Form 4: Quanterix CFO Vandana Sriram Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Vandana Sriram, CFO of Quanterix Corp, disposed of shares to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On February 2, 2025, Vandana Sriram, the Chief Financial Officer of Quanterix Corp, disposed of 2,166 shares of common stock to cover tax obligations.
- The shares were withheld by Quanterix Corporation to cover tax obligations upon the vesting of 6,168 Restricted Stock Units (RSUs).
- Following the transaction, Sriram directly owns 33,804 shares, which includes 26,660 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations.
Industry Context
This transaction is a routine occurrence where company executives sell shares to cover tax obligations arising from the vesting of stock awards. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-08-21 | Date of Power of Attorney execution. |
| 2025-02-02 | Date of transaction: disposal of shares to cover tax obligations. |
| 2025-02-04 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Quanterix Corp, Vandana Sriram, CFO, Share Disposal, Tax Obligations, Restricted Stock Units, QTRX
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