Quipt Home Medical Corp. (QIPT) CEO reports major stock option exercises

Rhea-AI Filing Summary

Quipt Home Medical Corp.'s President and CEO Gregory John Crawford, who also serves as a director, reported exercising stock options for 581,000 common shares on 12/05/2025 at an exercise price of $1.11 per share, based on converting a C$1.50 exercise price at a 0.74 exchange rate.

After these transactions he directly owns 3,351,196 common shares. Additional holdings include 22,500 common shares held by his spouse and 1,216,832 common shares held by a family trust for his children, for which he disclaims beneficial ownership. Options corresponding to 581,000 of his shares and 2,500 of his spouse’s shares, expiring on 04/09/2028, were fully exercised in these moves, leaving no remaining options from these specific grants.

SEC Form 4

FORM 4

UNITED 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

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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^*

Crawford Gregory John

(Last) (First) (Middle)

C/O QUIPT HOME MEDICAL CORP.

1019 TOWN DRIVE

(Street)

WILDER KY 41076

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Quipt Home Medical Corp. [ QIPT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President/CEO

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	12/05/2025		M		581,000(1)	A	$1.11(1)	3,351,196	D
Common Shares	12/05/2025		M		2,500	A	$1.11(1)	22,500	I	By Spouse
Common Shares								1,216,832	I	By Trust(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Shares	$1.11	12/05/2025		M			581,000	(2)	04/09/2028	Common Shares	581,000	$0.00	0	D
Common Shares	$1.11	12/05/2025		M			2,500(3)	(2)	04/09/2028	Common Shares	2,500	$0.00	0	I	By Spouse

Explanation of Responses:

1. The exercise price for this award is denominated in Canadian dollars at 1.50. All these options have vested according to the award agreement and are, as of October 1, 2024, exercisable. Converted from Canadian dollars to United States dollars as of the date hereof at a conversion rate of 0.74 United States dollars per Canadian dollar.

2. Shares are held by the Gregoy J. Crawford Family 2017 Children's Trust for the benefit of Mr. Crawford's children. Mr. Crawford disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Crawford is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

3. The reporting person is reporting this transaction to reflect an option granted to the reporting person's spouse that was recently discovered. The reporting person was not previously aware of the option and is reporting it promptly upon discovery. The reporting person disclaims beneficial ownership of the securities held by the spouse, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

	/s/ Gregory John Crawford	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Quipt Home Medical (QIPT) report for its CEO?

Quipt Home Medical's President and CEO Gregory John Crawford, also a director, exercised stock options for 581,000 common shares on 12/05/2025, acquiring those shares at an exercise price of $1.11 per share.

At what price were Gregory John Crawford’s Quipt Home Medical (QIPT) options exercised?

The options were originally granted with an exercise price of C$1.50 and, as reported, were converted at a rate of 0.74 U.S. dollars per Canadian dollar, resulting in an effective exercise price of $1.11 per share.

How many Quipt Home Medical (QIPT) shares does Gregory Crawford own after the transaction?

Following the reported transactions, Gregory John Crawford directly owns 3,351,196 common shares. In addition, 22,500 common shares are held by his spouse and 1,216,832 common shares are held by a family trust for his children, and he disclaims beneficial ownership of the trust and spouse-held shares.

What derivative securities were involved in Gregory Crawford’s Quipt Home Medical (QIPT) transactions?

The transactions involved stock options on Quipt Home Medical common shares. Options over 581,000 shares held by Gregory Crawford and 2,500 shares held by his spouse, each with a $1.11 exercise price and a stated expiration of 04/09/2028, were exercised, with zero options remaining from these specific grants.

How are the Quipt Home Medical (QIPT) shares held in the family trust treated?

The report states that shares are held by the Gregory J. Crawford Family 2017 Children's Trust for the benefit of Mr. Crawford's children. It also states that Mr. Crawford disclaims beneficial ownership of these securities and that this should not be deemed an admission of beneficial ownership for any purpose.

What does the report say about the option granted to Gregory Crawford’s spouse in Quipt Home Medical (QIPT)?

The report explains that the reporting person is reporting an option granted to the spouse that was recently discovered. It notes that he was not previously aware of the option and is reporting it promptly upon discovery, and that he disclaims beneficial ownership of the securities held by the spouse.