KORU Medical CTO granted stock and options
KORU Medical Systems reported that its Chief Technology Officer, Eric Schiller, received new equity awards on January 2, 2026.
Rhea-AI Filing Summary
KORU Medical Systems reported that its Chief Technology Officer, Eric Schiller, received new equity awards on January 2, 2026. He was granted 76,426 shares of common stock at a price of $0, described as restricted stock issued as an employment inducement award that will vest 25% annually starting on January 2, 2027. He was also granted an option to buy 232,297 shares of common stock with an exercise price of $5.7 per share, with one-fourth of the option scheduled to vest on January 2, 2027 and on each of the first, second and third anniversaries of that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to buy Common Stock | 232,297 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 76,426 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of restricted stock issued as an employment inducement award that vest 25% annually commencing January 2, 2027, subject to acceleration as provided in his employment agreement.
- F2. One-fourth will vest on January 2, 2027 and on each first, second and third anniversary thereof, subject to acceleration as provided in his employment agreement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KRMD report for its CTO?
What stock option grant did KRMD’s CTO receive according to the Form 4?
What is the vesting schedule for the KRMD stock options granted to the CTO?
Does the Form 4 indicate whether the CTO owns these KRMD awards directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.