Form 4: Quanterix Director William P. Donnelly Acquires Shares in Lieu of Cash Fees
SEC Form 4
Director William P. Donnelly acquired 2,681 shares of Quanterix Corp common stock on April 1, 2025, as compensation for board service.
Summary
- On April 1, 2025, William P. Donnelly, a director of Quanterix Corp, acquired 2,681 shares of common stock.
- The acquisition was in lieu of cash fees for his service on the Company's Board of Directors and committees for the first quarter of 2025.
- The price of the stock was $6.665 per share, which was the closing price of Quanterix's common stock on the Nasdaq Global Market on April 1, 2025.
- Following the transaction, Donnelly's total holdings include 45,981 shares, including 12,955 restricted stock units.
Sentiment
Score: 7
Explanation: The document indicates a director's continued investment in the company, which is generally a positive signal. The stock grant in lieu of cash is also a positive sign for the company's financial management.
Positives
- Director's acquisition of shares demonstrates confidence in the company.
- Granting stock in lieu of cash preserves company cash reserves.
Industry Context
Directors often receive stock as part of their compensation, aligning their interests with shareholders.
Stakeholder Impact
- Shareholders may view the director's stock acquisition positively.
- The company benefits from preserving cash by issuing stock instead of cash compensation.
Key Dates
| Date | Description |
|---|---|
| 2023-08-20 | Date of Power of Attorney execution. |
| 2025-04-01 | Date of stock acquisition. |
| 2025-04-03 | Date of Form 4 filing. |
Keywords
Quanterix, Director, Stock Acquisition, Form 4, Beneficial Ownership, William P. Donnelly, Board Compensation
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