BlackRock (KRMD) files amendment reporting 2.29M shares, 4.9% stake
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. filed an amendment to a Schedule 13G reporting beneficial ownership of 2,292,477 shares of Koru Medical Systems Inc. The filing states BlackRock has 2,256,191 shares of sole voting power, represents 4.9% of the class, and is signed by a Managing Director.
Positive
- None.
Negative
- None.
Insights
BlackRock reports a sub-5% passive stake in Koru Medical Systems.
BlackRock's Schedule 13G amendment lists 2,292,477 shares beneficially owned, with 2,256,191 shares showing sole voting power. The filing characterizes the position as passive ownership under beneficial-ownership rules.
Ownership at 4.9% is below the 5% threshold that often triggers additional reporting or voting-control scrutiny; subsequent filings will show if the stake changes.
Key Figures
Beneficially owned shares: 2,292,477 shares
Sole voting power: 2,256,191 shares
Percent of class: 4.9%
+2 more
5 metrics
Beneficially owned shares
2,292,477 shares
Amount beneficially owned reported on Schedule 13G/A
Sole voting power
2,256,191 shares
Shares with sole power to vote or direct the vote
Percent of class
4.9%
Percent of common stock class beneficially owned
CUSIP
759910102
CUSIP for Koru Medical Systems common stock
Filing signature date
04/27/2026
Signature date on the amended Schedule 13G/A
Key Terms
Schedule 13G/A, beneficially owned, sole dispositive power
3 terms
Schedule 13G/A regulatory
"Amendment to Schedule 13G reporting beneficial ownership"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
beneficially owned financial
"Amount beneficially owned: 2292477"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 2292477"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
FAQ
What does BlackRock's Schedule 13G/A for KRMD report?
It reports that BlackRock beneficially owns 2,292,477 shares of Koru Medical Systems, representing 4.9% of the class. The filing lists 2,256,191 shares as sole voting power and is signed by a Managing Director on 04/27/2026.
Does BlackRock control Koru Medical Systems after this filing (KRMD)?
No; the filing shows a passive ownership filing at 4.9%, below common control thresholds. BlackRock reports sole voting power for 2,256,191 shares, but the Schedule 13G classification indicates passive, not active, control intentions.
How much voting power does BlackRock report for KRMD?
BlackRock reports 2,256,191 shares as sole power to vote or direct the vote for Koru Medical Systems common stock. The filing also shows zero shared voting power and sole dispositive power over 2,292,477 shares.
Why is this filing an amendment (Schedule 13G/A) for KRMD?
An amended Schedule 13G/A updates earlier beneficial ownership details; this amendment restates beneficial ownership at 2,292,477 shares and voting powers. Amendments are routine when holdings or disclosures change for reporting persons like BlackRock.
Will BlackRock need to file a different form if its stake rises above 5% in KRMD?
Yes; if BlackRock's ownership surpasses the 5% threshold or shifts from passive to active, reporting obligations typically change and filings such as a Schedule 13D or additional amendments would be required under SEC rules.