KORU Medical (KRMD) grants RSUs, PSUs and options to President
Rhea-AI Filing Summary
KORU Medical Systems reported that its President and Chief Commercial Officer, Adam R. Kalbermatten, received new equity awards as part of his compensation. He was granted 45,098 restricted stock units and 45,098 performance stock units, each representing the right to receive one share of common stock upon vesting.
The restricted stock units vest in equal annual installments beginning on March 17, 2027. The performance stock units vest based on achievement of performance conditions measured as of December 31, 2028, with potential payout ranging from 0% to 150% of the 45,098 target units, or fully upon a change in control before that date.
He also received options to buy 67,779 shares of common stock at an exercise price of $4.35 per share, expiring on March 17, 2036. All transactions are grants or awards, not open-market purchases or sales.
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FAQ
What insider transaction did KRMD report for Adam R. Kalbermatten?
How many restricted and performance stock units did KRMD grant to Adam R. Kalbermatten?
How do Adam R. Kalbermatten’s performance stock units at KRMD vest?
What are the key terms of Adam R. Kalbermatten’s KRMD stock option grant?
Are Adam R. Kalbermatten’s KRMD Form 4 transactions market buys or sells?