Form 4: Quanterix Corp CEO Masoud Toloue Reports Tax-Related Stock Transaction
SEC Form 4
Masoud Toloue, President and CEO of Quanterix Corp, reports the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On August 15, 2024, Masoud Toloue, the President and CEO of Quanterix Corp, had 1,120 shares of common stock withheld to cover tax obligations.
- The shares were withheld by Quanterix Corporation at a price of $11.35 per share.
- Following the transaction, Toloue directly owns 352,999 shares of Quanterix Corp, which includes 152,266 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine 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 and is a standard part of regulatory compliance for company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| June 8, 2021 | Date of Power of Attorney execution. |
| August 15, 2024 | Date of stock transaction (tax withholding). |
| August 16, 2024 | Date of signature for the report. |
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