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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| 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 |
Footnotes (3)
- 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.
- 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.
- 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.
Key Figures
Key Terms
restricted stock unit financial
Equity Incentive Plan financial
vesting financial
FAQ
What did the QMLS SVP, Finance report on this Form 4?
Were the QMLS Form 4 transactions made under a Rule 10b5-1 trading plan?
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