Form 4: Quanterix Corp CEO Masoud Toloue Reports Stock Transaction
SEC Form 4
Masoud Toloue, President and CEO of Quanterix Corp, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On September 15, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, reported a transaction involving the company's stock.
- A total of 1,120 shares of common stock were disposed of at a price of $12.82.
- This disposition was to cover tax obligations related to the vesting of 2,316 Restricted Stock Units (RSUs).
- Following the transaction, Toloue directly owns 351,511 shares, which includes 149,189 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the CEO's holdings.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Power of Attorney executed |
| 09/15/2024 | Date of stock transaction (disposal of shares) |
| 09/16/2024 | Date of signature for the report |
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