KORU Medical (KRMD) CEO reports RSU vesting and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems Chief Executive Officer Linda M. Tharby reported routine equity compensation activity. On May 14, she acquired 13,977 shares of common stock through the vesting of restricted stock units, while 7,326 shares were withheld at $3.94 per share to cover tax obligations.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tharby Linda M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 13,977 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,326 | $3.94 | $29K |
Holdings After Transaction:
Common Stock — 626,757 shares (Direct, null)
Footnotes (1)
- Represents common stock issued upon vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting. Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 7,326 shares
Tax withholding price: $3.94 per share
RSU shares vested: 13,977 shares
3 metrics
Shares withheld for taxes
7,326 shares
Withheld to satisfy tax obligations on RSU vesting at $3.94 per share
Tax withholding price
$3.94 per share
Value used for 7,326 shares withheld to cover tax obligations
RSU shares vested
13,977 shares
Common stock issued upon vesting of restricted stock units
Key Terms
restricted stock units, tax obligations, Form 4
3 terms
restricted stock units financial
"Represents common stock issued upon vesting of 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.
tax obligations financial
"Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units."
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 transactions did KRMD CEO Linda Tharby report on this Form 4?
Linda Tharby reported the vesting of restricted stock units into 13,977 shares of common stock and the withholding of 7,326 shares to cover tax obligations. These transactions reflect routine equity compensation and tax settlement rather than open-market buying or selling activity.
Does this Form 4 indicate a change in Linda Tharby’s investment view of KRMD?
The Form 4 reflects equity compensation vesting and related tax withholding, not discretionary buying or selling. Such transactions are typically mechanical and tied to award schedules, so they do not by themselves indicate a change in the CEO’s view of the stock.