STOCK TITAN

QTREX Quantum (QTEX) COO exercises options to acquire 95,239 Ordinary Shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QTREX Quantum Ltd. COO and VP of R&D Shabtay Abraham exercised employee stock options to acquire 95,239 Ordinary Shares on May 29, 2026. These exercises were reported as derivative transactions and did not involve any open‑market buying or selling.

Following the exercises, Abraham directly holds 1,332,713 Ordinary Shares. The options exercised came from grants made in 2020 that had fully vested by mid‑2022, with exercise prices disclosed in the footnotes in AUD and NIS terms.

Positive

  • None.

Negative

  • None.
Insider shabtay abraham
Role COO and VP of R&D
Type Security Shares Price Value
Exercise Employee share options (right to buy) 57,144 $0.00 --
Exercise Employee share options (right to buy) 38,095 $0.00 --
Exercise Ordinary Shares 95,239 $3.37 $321K
Holdings After Transaction: Employee share options (right to buy) — 0 shares (Direct, null); Ordinary Shares — 1,332,713 shares (Direct, null)
Footnotes (1)
  1. The options were granted on February 15, 2020 and became fully vested as of June 2, 2019. The options were granted with an exercise price of AUD 0.37. The options were granted on November 1, 2020 and are fully vested as of June 1, 2022. The options were granted with an exercise price of NIS 0.37.
Shares acquired via option exercise 95,239 shares Ordinary Shares acquired on May 29, 2026 through derivative exercises
Shares held after transaction 1,332,713 shares Total direct Ordinary Shares following May 29, 2026 exercises
First option tranche exercised 38,095 options Employee share options exercised into Ordinary Shares on May 29, 2026
Second option tranche exercised 57,144 options Employee share options exercised into Ordinary Shares on May 29, 2026
Option exercise price (AUD grant) AUD 0.37 Exercise price for options granted February 15, 2020
Option exercise price (NIS grant) NIS 0.37 Exercise price for options granted November 1, 2020
Employee share options (right to buy) financial
"security_title: "Employee share options (right to buy)""
Ordinary Shares financial
"security_title: "Ordinary Shares" in the non-derivative transaction"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the Form 4 entries"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
shabtay abraham

(Last)(First)(Middle)
2 HA-TIDHAR ST.

(Street)
RA'ANANA4366504

(City)(State)(Zip)

ISRAEL

(Country)
2. Issuer Name and Ticker or Trading Symbol
QTREX Quantum Ltd. [ QTEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
COO and VP of R&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares05/29/2026M95,239A$3.371,332,713D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee share options (right to buy)$0.1205/29/2026M57,144(2) (1)02/21/2031Ordinary Shares57,144$00D
Employee share options (right to buy)$0.1205/29/2026M38,095(4) (3)02/21/2031Ordinary Shares38,095$00D
Explanation of Responses:
1. The options were granted on February 15, 2020 and became fully vested as of June 2, 2019.
2. The options were granted with an exercise price of AUD 0.37.
3. The options were granted on November 1, 2020 and are fully vested as of June 1, 2022.
4. The options were granted with an exercise price of NIS 0.37.
/s/ Shabtay Abraham06/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did QTREX Quantum (QTEX) COO Shabtay Abraham report on this Form 4?

Shabtay Abraham reported exercising employee stock options to acquire 95,239 Ordinary Shares of QTREX Quantum Ltd. These were derivative exercises, not open‑market purchases or sales, and increased his directly held share position.

How many QTREX Quantum shares does Shabtay Abraham hold after the reported transactions?

After the reported option exercises, Shabtay Abraham directly holds 1,332,713 Ordinary Shares of QTREX Quantum Ltd. This total reflects his position immediately following the derivative exercises disclosed in the Form 4.

Were there any open-market buys or sells in this QTREX Quantum Form 4?

No open‑market buys or sells were reported. The Form 4 only shows derivative exercises of employee stock options that converted into Ordinary Shares, with no separate purchase or sale transactions in the market.

What types of securities were involved in Shabtay Abraham’s QTREX Quantum transactions?

The transactions involved Employee share options (right to buy) that were exercised into QTREX Quantum Ordinary Shares. The options were originally granted in 2020 and later became fully vested before being exercised.

Do the QTREX Quantum Form 4 footnotes disclose option exercise prices?

Yes. Footnotes state that one option grant carried an exercise price of AUD 0.37 and another carried an exercise price of NIS 0.37, providing currency‑specific strike price details for the vested employee options.