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 368 shares of common stock to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On July 31, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 368 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 761 restricted stock units (RSUs).
- Following the transaction, Toloue directly owns 335,119 shares of Quanterix Corp, which includes 154,582 restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Date of execution of Power of Attorney. |
| 07/31/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 08/01/2024 | Date of signature for the report. |
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