Form 4: Quanterix Corp CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Masoud Toloue, President and CEO of Quanterix Corp, disposed of 906 shares of common stock on January 15, 2025, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On January 15, 2025, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 906 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 2,316 restricted stock units (RSUs).
- The shares were sold at a price of $8.62 per share.
- Following the transaction, Toloue directly owns 346,094 shares, which includes 136,881 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, disclosing insider transactions. It is common for executives to sell shares to cover tax obligations related to vesting equity awards.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Date of Power of Attorney execution. |
| 01/15/2025 | Date of stock disposal transaction. |
| 01/17/2025 | Date of signature for the Form 4 filing. |
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