Horton Capital Partners, LLC 4
Research Summary
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KORU Medical (KRMD) 10% Owner Manko Joseph M. Jr. Receives Award
What Happened Manko Joseph M. Jr., a reported 10% owner of KORU Medical Systems, Inc. (KRMD), received an award/acquisition of 3,472 shares on 2026-03-31 (transaction code A). The filing reports an acquisition price of $0 and a reported total value of $0 for the shares. This was a grant/award rather than an open-market buy or a sale.
Key Details
- Transaction date: 2026-03-31; Form 4 filed 2026-04-01.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 3,472; reported acquisition price: $0; reported total cash value: $0.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 and F2 refer to Exhibit 99.1 of this Form 4 for explanations of the noted items.
- Remarks: Filing includes a standard statement that it does not admit beneficial ownership or that the filing is legally required.
Context
- Code A indicates a grant or other acquisition (e.g., restricted stock award); the exhibit referenced in the filing may explain vesting, tax withholding, or other terms. The filing does not state whether the shares are subject to vesting or restrictions.
- As a reported 10% owner, Manko is a significant shareholder; Section 16 rules apply to this filing. Awards like this are typically compensation or equity‑grant related and do not, by themselves, signal market timing or intent.
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