Form 4: Quanterix CFO Sriram Reports RSU Vesting, Tax Withholding
Insider Transaction Report
Quanterix Chief Financial Officer Vandana Sriram reported a routine disposition of 274 common shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Quanterix CFO Vandana Sriram reported a transaction involving common stock.
- 274 shares were disposed of on January 16, 2026, at a price of $7.95 per share.
- This disposition was solely to cover tax obligations upon the vesting of 777 restricted stock units (RSUs).
- Following the transaction, Sriram beneficially owns 86,013 shares of Quanterix common stock.
- The reported beneficial ownership includes 68,562 restricted stock units.
- A year-end reconciliation identified a variance of 310 shares, leading to the corrected balance.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding on RSU vesting, which is a neutral event with no significant positive or negative implications for the company's performance or outlook.
Positives
- The transaction is a standard procedure for covering tax obligations on RSU vesting, indicating a routine compensation event.
Negatives
- No specific negative aspects are highlighted in this routine insider transaction report.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Management Comments
- No direct quotes or paraphrased statements from company management are provided in this filing.
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.
Comparison to Industry Standards
- Not applicable, as this filing reports a standard insider transaction for tax withholding upon RSU vesting, which is a common practice across industries for executive compensation.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Vandana Sriram granted a Power of Attorney to specific individuals (Laurie Churchill, Brian Keane, Bonnie McManus, and Ian McDonald) to execute and file Forms 3, 4, and 5 on her behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 2023-08-21 | Enhances efficiency and ensures timely compliance with SEC reporting requirements for insider transactions. |
Legal Proceedings
- No litigation or regulatory matters are disclosed in this filing.
Related Party Transactions
- The disposition of shares by Chief Financial Officer Vandana Sriram to Quanterix Corporation to cover tax obligations upon RSU vesting is a transaction between a company officer and the company, which is a common compensation-related related party transaction.
Stakeholder Impact
- Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine, non-discretionary transaction related to executive compensation and tax compliance.
Next Steps
- No specific future actions, events, or milestones are mentioned in this filing.
Key Dates
| Date | Description |
|---|---|
| 2023-08-21 | Power of Attorney granted by Vandana Sriram. |
| 2026-01-15 | Date of vesting for 777 restricted stock units. |
| 2026-01-16 | Date of disposition of common stock to cover tax obligations. |
| 2026-01-20 | Date Form 4 was signed by attorney-in-fact. |
Keywords
Quanterix, QTRX, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, CFO, Vandana Sriram, Beneficial Ownership
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