Form 4: KORU Medical Systems Director Acquires Shares
SEC Form 4 Filing
Director Edward Wholihan of KORU Medical Systems, Inc. reports acquiring 3,937 shares of common stock at $3.81 per share on January 3, 2025.
Summary
- On January 3, 2025, Edward Wholihan, a director of KORU Medical Systems, Inc., acquired 3,937 shares of common stock.
- The shares were purchased at a price of $3.81 per share.
- Following the transaction, Wholihan directly owns 27,713 shares of KORU Medical Systems, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to insider buying.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Date of transaction: Edward Wholihan acquired 3,937 shares of common stock. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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