Quantinuum CFO buys shares after restricted awards
Quantinuum Inc.’s Chief Financial Officer Nitesh Sharan reported several acquisitions of Class A Common Stock.
Rhea-AI Filing Summary
Quantinuum Inc.’s Chief Financial Officer Nitesh Sharan reported several acquisitions of Class A Common Stock. He received 289,798 restricted shares in a recapitalization transaction and a further 44,548 restricted shares as a stock award. These awards were made at no cash cost to him.
After these awards, he made an open-market purchase of 6,500 shares at $60.00 per share. Following these transactions, he directly owns 340,846 Class A Common Stock shares. One award was completed before Quantinuum’s initial public offering and is being reported under Rule 16a-2(a).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 6,500 | $60.00 | $390K |
| Grant/Award | Class A Common Stock | 44,548 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 289,798 | $0.00 | $0.00 |
Footnotes (3)
- F1. This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering, and is reported herein pursuant to Rule 16a-2(a).
- F2. Represents an acquisition of restricted shares of Class A Common Stock pursuant to a recapitalization transaction.
- F3. Represents an award of restricted stock.
Key Figures
Key Terms
recapitalization transaction financial
restricted stock financial
initial public offering financial
Rule 16a-2(a) regulatory
FAQ
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What did Quantinuum (QNT) CFO Nitesh Sharan report in this Form 4?
What restricted stock awards did the Quantinuum (QNT) CFO receive?
Were any of the Quantinuum (QNT) CFO’s transactions linked to the IPO?
AI-generated analysis. How Rhea-AI works. Not financial advice.