KORU Medical Systems, Inc.·4/A

Apr 6, 4:07 PM ET

Horton Capital Partners, LLC 4/A

4/A · KORU Medical Systems, Inc. · Filed Apr 6, 2026

Research Summary

AI-generated summary of this filing

Updated

KORU Medical (KRMD) 10% Owner Joseph M. Manko Receives Award

What Happened
Joseph M. Manko Jr., a reported 10% owner of KORU Medical Systems, Inc. (KRMD), was granted 3,472 shares on March 31, 2026. The shares are reported with an acquisition price of $0.00, so no cash was paid for the award and the reported value is $0. This Form 4 is an amendment to the original Form 4 filed April 1, 2026.

Key Details

  • Transaction date: 2026-03-31 — Grant/award (code A) of 3,472 shares at $0.00 per share (total $0).
  • Filing: Amended Form 4 filed April 6, 2026; original Form 4 was filed April 1, 2026.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnotes: F1–F3 reference Exhibit 99.1 to this Form 4 for explanations of noted items (see exhibit for terms/conditions).
  • Remarks: The filer includes a legal disclaimer that the amendment should not be construed as admission of beneficial ownership or that the filing was legally required.

Context
Awards of shares at $0.00 typically reflect stock grants or other equity compensation rather than open-market purchases; they do not necessarily indicate the insider is buying shares with personal funds. As a reported 10% owner, Manko is a major holder, and such grants may be part of compensation or corporate arrangements—refer to Exhibit 99.1 for specifics. For retail investors: purchases (personal cash buys) often carry clearer signals than awards; awards are routine but worth noting as they increase insider exposure to the company's equity.

Insider Transaction Report

Form 4/AAmended
Period: 2026-03-31
Manko Joseph M. Jr.
Director10% Owner
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-03-31+3,4725,065,970 total(indirect: By Horton Capital Partners Fund, LP)
Holdings
  • Common Stock

    [F3]
    782,547
Footnotes (3)
  • [F1]See Exhibit 99.1 to this Form 4 for explanation of note (1).
  • [F2]See Exhibit 99.1 to this Form 4 for explanation of note (2).
  • [F3]See Exhibit 99.1 to this Form 4 for explanation of note (3).

Documents

2 files
  • 4
    form_4.xml

    FORM 4/A AMENDMENT NO. 1 FOR 03-31-2026

  • EX-99

    EXHIBIT 99.1 TO FORM 4