Form 4: Quanterix CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4
Quanterix Corp CEO Masoud Toloue disposed of 368 shares of common stock on September 30, 2024, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On September 30, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 368 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 $12.5.
- Following the transaction, Toloue directly owns 351,143 shares, which includes 148,428 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine tax-related stock disposal.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Date of Power of Attorney execution. |
| September 30 2024 | Date of stock disposal transaction. |
| October 01 2024 | Date of Form 4 filing. |
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