STOCK TITAN

QumulusAI grants 85K RSUs to 10% owner Aderhold

Ten percent owner Michael Houston Aderhold received time-vested RSU awards totaling 85,690 QumulusAI, Inc. shares as equity compensation.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QumulusAI, Inc. (symbol: QMLS) is the issuer of record for a Form 4 filing submitted to the SEC. Aderhold Michael Houston reported acquisition or exercise transactions in this Form 4 filing.

QumulusAI, Inc. (QMLS) reports that ten percent owner Michael Houston Aderhold received two compensation-related grants of Common Stock on September 1, 2026 totaling 85,690 shares, structured as restricted stock unit (RSU) awards under the QumulusAI, Inc. 2026 Equity Incentive Plan at no cash cost.

The first RSU award covers 48,552 shares, vesting 12,138 shares on March 1, 2027 and 6.25% of the remaining shares quarterly over 12 quarters starting June 1, 2027. The second covers 37,138 shares, vesting 9,285 shares on September 1, 2027 and 6.25% of the remaining shares quarterly over 12 quarters starting December 1, 2027, all conditioned on continued employment. A separate line shows 96,293 Common Shares held indirectly through MHA Technologies LLC, which includes 85,690 shares to be issued upon RSU vesting.

Positive

  • None.

Negative

  • None.
Insider Aderhold Michael Houston
Role 10% Owner
Type Security Shares Price Value
Grant/Award Common Stock F1 48,552 $0.00 $0.00
Grant/Award Common Stock F2, F3 37,138 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 5,666,909 shares (Direct); Common Stock — 96,293 shares (Indirect, By MHA Technologies LLC)
Footnotes (3)
  1. F1. These shares vest with respect to 12,138 shares on March 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing June 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
  2. F2. These shares vest with respect to 9,285 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
  3. F3. Includes 85,690 shares to be issued upon vesting pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI through the applicable vesting dates.
RSU grant 1 size 48,552 shares Restricted stock unit award on September 1, 2026 vesting from March 1, 2027
RSU grant 2 size 37,138 shares Restricted stock unit award on September 1, 2026 vesting from September 1, 2027
Total RSU shares granted 85,690 shares Sum of two RSU awards granted to Michael Houston Aderhold
Initial vesting tranche grant 1 12,138 shares Vesting on March 1, 2027 under first RSU award
Initial vesting tranche grant 2 9,285 shares Vesting on September 1, 2027 under second RSU award
Quarterly vesting rate 6.25% of remaining shares Quarterly vesting over 12 quarters for each RSU award
Indirect holdings through MHA Technologies LLC 96,293 shares Common Stock held indirectly as of the reported date
Unvested RSU shares included in holdings 85,690 shares Shares to be issued upon vesting of RSU awards under the 2026 Equity Incentive Plan
restricted stock unit award financial
"pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan"
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.
2026 Equity Incentive Plan financial
"award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan"
vesting date financial
"conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date"
ten percent owner financial
"reporting person is identified as a ten percent owner of QumulusAI, Inc."

FAQ

What equity awards did QMLS insider Michael Houston Aderhold receive on September 1, 2026?

He received two restricted stock unit awards totaling 85,690 shares of QumulusAI, Inc. Common Stock as equity compensation, with no cash price per share, under the QumulusAI, Inc. 2026 Equity Incentive Plan.

How do the new RSU awards for QMLS vest over time?

One RSU award for 48,552 shares vests 12,138 shares on March 1, 2027, then 6.25% of the remaining shares quarterly over 12 quarters from June 1, 2027. The other for 37,138 shares vests 9,285 shares on September 1, 2027, then 6.25% quarterly over 12 quarters from December 1, 2027.

What employment conditions apply to Michael Aderhold’s QMLS RSU awards?

All RSU awards are conditioned on Michael Aderhold remaining an employee of QumulusAI, Inc. through each applicable vesting date. Unvested RSUs do not settle into shares if this continued-employment condition is not met.

Were Michael Aderhold’s QMLS transactions made under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 trading plan for these transactions; the document-level Rule 10b5-1 checkbox is explicitly unchecked.

Is Michael Houston Aderhold a major shareholder of QumulusAI, Inc. (QMLS)?

Yes. He is identified as a ten percent owner of QumulusAI, Inc., and the Form 4 reports direct RSU grants plus indirect holdings through MHA Technologies LLC.

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

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Learn about SEC filing dates
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*
Aderhold Michael Houston

(Last)(First)(Middle)
33 SOUTH 6TH STREET SUITE 3600

(Street)
MINNEAPOLIS MINNESOTA 55402

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026
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
Common Stock09/01/2026A48,552(1)A$05,629,771D
Common Stock09/01/2026A37,138(2)A$05,666,909(3)D
Common Stock96,293IBy MHA Technologies LLC
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
Explanation of Responses:
1. These shares vest with respect to 12,138 shares on March 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing June 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
2. These shares vest with respect to 9,285 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date.
3. Includes 85,690 shares to be issued upon vesting pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI through the applicable vesting dates.
/s/ Michael Houston Aderhold09/02/2026
** 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)