Kenneth E. Miller - Mar 17, 2025 Form 4 Insider Report for KORU Medical Systems, Inc. (KRMD)

Role
Chief Commercial Officer
Signature
/s/ Kenneth E. Miller
Stock symbol
KRMD
Transactions as of
Mar 17, 2025
Transactions value $
-$6,259
Form type
4
Date filed
3/21/2025, 04:32 PM
Previous filing
Sep 30, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRMD Common Stock Options Exercise $0 +5.89K $0.00 5.89K Mar 17, 2025 Direct F1
transaction KRMD Common Stock Tax liability -$6.26K -2.17K -36.79% $2.89 3.73K Mar 17, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KRMD Restricted Stock Unit Options Exercise -5.89K -25% 17.7K Mar 17, 2025 Common Stock 5.89K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units.
F3 Each unit represents a right to receive one share of common stock underlying the vested award on the applicable vesting date.
F4 This restricted stock unit award was granted under the Issuer's 2024 Omnibus Equity Incentive Plan. The units comprising the award vest in equal increments on March 15, 2025 and each first, second and third anniversaries thereof (each, a vesting date). Shares were withheld to satisfy applicable tax withholding obligations.

Remarks:

The filing of this statement shall not be construed as an admission (a) that the person filing this statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this statement, or (b) that this statement is legally required to be filed by such person.