Form 4: Quantum-Si CEO Sells Shares for Tax Obligations

Quantum-Si Inc.'s President and CEO, Jeffrey Alan Hawkins, sold a portion of his Class A Common Stock to cover tax liabilities from restricted stock unit vesting.

Summary

• Jeffrey Alan Hawkins, President & CEO and Director of Quantum-Si Inc. (QSI), reported sales of Class A Common Stock.
• On March 20, 2026, 11,628 shares were sold at a weighted average price of $0.8483 per share.
• On March 23, 2026, an additional 12,149 shares were sold at a weighted average price of $0.8266 per share.
• These sales were executed pursuant to a mandatory 'sell-to-cover' provision to satisfy federal, state, and local withholding taxes related to the vesting of previously granted restricted stock units.
• Following these transactions, Mr. Hawkins beneficially owns 3,859,847 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While insider holdings decreased, the sales were mandatory for tax purposes related to RSU vesting, which is a routine compensation event.

Positives

• The underlying event, the vesting of restricted stock units, indicates that performance or time-based conditions were met, which is generally a positive for the company and its executives.

Negatives

• The direct beneficial ownership of Class A Common Stock by the President & CEO decreased by a total of 23,777 shares.

Risks

• While these sales are mandatory for tax purposes, any reduction in insider holdings, even for tax, can sometimes be misinterpreted by the market.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that mandatory "sell-to-cover" transactions are a common occurrence for executives receiving equity compensation, particularly restricted stock units, and are typically not indicative of a change in management's outlook on the company's future prospects.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, but the mandatory nature of the sale for tax purposes typically limits negative sentiment.
• Employees: The vesting of RSUs for the CEO could signal positive internal performance or tenure.

Key Dates

Keywords

Quantum-Si, QSI, Jeffrey Alan Hawkins, insider trading, Form 4, stock sale, restricted stock units, RSU, sell-to-cover, tax obligation