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[Form 4] KORE Group Holdings, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

KORE Group Holdings EVP and Chief Legal Officer Jack William Kennedy Jr. reported routine equity compensation activity involving restricted stock units. On May 22, 2026, he exercised 8,000 restricted stock units, receiving the same number of common shares. To cover tax obligations upon vesting, 2,336 common shares were surrendered back to the issuer at $9.18 per share, a tax-withholding disposition rather than an open-market sale.

After these transactions, he directly held 52,662 shares of common stock. The filing also shows 8,000 restricted stock units remaining outstanding, which, according to the disclosure, will vest in full on May 22, 2027, assuming his continuous employment or service with KORE Group Holdings.

Positive

  • None.

Negative

  • None.
Insider Kennedy Jack William Jr.
Role EVP, Chief Legal Officer & Sec
Type Security Shares Price Value
Exercise Restricted Stock Units 8,000 $0.00 --
Exercise Common Stock 8,000 $0.00 --
Tax Withholding Common Stock 2,336 $9.18 $21K
Holdings After Transaction: Restricted Stock Units — 8,000 shares (Direct, null); Common Stock — 52,662 shares (Direct, null)
Footnotes (1)
  1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs"). Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations. Each RSU represents a right to receive one share of the issuer's common stock. The remaining reported RSUs will vest in full on May 22, 2027, assuming the continuous employment or service of the reporting person with the issuer.
RSUs exercised 8,000 units Restricted stock units converted to common stock on May 22, 2026
Shares surrendered for taxes 2,336 shares Common stock surrendered to satisfy tax withholding at vesting
Tax withholding price $9.18 per share Price used for tax-withholding disposition of 2,336 shares
Common shares after transaction 52,662 shares Direct KORE common stock holdings following the reported transactions
RSUs remaining 8,000 units Restricted stock units scheduled to vest on May 22, 2027
Restricted Stock Units financial
"Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest in full financial
"The remaining reported RSUs will vest in full on May 22, 2027"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kennedy Jack William Jr.
(Last)(First)(Middle)
1155 PERIMETER CENTER WEST, 11TH FLOOR
11TH FLOOR
(Street)
ATLANTA GEORGIA 30338
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
KORE Group Holdings, Inc. [ KORE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal Officer & Sec
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M8,000A$0(1)52,662D
Common Stock05/22/2026F2,336D$9.18(2)50,326D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(3)(4)05/22/2026M8,000 (3)(4) (3)Common Stock8,000$08,000D
Explanation of Responses:
1. Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
2. Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
3. Each RSU represents a right to receive one share of the issuer's common stock.
4. The remaining reported RSUs will vest in full on May 22, 2027, assuming the continuous employment or service of the reporting person with the issuer.
Remarks:
Jack William Kennedy Jr.05/28/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did KORE EVP Jack Kennedy report on this Form 4?

Jack Kennedy reported routine equity compensation activity, exercising 8,000 restricted stock units into common shares and surrendering 2,336 shares to cover tax withholding. These were not open-market trades but standard vesting and tax-settlement transactions under KORE Group Holdings' compensation programs.

How many KORE common shares does Jack Kennedy hold after the reported transactions?

After the reported transactions, Jack Kennedy directly holds 52,662 shares of KORE common stock. This figure reflects the net result after exercising 8,000 restricted stock units and surrendering 2,336 shares for tax withholding related to the vesting event on May 22, 2026.

Were any of Jack Kennedy’s KORE share transactions open-market sales or purchases?

No, the filing does not show open-market sales or purchases. It shows a derivative exercise of 8,000 restricted stock units and a tax-withholding disposition of 2,336 shares used to satisfy tax obligations upon vesting, which is a common non-market mechanism.

What does the tax-withholding disposition of 2,336 KORE shares mean for investors?

The tax-withholding disposition of 2,336 KORE shares represents shares surrendered to satisfy tax obligations, not a discretionary sale. This type of transaction is typical when restricted stock units vest and generally signals administrative tax settlement rather than a change in the insider’s market view.

What future vesting of KORE restricted stock units is disclosed for Jack Kennedy?

The disclosure notes that the remaining reported 8,000 restricted stock units will vest in full on May 22, 2027, assuming Jack Kennedy’s continuous employment or service with KORE. This provides a clear schedule for when additional common shares may be delivered under his existing equity award.