Form 4: Quanterix CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4
Masoud Toloue, President and CEO of Quanterix Corp, disposed of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On June 30, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 368 shares of common stock at a price of $13.21.
- The transaction was executed to cover tax obligations related to the vesting of 761 Restricted Stock Units (RSUs).
- Following the transaction, Toloue directly owns 336,607 shares, which includes 157,659 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. It is common for executives to sell shares to cover taxes when RSUs vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Power of Attorney executed. |
| 06/30/2024 | Transaction Date: Masoud Toloue disposed of shares to cover tax obligations. |
| 07/01/2024 | Form 4 Filing Date. |
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