QumulusAI director Kenworthy receives 17,361-share award

The reported post-transaction direct position includes 32,933 shares tied to restricted stock unit awards subject to continued director service.

Rhea-AI Filing Summary

QumulusAI, Inc. (QMLS) director Stacy James Kenworthy acquired 17,361 shares of common stock through a restricted stock unit award on October 1, 2026. The award vests on October 1, 2027 under the company’s 2026 Equity Incentive Plan. Direct holdings following the transaction were 46,267 shares, including 32,933 shares to be issued upon vesting and settlement under restricted stock unit awards, conditioned on his remaining a director through the applicable vesting dates.

Insider Trade Summary

Grant/Award: 17,361 shares

Grant/Award 1 txn

Insider Kenworthy Stacy James

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	17,361	$0.00	$0.00

Holdings After Transaction: Common Stock — 46,267 shares (Direct)

Footnotes (2)

1. F1. These shares vest on October 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan.
2. F2. Includes 32,933 shares to be issued upon vesting and settlement pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI through the applicable vesting dates.

Key Figures

Shares acquired through award: 17,361 shares Direct shares following transaction: 46,267 shares Shares to be issued under RSU awards: 32,933 shares +1 more

4 metrics

Shares acquired through award 17,361 shares October 1, 2026

Direct shares following transaction 46,267 shares After the October 1, 2026 transaction

Shares to be issued under RSU awards 32,933 shares Upon vesting and settlement; conditioned on remaining a director through applicable vesting dates

Award vesting date October 1, 2027 Restricted stock unit award

Key Terms

restricted stock unit award, vesting and settlement, 2026 Equity Incentive Plan

3 terms

restricted stock unit award financial

"pursuant to a restricted stock unit award"

A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.

vesting and settlement financial

"upon vesting and settlement"

2026 Equity Incentive Plan financial

"under the QumulusAI, Inc. 2026 Equity Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did QMLS director Stacy James Kenworthy receive?

Stacy James Kenworthy acquired 17,361 shares of QumulusAI common stock through a restricted stock unit award on October 1, 2026.

When do Stacy James Kenworthy’s QMLS restricted stock units vest?

The 17,361-share award vests on October 1, 2027 under the QumulusAI, Inc. 2026 Equity Incentive Plan. The reported direct holdings also include 32,933 shares to be issued upon vesting and settlement under restricted stock unit awards, conditioned on his remaining a director through the applicable vesting dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 05:31 PM Accepted by SEC EDGAR 10/05/2026 - 05:31 PM Learn about SEC filing dates

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

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^*

Kenworthy Stacy James

(Last) (First) (Middle)

817 W. PEACHTREE STREET NW, SUITE 935

(Street)

ATLANTA GEORGIA 30308

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
QumulusAI, Inc. [ QMLS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2026		A		17,361(1)	A	$0	46,267(2)	D

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

Explanation of Responses:

1. These shares vest on October 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan.

2. Includes 32,933 shares to be issued upon vesting and settlement pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI through the applicable vesting dates.

	/s/ Stacy James Kenworthy	10/05/2026
	** Signature of Reporting Person	Date
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)