Form 4: Quanterix CFO Vandana Sriram Reports Tax Obligation Share Withholding
SEC Form 4
Vandana Sriram, CFO of Quanterix Corp, reports the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On March 15, 2025, Vandana Sriram, the Chief Financial Officer of Quanterix Corp, had 229 shares of common stock withheld by the company to cover tax obligations.
- The shares were withheld at a price of $7.06.
- Following the transaction, Sriram beneficially owns 84,195 shares of Quanterix Corp, including 76,332 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine Form 4 filing related to insider transactions, specifically the withholding of shares to cover tax obligations upon the vesting of restricted stock units. Such filings are common and provide transparency into the transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading activities.
- The reporting of tax obligation fulfillment through share withholding is a common method, aligning with standard compensation practices.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax obligation fulfillment.
Key Dates
| Date | Description |
|---|---|
| 2023/08/21 | Date of Power of Attorney execution. |
| 2025/03/15 | Date of the transaction where shares were withheld for tax obligations. |
| 2025/03/18 | Date of signature for the report. |
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