Bo-Linn Cheemin of KORE (NYSE: KORE) receives 58,139 shares through full RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORE Group Holdings director Bo-Linn Cheemin received common shares through vesting of restricted stock units. On June 10, 2026, 58,139 restricted stock units converted into 58,139 shares of KORE common stock at no exercise price. Following this compensation-related transaction, Cheemin directly owns 141,505 shares of KORE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
58,139 shares exercised/converted
Mixed
2 txns
Insider
Bo-Linn Cheemin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 58,139 | $0.00 | -- |
| Exercise | Common Stock | 58,139 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 141,505 shares (Direct, null)
Footnotes (1)
- Shares issued upon vesting of restricted stock units ("RSUs") on June 10, 2026. Each RSU represents a right to receive one share of the issuer's common stock. The reported RSUs vested in full on June 10, 2026.
Key Figures
RSU shares vested: 58,139 shares
Shares received price: $0.00 per share
Shares held after transaction: 141,505 shares
+1 more
4 metrics
RSU shares vested
58,139 shares
Restricted stock units converted to common stock on June 10, 2026
Shares received price
$0.00 per share
Exercise or conversion price for RSU-to-share conversion
Shares held after transaction
141,505 shares
Direct KORE common stock ownership following June 10, 2026 transaction
Derivative transactions
1 transaction, 58,139 shares
Exercise or conversion of derivative security reported in Form 4
Key Terms
Restricted Stock Units, RSUs, derivative security, vested in full
4 terms
Restricted Stock Units financial
"Shares issued upon vesting of restricted stock units ("RSUs") on June 10, 2026."
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.
RSUs financial
"Each RSU represents a right to receive one share of the issuer's common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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.
vested in full financial
"The reported RSUs vested in full on June 10, 2026."
FAQ
What insider transaction did KORE (KORE) report for Bo-Linn Cheemin?
KORE reported that director Bo-Linn Cheemin acquired shares through RSU vesting. On June 10, 2026, 58,139 restricted stock units converted into 58,139 shares of common stock as part of equity compensation, with no cash exercise price involved.
What are Bo-Linn Cheemin’s KORE (KORE) holdings after this Form 4 transaction?
After the June 10, 2026 RSU vesting, Bo-Linn Cheemin directly holds 141,505 KORE common shares. This reflects the addition of 58,139 shares issued upon full vesting of her restricted stock units, as disclosed in the Form 4 filing.
Was the KORE (KORE) insider transaction a market purchase or sale?
The transaction was neither a market purchase nor a sale. It reflects the exercise or conversion of derivative securities, where 58,139 restricted stock units vested and automatically converted into the same number of KORE common shares as equity compensation.
What do the restricted stock unit (RSU) footnotes mean in KORE’s Form 4?
The footnotes explain that the reported RSUs each represented one KORE common share, were issued upon vesting on June 10, 2026, and vested in full on that date. This clarifies the transaction as standard equity compensation rather than an open-market trade.