Form 4: Quanterix Corp CEO Masoud Toloue Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Quanterix Corp CEO Masoud Toloue disposed of 1,242 shares of common stock on March 15, 2025, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On March 15, 2025, Masoud Toloue, the President and CEO of Quanterix Corp, disposed of 1,242 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of 3,722 restricted stock units (RSUs).
- The shares were disposed of at a price of $7.06 per share.
- Following the transaction, Toloue directly owns 476,268 shares, which includes 251,228 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) engage in transactions involving the company's stock. These filings provide transparency to the market regarding insider activity.
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. |
| March 15, 2025 | Date of stock disposal transaction. |
| March 18, 2025 | Date of signature for the Form 4 filing. |
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