Form 4: Quanterix CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Quanterix Corp CEO Masoud Toloue disposed of 247 shares of common stock on February 28, 2025, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 28, 2025, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 247 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 761 restricted stock units (RSUs).
- The shares were disposed of at a price of $7.59 per share.
- Following the transaction, Toloue directly owns 477,510 shares, which includes 254,950 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 2021-06-08 | Date of Power of Attorney execution. |
| 2025-02-28 | Date of transaction: Disposal of shares to cover tax obligations. |
| 2025-03-04 | Date of signature for the Form 4 filing. |
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