KORU Medical (KRMD) director Matin Shahriar receives 3,571-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems director Matin Shahriar received a grant of common stock as part of equity compensation. On the reported date, Shahriar acquired 3,571 shares of KORU Medical Systems, Inc. common stock at $4.20 per share in a non-derivative award transaction.
Following this grant, Shahriar directly holds 101,144 shares of KORU Medical Systems common stock. This filing reflects a stock award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Matin Shahriar
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,571 | $4.20 | $15K |
Holdings After Transaction:
Common Stock — 101,144 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 3,571 shares
Grant price: $4.20 per share
Shares owned after grant: 101,144 shares
3 metrics
Shares granted
3,571 shares
Non-derivative stock award to director Matin Shahriar
Grant price
$4.20 per share
Value per share for the 3,571-share stock grant
Shares owned after grant
101,144 shares
Direct holdings after the reported transaction
Key Terms
Grant, award, or other acquisition, non-derivative, Common Stock
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
non-derivative financial
"transaction_type: non-derivative"
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.
FAQ
What insider transaction did KRMD director Matin Shahriar report on this Form 4?
Director Matin Shahriar reported receiving a stock grant of 3,571 shares of KORU Medical Systems common stock. The shares were awarded at $4.20 per share as a non-derivative equity compensation transaction, not an open-market trade.
Was the KRMD insider transaction a stock purchase or a compensation grant?
The KRMD insider transaction was a compensation grant, not an open-market purchase. Transaction code A denotes a “Grant, award, or other acquisition,” meaning the 3,571 shares were awarded to director Matin Shahriar rather than bought in the market.
Does the KRMD Form 4 for Matin Shahriar involve any derivative securities or options?
No, the reported KRMD transaction involves non-derivative common stock only. The filing shows a direct grant of 3,571 shares, and the derivative summary section is empty, indicating no options, warrants, or other derivative securities in this specific report.