Form 4: Quanterix Corp CEO Toloue Sells Shares to Cover Tax Obligations
SEC Form 4
Quanterix Corp CEO Masoud Toloue sold 368 shares of common stock on October 31, 2024, to cover tax obligations arising from the vesting of restricted stock units.
Summary
- On October 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).
- The shares were sold at a price of $13.22 per share.
- Following the transaction, Toloue directly owns 349,655 shares of Quanterix Corp, which includes 145,351 restricted stock units.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes on vested RSUs). It doesn't indicate positive or negative sentiment.
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 is unlikely to have a significant impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 8 2021 | Date of Power of Attorney execution. |
| 10/31/2024 | Date of stock transaction. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.