Form 4: Quanterix CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Quanterix Corp CEO Masoud Toloue disposed of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 15, 2025, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 752 shares of common stock to cover tax obligations.
- The shares were withheld by Quanterix Corporation to cover tax obligations upon the vesting of 2,316 restricted stock units (RSUs).
- Following the transaction, Toloue directly owns 477,757 shares of Quanterix Corp, which includes 255,711 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is crucial for maintaining market confidence.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider stock activity.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Date of Power of Attorney execution. |
| February 15 2025 | Date of stock disposal transaction. |
| February 19 2025 | Date of signature for the Form 4 filing. |
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