Form 4: Quanterix Director Sarah E. Hlavinka Reports Acquisition of Common Stock

Director Sarah E. Hlavinka reports acquiring 1,200 shares of Quanterix Corp common stock on October 1, 2024, as compensation for board service.

Summary

• On October 1, 2024, Sarah E. Hlavinka, a director of Quanterix Corp, acquired 1,200 shares of common stock.
• The acquisition was in lieu of cash fees for serving on the Company's Board of Directors and committees for the third quarter of 2024.
• The price of the stock was $12.5 per share, based on the closing price of Quanterix's common stock on the Nasdaq Global Market on October 1, 2024.
• Following the transaction, Hlavinka's total holdings amount to 46,001 shares, including 2,947 restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (stock grant to a director) which is generally viewed as a positive sign of alignment between management and shareholders.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.
• Granting stock in lieu of cash preserves the company's cash reserves.

Industry Context

This is a routine disclosure related to insider transactions, common in publicly traded companies. Directors often receive stock as part of their compensation.

Comparison to Industry Standards

• Director compensation packages often include stock grants, aligning director interests with shareholder value.
• The amount of stock granted is typical for board service compensation in comparable companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates