KORU Medical (KRMD) chair granted 5,208 shares at $4.32
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLETCHER R JOHN reported acquisition or exercise transactions in this Form 4 filing.
KORU Medical Systems director R. John Fletcher received an equity grant of common stock. On the reported date, he was awarded 5,208 shares of KORU Medical Systems, Inc. common stock at an indicated value of $4.32 per share, reflecting compensation rather than an open-market purchase. Following this grant, he directly holds a total of 226,800 common shares, aligning his interests further with other shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FLETCHER R JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,208 | $4.32 | $22K |
Holdings After Transaction:
Common Stock — 226,800 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 5,208 shares
Grant price: $4.32 per share
Total shares held after grant: 226,800 shares
3 metrics
Shares granted
5,208 shares
Equity award of common stock
Grant price
$4.32 per share
Reported value for the stock grant
Total shares held after grant
226,800 shares
Direct holdings following the transaction
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"He was awarded 5,208 shares of KORU Medical Systems, Inc. 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.
Grant, award, or other acquisition financial
"The filing classifies it as a grant or other acquisition of 5,208 common shares"
Form 4 financial
"equity compensation is measured for disclosure in the insider transaction report on Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did KRMD director R. John Fletcher report?
R. John Fletcher reported receiving a grant of 5,208 shares of KORU Medical Systems common stock. The shares were valued at $4.32 each and represent equity compensation rather than an open-market purchase, aligning his financial incentives with long-term shareholder interests.
At what price was the KRMD stock grant to R. John Fletcher recorded?
The stock grant to R. John Fletcher was recorded at $4.32 per share. This price is used for reporting the value of the 5,208-share award and reflects how the equity compensation is measured for disclosure in the insider transaction report.
What role does R. John Fletcher hold at KORU Medical Systems (KRMD)?
R. John Fletcher serves as Chairman of the Board and a director at KORU Medical Systems. His reported 5,208-share stock grant and resulting 226,800-share direct holding reflect equity compensation tied to his governance responsibilities and oversight role at the company.