Insider group in KORU Medical Systems (KRMD) awarded 3,472 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Manko Joseph M. Jr. reported acquisition or exercise transactions in this Form 4 filing.
KORU Medical Systems insiders reported a new share award. On March 31, 2026, Horton Capital Partners Fund, L.P., a 10% owner, received a grant of 3,472 shares of KORU Medical Systems common stock at no cost, increasing its indirectly held position to 5,065,970 shares.
The filing also shows a separate direct holding of 500,200 common shares reported by the insider group as of the same date, providing context for their overall ownership stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Manko Joseph M. Jr., Horton Capital Management, LLC, Horton Capital Partners, LLC, Horton Capital Partners Fund, L.P.
Role
Director, 10% Owner | 10% Owner | 10% Owner | 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,472 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,065,970 shares (Indirect, By Horton Capital Partners Fund, LP);
Common Stock — 500,200 shares (Direct)
Footnotes (1)
- See Exhibit 99.1 to this Form 4 for explanation of note (1). See Exhibit 99.1 to this Form 4 for explanation of note (2).
Key Figures
Share grant: 3,472 shares
Grant price: $0.00 per share
Indirect holdings: 5,065,970 shares
+1 more
4 metrics
Share grant
3,472 shares
Common Stock grant on March 31, 2026
Grant price
$0.00 per share
Reported transaction price for 3,472-share award
Indirect holdings
5,065,970 shares
Total Common Stock held indirectly by Horton Capital Partners Fund after grant
Direct holdings
500,200 shares
Common Stock directly held as reported in holding entry
Key Terms
grant/award acquisition, indirect ownership, ten percent owner, Common Stock
4 terms
grant/award acquisition financial
"The transaction code description notes a grant, award, or other acquisition."
indirect ownership financial
"Ownership is reported as indirect with nature of ownership by Horton Capital Partners Fund."
ten percent owner financial
"Several reporting persons are identified as a ten percent owner of the issuer."
Common Stock financial
"The security title reported for the transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did KORU Medical Systems (KRMD) report on this Form 4?
KORU Medical Systems reported that Horton Capital Partners Fund, L.P., a 10% owner, received a grant of 3,472 shares of common stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related or similar non-cash acquisition.
Is the KORU Medical Systems (KRMD) Form 4 transaction a market purchase or a grant?
The Form 4 shows a grant or award acquisition, not a market purchase. The 3,472 shares of KORU Medical Systems common stock were reported with a transaction price of $0.00 per share, consistent with a compensation-style or similar non-cash award to the holder.
Who are the reporting persons on the KORU Medical Systems (KRMD) Form 4?
Reporting persons include director and 10% owner Joseph M. Manko Jr., plus Horton Capital Management, LLC, Horton Capital Partners, LLC, and Horton Capital Partners Fund, L.P. Each is identified as a 10% owner, reflecting their significant reported holdings in KORU Medical Systems.