QTREX Quantum (QTEX) COO exercises options to acquire 95,239 Ordinary Shares
Filing Impact
Filing Sentiment
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 Trade Summary
95,239 shares exercised/converted
Mixed
3 txns
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)
- 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.
Key Figures
Shares acquired via option exercise: 95,239 shares
Shares held after transaction: 1,332,713 shares
First option tranche exercised: 38,095 options
+3 more
6 metrics
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
Key Terms
Employee share options (right to buy), Ordinary Shares, derivative exercise/conversion, derivative security
4 terms
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.
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.
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.