Form 4: Quantum-Si Inc. Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christian LaPointe, General Counsel & Corp. Secr. of Quantum-Si Inc., sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 21, 2025, Christian LaPointe, General Counsel & Corp. Secr. of Quantum-Si Inc., sold 4,896 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $1.3855 per share.
- The shares were sold to cover required federal, state, and local withholding taxes in connection with the vesting of previously granted restricted stock units.
- Following the transaction, LaPointe directly owns 983,480 shares of Quantum-Si Inc.
- The sale was conducted under a mandatory sell-to-cover provision.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape, providing transparency into the transactions of company insiders. This particular filing reflects a common practice of selling shares to cover tax obligations associated with the vesting of restricted stock units.
Stakeholder Impact
- The sale of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction: Christian LaPointe sold shares of Quantum-Si Inc. |
| 03/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Quantum-Si Inc, QSI, Christian LaPointe, Form 4, SEC Filing, Stock Sale, Restricted Stock Units, Tax Obligations, Insider Transaction
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