Quantinuum director buys 14,000 shares at $60
Quantinuum Inc. director Kenneth D. Denman increased his stake through both a purchase and an equity award.
Rhea-AI Filing Summary
Quantinuum Inc. director Kenneth D. Denman increased his stake through both a purchase and an equity award. He bought 14,000 shares of Class A Common Stock in an open-market transaction at $60.00 per share on June 5, 2026, bringing his directly held shares to 19,833.
On June 4, 2026, he also received a grant of 5,833 restricted stock units (RSUs), each representing one future share of Class A Common Stock. These RSUs vest in three equal annual installments beginning on June 5, 2027, adding a long-term, stock-based component to his compensation.
Insider Trade Summary
Net Buyer: 14,000 shares
Net Buy
2 txns
Insider
DENMAN KENNETH D
Role
Director
Bought
14,000 shs ($840K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 14,000 | $60.00 | $840K |
| Grant/Award | Class A Common Stock | 5,833 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 19,833 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest in three equal annual installments beginning on June 5, 2027.
Key Figures
Open-market purchase: 14,000 shares
Purchase price: $60.00 per share
Shares held after purchase: 19,833 shares
+3 more
6 metrics
Open-market purchase
14,000 shares
Class A Common Stock bought on June 5, 2026
Purchase price
$60.00 per share
Open-market transaction on June 5, 2026
Shares held after purchase
19,833 shares
Direct Class A holdings following June 5, 2026 trade
RSU award size
5,833 RSUs
Grant on June 4, 2026, each for one Class A share
RSU vesting schedule
3 equal annual installments
Beginning June 5, 2027
Net buy direction
Net-buy of 14,000 shares
transactionSummary netBuySellShares/netBuySellDirection
Key Terms
restricted stock units ("RSUs"), open-market purchase, grant/award acquisition, Class A Common Stock, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"The RSUs will vest in three equal annual installments beginning on June 5, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Quantinuum (QNT) director Kenneth D. Denman report?
Kenneth D. Denman reported buying 14,000 Quantinuum Class A shares at $60.00 each and receiving 5,833 restricted stock units. The filing covers transactions on June 4 and June 5, 2026, and updates his post-transaction holdings.
At what price did Kenneth D. Denman buy Quantinuum (QNT) stock?
Kenneth D. Denman purchased 14,000 shares of Quantinuum Class A Common Stock at $60.00 per share. This open-market transaction occurred on June 5, 2026, and is classified in the filing as a purchase in the open market or private transaction.
What are the terms of Kenneth D. Denman’s RSU award from Quantinuum (QNT)?
Denman received 5,833 restricted stock units, each equal to one share of Quantinuum Class A Common Stock. The RSUs vest in three equal annual installments starting June 5, 2027, creating a multi‑year, stock-based compensation incentive tied to continued service.
Is Kenneth D. Denman’s Quantinuum (QNT) transaction a purchase or a grant?
The Form 4 shows both a purchase and a grant. Denman bought 14,000 shares in an open-market transaction and separately acquired 5,833 shares through a restricted stock unit award, which vests over three years beginning June 5, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
