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 78 shares of common stock on October 15, 2024, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On October 15, 2024, Vandana Sriram, the Chief Financial Officer of Quanterix Corp, disposed of 78 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 263 Restricted Stock Units (RSUs).
- The shares were sold at a price of $12.48 per share.
- Following the transaction, Sriram directly owns 36,216 shares, which includes 33,617 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 2023/08/21 | Date of Power of Attorney execution, granting authority to Laurie Churchill, Brian Keane, Bonnie McManus, and Ian McDonald to act on behalf of Vandana Sriram for SEC filings. |
| 2024/10/15 | Date of transaction: Vandana Sriram disposed of shares to cover tax obligations. |
| 2024/10/16 | Date of signature for the Form 4 filing by Brian Keane, as Attorney-in-Fact. |
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