KORU Medical (KRMD) CFO reports RSU vesting with 2,900 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KORU Medical Systems Chief Financial Officer Thomas Edward Adams reported routine equity compensation activity involving restricted stock units. On May 14, 2026, common stock was issued upon vesting of RSUs, each unit representing a contingent right to receive one share of common stock upon vesting.
In connection with this vesting, 2,900 shares of common stock were disposed of at $3.94 per share to satisfy tax obligations, while 8,193 shares were acquired through a derivative exercise/conversion. Following these transactions, Adams directly holds 316,340 shares of KORU Medical common stock. These are not open-market buy or sell transactions but compensation-related events.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Adams Thomas Edward
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,193 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,900 | $3.94 | $11K |
Holdings After Transaction:
Common Stock — 316,340 shares (Direct, null)
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.
Key Figures
Tax-withheld shares: 2,900 shares at $3.94
Shares from RSU vesting: 8,193 shares
Post-transaction holdings: 316,340 shares
3 metrics
Tax-withheld shares
2,900 shares at $3.94
Shares withheld to satisfy tax obligations on RSU vesting
Shares from RSU vesting
8,193 shares
Common stock issued upon vesting of restricted stock units
Post-transaction holdings
316,340 shares
Direct common stock holdings after reported transactions
Key Terms
restricted stock units, contingent right, tax obligations
3 terms
restricted stock units financial
"Represents common stock issued upon vesting of restricted stock units."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting."
tax obligations financial
"Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units."
FAQ
What did KORU Medical (KRMD) CFO Thomas Adams report in this Form 4?
KORU Medical CFO Thomas Adams reported RSU vesting-related transactions. Common stock was issued upon RSU vesting, with additional shares withheld to cover tax obligations, updating his direct common stock holdings as disclosed in the filing.
What are the CFO’s KORU Medical (KRMD) holdings after these transactions?
After the RSU vesting and tax-withholding disposition, the CFO’s direct holdings total 316,340 KORU Medical common shares. This figure reflects his position immediately following the reported compensation-related transactions on the stated date.
Were the KORU Medical (KRMD) CFO’s transactions open-market buys or sells?
The transactions were not open-market trades. Shares were issued upon vesting of restricted stock units, and 2,900 shares were withheld to cover tax obligations. These are routine compensation-related events rather than discretionary market purchases or sales.
What does RSU vesting mean for KORU Medical (KRMD) insiders like the CFO?
RSU vesting means previously granted restricted stock units convert into common shares once conditions are met. For the CFO, vested RSUs resulted in common stock issuance and associated tax withholding, aligning part of his compensation with KORU Medical’s equity.