QTREX Quantum (QTEX) CFO sells 60,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QTREX Quantum Ltd. Chief Financial Officer Tehila Yafit reported open-market sales of a total of 60,000 Ordinary Shares of QTEX at prices between $2.0134 and $3.00 per share. Following these transactions, she directly holds 900,000 Ordinary Shares.
On the same dates, she exercised employee share options covering 13,605 Ordinary Shares at a conversion price of $0.12 per share, with no derivative options remaining after the exercise. The sales were executed pursuant to an existing Rule 10b5-1 trading plan, indicating they were pre-arranged rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares ($143,961)
Net Sell
6 txns
Insider
Tehila Yafit
Role
Chief Financial Officer
Sold
60,000 shs ($144K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee share options (right to buy) | 13,605 | $0.00 | -- |
| Sale | Ordinary Shares | 15,000 | $2.56 | $38K |
| Sale | Ordinary Shares | 15,000 | $3.00 | $45K |
| Exercise | Ordinary Shares | 13,605 | $0.12 | $2K |
| Sale | Ordinary Shares | 13,605 | $2.0251 | $28K |
| Sale | Ordinary Shares | 16,395 | $2.0134 | $33K |
Holdings After Transaction:
Employee share options (right to buy) — 0 shares (Direct, null);
Ordinary Shares — 915,000 shares (Direct, null)
Footnotes (1)
- The options were granted on February 21, 2021 and became fully vested as of February 23, 2024. The securities were sold by the Reporting Person pursuant to an existing 10b5-1 plan.
Key Figures
Shares sold: 60,000 shares
Sale prices: $2.0134–$3.00 per share
Post-transaction holdings: 900,000 shares
+4 more
7 metrics
Shares sold
60,000 shares
Total Ordinary Shares sold in open-market transactions
Sale prices
$2.0134–$3.00 per share
Price range for Ordinary Share sales on May 27–28 2026
Post-transaction holdings
900,000 shares
Ordinary Shares directly held by CFO after trades
Options exercised
13,605 shares
Employee share options converted into Ordinary Shares
Option exercise price
$0.12 per share
Conversion price for exercised employee share options
Highest sale price
$3.00 per share
Open-market sale of 15,000 shares on May 28 2026
Lowest sale price
$2.0134 per share
Open-market sale of 16,395 shares on May 27 2026
Key Terms
Rule 10b5-1 plan, open-market sale, Employee share options (right to buy), Exercise or conversion of derivative security, +1 more
5 terms
Rule 10b5-1 plan regulatory
"The securities were sold by the Reporting Person pursuant to an existing 10b5-1 plan."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
open-market sale financial
"transaction_action: "open-market sale" for the Ordinary Shares transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" for code M"
FAQ
What insider transactions did QTREX Quantum (QTEX) report for its CFO?
QTREX Quantum’s CFO, Tehila Yafit, reported selling a total of 60,000 Ordinary Shares in open-market transactions. These sales occurred at prices between $2.0134 and $3.00 per share over two days and were executed under a pre-existing Rule 10b5-1 plan.
Did the QTREX Quantum (QTEX) CFO exercise any stock options in this filing?
Yes. Tehila Yafit exercised employee share options for 13,605 Ordinary Shares at a conversion price of $0.12 per share. The options were originally granted on February 21, 2021 and had become fully vested as of February 23, 2024, according to the footnotes.
What transaction pattern does the QTREX Quantum (QTEX) Form 4 show for the CFO?
The Form 4 shows an exercise-and-sell pattern. The CFO exercised options for 13,605 Ordinary Shares, then reported multiple open-market sales totaling 60,000 shares. After these trades, she retains 900,000 shares, indicating she continues to hold a substantial direct equity position.