Form 4: Quanterix Corp Director William P. Donnelly Acquires Shares in Lieu of Cash Fees
SEC Form 4
Director William P. Donnelly acquired 985 shares of Quanterix Corp common stock on July 1, 2024, as compensation for board service.
Summary
- On July 1, 2024, William P. Donnelly, a director of Quanterix Corp, acquired 985 shares of common stock.
- The shares were granted in lieu of cash fees for his service on the Company's Board of Directors and committees for the second quarter of 2024.
- The price per share was $12.68, which was the closing price of Quanterix Corp's common stock on the Nasdaq Global Market on July 1, 2024.
- Following the transaction, Donnelly's total holdings include 33,583 shares, including 11,185 restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects a director increasing their stake in the company, which is generally viewed favorably.
Positives
- Director's acquisition of shares demonstrates confidence in the company.
Industry Context
This is a routine disclosure related to insider transactions and is common for publicly traded companies.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 2023/08/20 | Date of Power of Attorney execution. |
| 2024/07/01 | Date of stock acquisition. |
| 2024/07/02 | Date of Form 4 filing. |
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