Form 4: Koru Medical Systems COO Christopher Pazdan Reports Stock Transactions
SEC Form 4 Filing
Christopher Pazdan, COO of Koru Medical Systems, reports the vesting and settlement of restricted stock units and performance share units, along with associated tax withholding.
Summary
- Christopher Pazdan, the Chief Operating Officer of Koru Medical Systems, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On March 17, 2025, Pazdan settled 5,063 restricted stock units, receiving shares of common stock and having 1,641 shares withheld for tax obligations at a price of $2.887 per share.
- On March 19, 2025, he also settled 36,331 performance share units, receiving shares of common stock and having 12,849 shares withheld for tax obligations at a price of $2.83 per share.
- Following these transactions, Pazdan directly owns 71,625 shares of Koru Medical Systems common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Settlement of 5,063 restricted stock units and withholding of 1,641 shares for tax obligations. |
| 03/19/2025 | Settlement of 36,331 performance share units and withholding of 12,849 shares for tax obligations. |
| 03/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Koru Medical Systems, Christopher Pazdan, Stock Options, Beneficial Ownership, KRMD, Restricted Stock Units, Performance Share Units
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