Form 4: Quanterix Director Paul M. Meister Acquires Shares in Lieu of Cash Fees

Director Paul M. Meister acquired 1,200 shares of Quanterix Corp common stock in lieu of cash fees for board service.

Summary

• On October 1, 2024, Paul M. Meister, a director of Quanterix Corp, acquired 1,200 shares of common stock.
• The acquisition was made in lieu of cash fees for service on the Company's Board of Directors and committees for the third quarter of 2024.
• The price per share was $12.5, which was the closing price of Quanterix's common stock on the Nasdaq Global Market on October 1, 2024.
• Following the transaction, Meister beneficially owns 295,729 shares, including 2,947 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. A director taking stock in lieu of cash is generally a positive sign, but it's a relatively small transaction.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Directors receiving stock in lieu of cash compensation is a common practice, particularly for smaller companies or those looking to conserve cash. It aligns the director's interests with those of shareholders.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment.

Key Dates