Form 4: Quantum-Si Inc. Executive Sells Shares to Cover Tax Obligations

John S. Vieceli, Chief Product Officer of Quantum-Si Inc., sold shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• John S. Vieceli, Chief Product Officer of Quantum-Si Inc., reported the sale of Class A Common Stock on September 23 and 24, 2024.
• The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs) granted on March 15, 2024.
• On September 23, 2024, 2,192 shares were sold at a weighted average price of $0.9459 per share, with prices ranging from $0.9111 to $0.964 per share.
• On September 24, 2024, 2,117 shares were sold at a weighted average price of $0.9307 per share, with prices ranging from $0.89 to $0.965 per share.
• Following these transactions, Vieceli directly owns 164,799 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock sales to cover tax obligations, which is a routine event.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or tax obligations. This transaction appears to be related to tax obligations from vesting RSUs, which is a standard practice.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders due to the slight dilution of shares, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates