Form 4: Quanterix CFO Vandana Sriram Disposes of Shares to Cover Tax Obligations
SEC Form 4
Vandana Sriram, CFO of Quanterix Corp, disposed of 229 shares of common stock on April 15, 2025, to cover tax obligations upon the vesting of restricted stock units.
Summary
- On April 15, 2025, Vandana Sriram, the Chief Financial Officer of Quanterix Corp, disposed of 229 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 777 Restricted Stock Units (RSUs).
- The shares were sold at a price of $5.36 per share.
- Following the transaction, Sriram directly owns 83,966 shares, which includes 75,555 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-08-21 | Date of Power of Attorney execution. |
| 2025-04-15 | Date of the transaction where shares were disposed of to cover tax obligations. |
| 2025-04-17 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Section 16, Insider Trading, Vandana Sriram, Quanterix Corp, QTRX, CFO, Stock Disposal, Tax Obligations, Restricted Stock Units, RSUs
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