Form 4: Quantum-Si CEO Jeffrey Alan Hawkins Sells Shares to Cover Tax Obligations

Quantum-Si Inc. CEO Jeffrey Alan Hawkins sold 23,707 shares of Class A Common Stock on March 21, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On March 21, 2025, Jeffrey Alan Hawkins, the President & CEO of Quantum-Si Inc., sold 23,707 shares of Class A Common Stock.
• The sale was executed to cover required federal, state, and local withholding taxes associated with the vesting of previously granted restricted stock units.
• The shares were sold at a weighted average price of $1.3855, with individual sales prices ranging from $1.36 to $1.405 per share.
• Following the transaction, Hawkins still beneficially owns 2,646,716 shares of Quantum-Si Inc.
• The sale was conducted under a mandatory sell-to-cover provision established at the grant date of the restricted stock unit award, which Hawkins could not alter.

Sentiment

Score: 6

Explanation: The document is neutral in sentiment as it simply reports a stock sale for tax purposes. It doesn't indicate any positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

Keywords

Quantum-Si Inc, Jeffrey Alan Hawkins, stock sale, Form 4, insider trading, tax obligations, restricted stock units, QSI