Form 4: Quanterix Director William P. Donnelly Acquires Shares in Lieu of Cash Fees

Director William P. Donnelly acquired 1,000 shares of Quanterix Corp common stock on October 1, 2024, as compensation for board service.

Summary

• On October 1, 2024, William P. Donnelly, a director of Quanterix Corp, acquired 1,000 shares of common stock.
• The shares were granted in lieu of cash fees for service 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, which was the closing price on the Nasdaq Global Market on October 1, 2024.
• Following the transaction, Donnelly beneficially owns 34,583 shares, including 11,185 restricted stock units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The director's acquisition could be seen as a positive signal, but it's primarily related to compensation.

Positives

• Director's acquisition of shares demonstrates confidence in the company.
• Using stock in lieu of cash preserves company cash reserves.

Industry Context

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

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals director confidence.
• It has a minor positive impact on the company as it preserves cash.

Key Dates