Form 4: Koru Medical Systems Director Edward Wholihan Reports Transaction
SEC Form 4 Filing
Director Edward Wholihan reports acquisition of 5,545 shares of Koru Medical Systems at $2.71 per share and disposal of 18,322 shares.
Summary
- On July 11, 2024, Edward Wholihan, a director of Koru Medical Systems, Inc., reported a transaction involving the company's common stock.
- Wholihan acquired 5,545 shares at a price of $2.71 per share.
- Wholihan also disposed of 18,322 shares.
- Following the reported transaction, the amount of securities beneficially owned was not specified.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the Securities and Exchange Act for company insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| June 19 2024 | Date of Power of Attorney execution. |
| July 11/2024 | Date of transaction: acquisition and disposal of shares. |
| July 11/2024 | Date of Form 4 filing. |
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