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QumulusAI grants CIO 3 stock awards at $0.00

Chief Integration Officer Ankur Chatterjee received multi-year time-vested equity awards in QumulusAI, Inc. common stock as part of his compensation.

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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. Chatterjee Ankur reported acquisition or exercise transactions in this Form 4 filing.

QumulusAI, Inc. (QMLS) reported that Chief Integration Officer Ankur Chatterjee received three equity grants of common stock on September 1, 2026, all at a reported price of $0.00 per share as compensation awards. The grants are in the form of restricted stock unit awards under the QumulusAI, Inc. 2026 Equity Incentive Plan, with time-based vesting schedules extending through 2029, conditioned on his continued employment. In addition, 28,811 shares of common stock are reported as held indirectly through Kesston Group, LLC.

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Insider Chatterjee Ankur
Role Chief Integration Officer
Type Security Shares Price Value
Grant/Award Common Stock F1 85,179 $0.00 $0.00
Grant/Award Common Stock F2 83,659 $0.00 $0.00
Grant/Award Common Stock F3, F4 69,606 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 238,444 shares (Direct); Common Stock — 28,811 shares (Indirect, By Kesston Group, LLC)
Footnotes (4)
  1. F1. These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 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 on September 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan.
  3. F3. These shares vest with respect to 17,402 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.
  4. F4. Includes 133,490 shares to be issued upon vesting pursuant to a 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 award 1 size 85,179 shares Restricted stock unit award of common stock granted September 1, 2026 with multi-year vesting from 2026 to 2029
Initial vesting from RSU award 1 21,295 shares Portion of the 85,179-share RSU award vesting on September 1, 2026
RSU award 2 size 83,659 shares Restricted stock unit award vesting in full on September 1, 2026
RSU award 3 size 69,606 shares Restricted stock unit award granted September 1, 2026 with vesting from 2027 to 2030
Initial vesting from RSU award 3 17,402 shares Portion of the 69,606-share RSU award vesting on September 1, 2027
Shares to be issued upon RSU vesting 133,490 shares Shares to be issued to Ankur Chatterjee upon vesting of RSU awards under the 2026 Equity Incentive Plan
Indirectly held shares 28,811 shares Common stock held indirectly by Kesston Group, LLC
restricted stock unit financial
"These shares vest with respect to 21,295 shares on September 1, 2026 pursuant to a restricted stock unit award"
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
"pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan"
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 6.25% of the remaining shares quarterly over 12 quarters"
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.
indirect ownership financial
"total shares following transaction 28,811.0000 with nature of ownership By Kesston Group, LLC"
continued employment condition financial
"conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date"

FAQ

What equity awards did QMLS grant to Chief Integration Officer Ankur Chatterjee?
QumulusAI, Inc. granted three awards of common stock to Chief Integration Officer Ankur Chatterjee on September 1, 2026. Each award is structured as a restricted stock unit (RSU) grant under the 2026 Equity Incentive Plan with time-based vesting and a reported grant price of $0.00 per share.

How do the 85,179-share RSUs for QMLS’s Chief Integration Officer vest?
The 85,179-share RSU award vests as follows: 21,295 shares on September 1, 2026 and 6.25% of the remaining shares quarterly over 12 quarters starting December 1, 2026, subject to Ankur Chatterjee remaining an employee through each vesting date.

What is the vesting schedule for the 83,659-share RSU grant at QMLS?
The 83,659-share restricted stock unit award to Ankur Chatterjee vests in full on September 1, 2026. It was granted under the QumulusAI, Inc. 2026 Equity Incentive Plan and is subject to his continued employment through that vesting date.

How do the 69,606-share RSUs for QMLS’s Chief Integration Officer vest?
The 69,606-share RSU award vests as follows: 17,402 shares on September 1, 2027 and 6.25% of the remaining shares quarterly over 12 quarters starting December 1, 2027, conditioned on continued employment through each vesting date.

What future QMLS shares are scheduled to be issued under Ankur Chatterjee’s RSUs?
The filing states that Ankur Chatterjee has 133,490 shares to be issued upon vesting pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, subject to him remaining an employee through the applicable vesting dates.

What indirect QMLS share holdings are reported for Ankur Chatterjee?
An indirect holding of 28,811 shares of QumulusAI, Inc. common stock is reported as held "By Kesston Group, LLC". This entry is categorized as indirect ownership in the Form 4 holding table.

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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*
Chatterjee Ankur
(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)
Chief Integration Officer
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 Stock09/01/2026A85,179(1)A$085,179D
Common Stock09/01/2026A83,659(2)A$0168,838D
Common Stock09/01/2026A69,606(3)A$0238,444(4)D
Common Stock28,811IBy Kesston Group, 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 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 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 on September 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan.
3. These shares vest with respect to 17,402 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.
4. Includes 133,490 shares to be issued upon vesting pursuant to a 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/ Ankur Chatterjee09/02/2026
** 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)

Source: View Original Filing on SEC EDGAR