Horizon Quantum CEO granted 229K RSUs
Horizon Quantum’s CEO reported RSU vesting, partial cash settlement to the company, and a large new RSU grant subject to quarterly vesting.
Rhea-AI Filing Summary
Horizon Quantum Holdings Ltd. (HQ) reported that Chief Executive Officer and director Joseph Francis Fitzsimons had 14,321 RSUs vest on September 12, 2026, which were converted into the same number of Class A ordinary shares. A portion of these vested units, 3,438 shares, was settled in cash through a disposition to the company at $15.22 per share, based on the last reported sales price on September 11, 2026. Separately, on June 12, 2026, he received a grant of 229,148 unvested RSUs that vest in sixteen approximately equal quarterly installments, subject to continued employment. No Rule 10b5-1 trading plan is reported for these transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F1 | 14,321 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Shares F1, F2 | 14,321 | $0.00 | $0.00 |
| Disposition | Class A Ordinary Shares F1, F3 | 3,438 | $15.22 | $52K |
| Grant/Award | Restricted Stock Unit F2 | 229,148 | $0.00 | $0.00 |
Footnotes (3)
- F1. On September 12, 2026, 14,321 of Dr. Fitzsimons's RSU's vested.
- F2. On June 12, 2026 (the "Grant Date"), Dr. Fitzsimons was granted a total of 229,148 unvested restricted stock units ("RSUs"), each representing a contingent right to receive one Class A ordinary share, with no par value ("Class A Ordinary Share"), of Horizon Quantum Holdings Ltd. (the "Company") upon vesting, for no consideration. The RSUs granted to Dr. Fitzsimons vest in sixteen approximately equal installments on successive quarterly anniversaries of the Grant Date and are subject to Dr. Fitzsimons's continued employment with the Company through each applicable vesting date.
- F3. The reported disposition to the Company reflects the settlement in cash of a portion of the RSUs which vested on September 12, 2026, at a price per ordinary share of $15.22, the last reported sales price of the Company's Class A Ordinary Shares on September 11, 2026.
Key Figures
Key Terms
Restricted Stock Unit financial
vesting financial
disposition to the Company financial
last reported sales price financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did HQ’s CEO report on September 12, 2026?
What new RSU award did HQ grant to its CEO on June 12, 2026?
Were the HQ CEO’s reported transactions under a Rule 10b5-1 trading plan?
What type of security are the HQ RSUs reported by the CEO?
How frequently do the newly granted HQ RSUs vest for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.