KORU Medical Systems (KRMD) CEO receives 15,968 shares, 5,756 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems reported that Chief Executive Officer Linda M. Tharby received common shares through equity compensation and had a portion withheld for taxes. On March 16, 2026, she acquired 15,968 shares of common stock at no cost upon vesting of restricted stock units. Of these, 5,756 shares were withheld at $4.28 per share to satisfy tax obligations related to the vesting. After these transactions, she directly holds 10,212 shares of KORU Medical Systems common stock. These events reflect routine compensation-related activity rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tharby Linda M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 15,968 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,756 | $4.28 | $25K |
Holdings After Transaction:
Common Stock — 15,968 shares (Direct)
Footnotes (1)
- Represents common stock issued upon vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting. Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units.
FAQ
What insider transaction did KORU Medical Systems (KRMD) report for its CEO?
KORU Medical Systems reported that CEO Linda M. Tharby received 15,968 common shares upon vesting of restricted stock units. A portion of these shares was then withheld to cover tax obligations tied to the vesting event.
Was the KRMD Form 4 transaction an open-market buy or sell?
The KRMD Form 4 shows compensation-related activity, not an open-market trade. Shares were issued upon restricted stock unit vesting, and some were withheld to pay taxes, so no discretionary market purchase or sale occurred.