Form 4: Koru Medical Systems CFO Thomas Adams Reports Stock Transactions
SEC Form 4 Filing
Thomas Edward Adams, CFO of Koru Medical Systems, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 17, 2025, Thomas Edward Adams, the Chief Financial Officer of Koru Medical Systems, Inc., reported transactions involving the company's common stock.
- Specifically, 5,404 shares were acquired upon the vesting of restricted stock units (RSUs) at a price of $0.
- Concurrently, 1,988 shares were withheld to satisfy tax obligations at a price of $2.887 per share.
- Following these transactions, Adams directly owns 3,416 shares of Koru Medical Systems common stock and 16,212 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Koru Medical Systems, KRMD, Thomas Edward Adams, CFO, Form 4, Restricted Stock Units, Vesting, Tax Withholding, Beneficial Ownership, Securities Exchange Act
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