Form 4: Quanterix Corp CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4
Quanterix Corp CEO Masoud Toloue disposed of 1,120 shares of common stock on May 15, 2024, to cover tax obligations upon the vesting of restricted stock units.
Summary
- On May 15, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 1,120 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 disposed of at a price of $17.88 per share.
- Following the transaction, Toloue directly owns 339,149 shares, which includes 162,915 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications.
Industry Context
This is a routine Form 4 filing, reflecting insider transactions related to equity compensation. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8, 2021 | Date of Power of Attorney execution. |
| May 15, 2024 | Date of stock disposal transaction. |
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