QTREX Quantum (IINN) CFO sells 30,000 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 totaling 30,000 Ordinary Shares that were received upon vesting of Restricted Share Units. The underlying shares were then sold under an existing Rule 10b5-1 trading plan, indicating the transactions were pre-scheduled.
The reported sales included 28,100 shares at $3.50 per share on May 31, 2026 and 1,900 shares at $3.51 per share on May 29, 2026. After these transactions, Yafit directly holds 870,000 Ordinary Shares, so the disposals represent a small portion of her overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($105,019)
Net Sell
2 txns
Insider
Tehila Yafit
Role
Chief Financial Officer
Sold
30,000 shs ($105K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 28,100 | $3.50 | $98K |
| Sale | Ordinary Shares | 1,900 | $3.51 | $7K |
Holdings After Transaction:
Ordinary Shares — 870,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold on 2026-06-01: 28,100 shares at $3.50
Shares sold on 2026-05-29: 1,900 shares at $3.51
Total shares sold: 30,000 shares
+1 more
4 metrics
Shares sold on 2026-06-01
28,100 shares at $3.50
Open-market sale of Ordinary Shares by CFO
Shares sold on 2026-05-29
1,900 shares at $3.51
Open-market sale of Ordinary Shares by CFO
Total shares sold
30,000 shares
Net shares sold across reported transactions
Shares held after transactions
870,000 shares
Direct Ordinary Share holdings of CFO after sales
Key Terms
Restricted Share Units ("RSUs"), Rule 10b5-1 plan, Ordinary Shares, open-market sale
4 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""
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.
FAQ
What insider transactions were reported for QTREX Quantum Ltd. (IINN)?
QTREX Quantum Ltd. Chief Financial Officer Tehila Yafit reported selling 30,000 Ordinary Shares. The shares came from vested RSUs and were sold in open-market transactions under an existing Rule 10b5-1 trading plan at prices around $3.50 per share.
Were the QTREX Quantum (IINN) insider sales made under a Rule 10b5-1 plan?
Yes. The footnote states the securities were sold pursuant to an existing Rule 10b5-1 trading plan. Such plans are pre-arranged trading programs that schedule share sales in advance, reducing the significance of short-term market timing for these transactions.