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QumulusAI grants SVP Finance 70,273 RSUs

SVP Finance received time-based RSU awards over 70,273 QMLS shares with vesting starting in 2027, contingent on continued employment.

(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. Glickler Andrew Mark reported acquisition or exercise transactions in this Form 4 filing.

QumulusAI, Inc. (QMLS) reported that its SVP, Finance, Andrew Mark Glickler received two equity awards of common stock in RSU form totaling 70,273 shares under the QumulusAI, Inc. 2026 Equity Incentive Plan. One award of 12,777 shares begins vesting on March 1, 2027, and the other of 57,496 shares begins vesting on September 1, 2027, in each case subject to continued employment through the applicable vesting dates.

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Insider Glickler Andrew Mark
Role SVP, Finance
Type Security Shares Price Value
Grant/Award Common Stock F1 12,777 $0.00 $0.00
Grant/Award Common Stock F2, F3 57,496 $0.00 $0.00
Holdings After Transaction: Common Stock — 70,273 shares (Direct)
Footnotes (3)
  1. F1. These shares vest with respect to 3,194 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 14,374 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 70,273 shares to be issued upon vesting of 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 12,777 shares Restricted stock unit award of common stock granted on September 1, 2026
RSU grant 2 size 57,496 shares Restricted stock unit award of common stock granted on September 1, 2026
Total RSU shares referenced 70,273 shares Shares to be issued upon vesting of RSU awards under the 2026 Equity Incentive Plan
Initial vest date for 12,777-share RSU March 1, 2027 3,194 shares vest on this date, with remaining shares vesting quarterly thereafter
Initial vest date for 57,496-share RSU September 1, 2027 14,374 shares vest on this date, with remaining shares vesting quarterly thereafter
Quarterly vesting fraction 6.25% Portion of remaining RSU shares that vests each quarter over 12 quarters for both awards
restricted stock unit financial
"pursuant to a restricted stock unit award granted under the QumulusAI, Inc."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Equity Incentive Plan financial
"under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
vesting financial
"These shares vest with respect to 3,194 shares on March 1, 2027 and with respect"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What did the QMLS SVP, Finance report on this Form 4?

The SVP, Finance, Andrew Mark Glickler reported the grant of two restricted stock unit awards over QumulusAI, Inc. common stock, with an aggregate of 70,273 shares subject to future vesting under the company’s 2026 Equity Incentive Plan.

How many QMLS shares are covered by the new RSU grants?

The filing shows two RSU awards covering 12,777 shares and 57,496 shares of QumulusAI, Inc. common stock, for a total of 70,273 shares to be issued upon vesting, subject to the continued-employment conditions.

What is the vesting schedule for the 12,777-share RSU grant at QMLS?

For the 12,777-share RSU award, 3,194 shares vest on March 1, 2027, and 6.25% of the remaining shares vest quarterly over 12 quarters starting June 1, 2027, conditioned on the SVP, Finance remaining an employee through each vesting date.

What is the vesting schedule for the 57,496-share RSU grant at QMLS?

For the 57,496-share RSU award, 14,374 shares vest on September 1, 2027, and 6.25% of the remaining shares vest quarterly over 12 quarters starting December 1, 2027, conditioned on continued employment through each vesting date.

How many QMLS RSU shares are referenced as outstanding for the reporting person after these grants?

A footnote states that the reporting person’s holdings include 70,273 shares to be issued upon vesting of restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, all conditioned on remaining an employee through the applicable vesting dates.

Were the QMLS Form 4 transactions made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates no Rule 10b5-1 trading plan for these transactions; they are reported as grant, award, or other acquisitions of restricted stock units rather than trades under a pre-arranged plan.

What role does the reporting person hold at QumulusAI, Inc. (QMLS)?

The reporting person, Andrew Mark Glickler, is identified as an officer of QumulusAI, Inc. with the title SVP, Finance, and the equity awards reported are part of his compensation under the company’s 2026 Equity Incentive Plan.

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

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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*
Glickler Andrew Mark

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Finance
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 Stock09/01/2026A12,777(1)A$012,777D
Common Stock09/01/2026A57,496(2)A$070,273(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These shares vest with respect to 3,194 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 14,374 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 70,273 shares to be issued upon vesting of 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/ Andrew Mark Glickler09/02/2026
** 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.
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* Form 4: SEC 1474 (03-26)