Form 4: Quanterix CEO Reports RSU Vesting, Tax Withholding

Quanterix Corp's President & CEO, Masoud Toloue, reported the vesting of restricted stock units and shares withheld for tax obligations.

Summary

• Masoud Toloue, President & CEO of Quanterix Corp, reported a change in beneficial ownership.
• 1,817 shares of Common Stock were withheld by Quanterix Corporation solely to cover tax obligations upon the vesting of 3,722 restricted stock units (RSUs).
• The shares withheld were valued at $7.95 per share.
• Following this transaction, Toloue Masoud beneficially owns 507,310 shares of Common Stock.
• The reported beneficial ownership includes 206,398 restricted stock units (RSUs).
• A year-end reconciliation by QTRX revealed a variance of 681 shares, leading to the corrected balance of beneficial ownership.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction related to compensation (RSU vesting and tax withholding), which is neutral in sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction filing (Form 4) reporting a change in beneficial ownership due to RSU vesting and tax withholding, which is a standard compensation event for executives across various industries and does not reflect broader industry trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, pre-scheduled compensation event for an executive, not indicative of new strategic direction or financial performance.

Key Dates

Keywords

QTRX, Quanterix, Form 4, insider transaction, RSU vesting, tax withholding, beneficial ownership, Masoud Toloue