert Cascella report in this Form 4 filing?
Robert Cascella reported receiving a grant of 3,571 KORU Medical Systems common shares. The stock was awarded at $4.20 per share, increasing his direct holdings to 98,155 shares following the transaction, according to the Form 4 insider filing.
What is the price associated with the KRMD stock award to the director?
The KRMD stock award to director Robert Cascella is recorded at $4.20 per share. This price applies to the 3,571 common shares granted to him, as disclosed in the Form 4, and is used to value the compensation-related equity award.
Does the Form 4 for KRMD indicate any stock sales by the director?
The Form 4 for KORU Medical Systems shows no stock sales by Robert Cascella. It only reports an acquisition through a grant of 3,571 common shares at $4.20 per share, bringing his direct ownership to a total of 98,155 shares.