Ronald Totton - Apr 29, 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role: President & CEO, Director
Signature: Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton
Stock symbol: KORE
Transactions as of: Apr 29, 2025
Transactions value $: -$37,174
Form type: 4
Date filed: 5/1/2025, 04:30 PM
Previous filing: Aug 16, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KORE	Common Stock	Options Exercise	$0	+50K		$0.00	50K	Apr 29, 2025	Direct	F1
transaction	KORE	Common Stock	Tax liability	-$37.2K	-15.1K	-30.1%	$2.47	35K	Apr 29, 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	KORE	Restricted Stock Units	Options Exercise	$0	-50K	-100%	$0.00	0	Apr 29, 2025	Common Stock	50K		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issued upon vesting of restricted stock units ("RSUs") on April 29, 2025.
F2	Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
F3	Each RSU represents a right to receive one share of the issuer's common stock.
F4	The reported RSUs vested in full on April 29, 2025.
F5	Effective on July 1, 2024, the Issuer effected a 1 to 5 reverse stock split of its common stock (the "Reverse Stock Split"). The number of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.