Jack William Kennedy Jr. - May 22, 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Signature
Jack William Kennedy Jr.
Stock symbol
KORE
Transactions as of
May 22, 2025
Transactions value $
-$5,396
Form type
4
Date filed
5/28/2025, 04:46 PM
Previous filing
May 28, 2025
Next filing
Jul 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kennedy Jack William Jr. EVP, Chief Legal Officer & Sec 3 RAVINIA DR NE, SUITE 500, ATLANTA Jack William Kennedy Jr. 2025-05-28 0001588345

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +8K +28.04% $0.00 36.5K May 22, 2025 Direct F1
transaction KORE Common Stock Tax liability -$5.4K -2.34K -6.4% $2.31 34.2K May 22, 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 -8K -33.33% $0.00 16K May 22, 2025 Common Stock 8K 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 of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
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 remaining RSUs will vest in two equal installments on each of May 22, 2026 and May 22, 2027.
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 amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.