Form 4: KORE Group Holdings Executive Vice President Paul Holtz Reports Stock Transactions

Executive Vice President, CFO, and Treasurer of KORE Group Holdings, Paul Holtz, reports the vesting and subsequent disposal of common stock to cover tax obligations related to Restricted Stock Units.

Summary

• On March 22, 2025, Paul Holtz, Executive Vice President, CFO & Treasurer of KORE Group Holdings, engaged in transactions involving the company's common stock.
• Holtz acquired 1,643 shares of common stock upon the vesting of Restricted Stock Units (RSUs).
• Simultaneously, Holtz disposed of 1,003 shares of common stock at a price of $2.58 to satisfy tax withholding obligations related to the vesting of the RSUs.
• After these transactions, Holtz directly owns 21,546 shares of KORE Group Holdings common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

KORE Group Holdings, Paul Holtz, Form 4, Stock Transactions, Restricted Stock Units, RSUs, Beneficial Ownership, Executive Compensation