KORU Medical Systems (KRMD) CFO buys 5,500 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems, Inc. Chief Financial Officer Thomas Edward Adams bought additional company stock in the open market. He purchased a total of 5,500 shares of common stock in two open-market transactions, paying $3.90 and $3.86 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,500 shares ($21,248)
Net Buy
2 txns
Insider
Adams Thomas Edward
Role
Chief Financial Officer
Bought
5,500 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,041 | $3.86 | $19K |
| Purchase | Common Stock | 459 | $3.90 | $2K |
Holdings After Transaction:
Common Stock — 307,688 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased (trade 1): 459 shares
Price per share (trade 1): $3.90/share
Shares purchased (trade 2): 5,041 shares
+2 more
5 metrics
Shares purchased (trade 1)
459 shares
Open-market purchase of common stock at $3.90 per share
Price per share (trade 1)
$3.90/share
Open-market purchase of 459 common shares
Shares purchased (trade 2)
5,041 shares
Open-market purchase of common stock at $3.86 per share
Price per share (trade 2)
$3.86/share
Open-market purchase of 5,041 common shares
Total shares bought
5,500 shares
Net open-market purchases reported in transaction summary
Key Terms
open-market purchase, non-derivative, Form 4, transaction code P
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for both common stock trades"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type is "non-derivative" for both common stock transactions"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the CFO’s transactions"
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.
transaction code P financial
"transaction_code: "P" with description "Purchase in open market or private transaction""
FAQ
What insider transaction did KRMD CFO Thomas Edward Adams report?
Thomas Edward Adams reported buying KORU Medical Systems common stock. He executed two open-market purchases totaling 5,500 shares, showing additional personal exposure to KRMD equity at prices between $3.86 and $3.90 per share.
What type of transactions were reported in this KRMD Form 4?
All reported transactions were open-market purchases of common stock. The filing classifies both entries as non-derivative transactions with code P, indicating standard open-market or private purchase activity rather than option exercises or derivative conversions.
Does the KRMD Form 4 show any stock sales by the CFO?
The Form 4 does not show any stock sales by the CFO. It reports two open-market purchases totaling 5,500 common shares, with no dispositions, gifts, tax withholdings, or derivative exercises listed in the transaction summary.