Form 4: KORU Medical Systems: Horton Capital Transfers Shares
Insider Ownership Change
Horton Capital Partners Fund, L.P. transferred 41,000 KORU Medical Systems common shares to limited partners for no consideration.
Summary
- Joseph M. Manko, Jr., a Director and 10% owner of KORU Medical Systems, Inc. (KRMD), along with Horton Capital Management, LLC, Horton Capital Partners, LLC, and Horton Capital Partners Fund, L.P., reported changes in beneficial ownership.
- On November 26, 2025, Horton Capital Partners Fund, L.P. (HCPF) transferred 41,000 shares of KRMD common stock to certain of its limited partners.
- This transfer was for no consideration and represented a portion of the limited partners' interests in HCPF.
- Following this transaction, Joseph M. Manko, Jr. directly beneficially owns 517,200 shares and indirectly owns 5,830,335 shares through Horton Capital Partners Fund, L.P.
- HCPF's indirect beneficial ownership stands at 5,830,335 shares after the distribution.
Sentiment
Score: 5
Explanation: The filing reports a routine internal transfer of shares from a fund to its limited partners, which is a neutral event for the company's operational performance or market outlook.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This filing details an internal transfer of shares by a significant shareholder group, Horton Capital, to its limited partners. Such distributions are common for investment funds and typically reflect internal fund management rather than a change in the broader industry trends or competitive landscape for KORU Medical Systems.
Stakeholder Impact
- Shareholders: The overall beneficial ownership by the Horton Capital group remains substantial, indicating continued significant investment interest. The distribution to limited partners is an internal fund matter and does not represent a sale into the open market.
Key Dates
| Date | Description |
|---|---|
| 11/26/2025 | Date of earliest transaction, where Horton Capital Partners Fund, L.P. transferred 41,000 shares of common stock to limited partners. |
Keywords
KORU Medical Systems, KRMD, Form 4, insider transaction, beneficial ownership, Horton Capital, stock transfer, director, 10% owner
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