Form 4: Quanterix CFO Sriram's RSU Tax Withholding
Insider Transaction Report
Quanterix CFO Vandana Sriram reported a routine transaction involving the withholding of shares to cover tax obligations from RSU vesting.
Summary
- Vandana Sriram, Chief Financial Officer of Quanterix Corp (QTRX), reported a transaction involving the disposition of common stock.
- On February 4, 2026, 4,395 shares of common stock were withheld by Quanterix Corporation to cover tax obligations arising from the vesting of 12,678 restricted stock units (RSUs).
- The transaction was executed at a price of $0.00 per share, as it represents a non-cash withholding for tax purposes.
- Following this transaction, Ms. Sriram directly beneficially owns 81,618 shares of common stock, which includes 55,884 RSUs.
- The transaction was made pursuant to a Rule 10b5-1 plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction related to executive compensation and tax obligations, which typically has no direct bearing on the company's operational or financial performance.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to RSU vesting and tax withholding, are common occurrences for executives in publicly traded biotechnology and diagnostics companies like Quanterix. These transactions are typically routine and do not inherently signal changes in company strategy or performance.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Vandana Sriram granted Power of Attorney to Laurie Churchill, Brian Keane, Bonnie McManus, and Ian McDonald to execute and file SEC Forms 3, 4, and 5 on her behalf. This ensures timely and compliant reporting of her beneficial ownership and transactions. | 2023-08-21 | Enhances efficiency and compliance for insider trading reporting requirements for the Chief Financial Officer. |
Related Party Transactions
- The transaction involves the withholding of shares by Quanterix Corporation from its Chief Financial Officer, Vandana Sriram, to satisfy tax liabilities related to RSU vesting. This is a standard, non-discretionary transaction between an executive and the company.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine, non-discretionary transaction related to executive compensation and tax obligations. It does not reflect a discretionary sale or purchase decision by the insider.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 2023-08-21 | Date Power of Attorney was executed by Vandana Sriram. |
| 2026-02-04 | Date of transaction where shares were withheld for tax obligations upon RSU vesting. |
| 2026-02-06 | Date the Form 4 was filed with the SEC. |
Keywords
Quanterix, QTRX, Vandana Sriram, CFO, Form 4, Insider Transaction, RSU Vesting, Tax Withholding, Equity Compensation, 10b5-1 Plan
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