Quantum-Si (QSI) CEO executes mandatory sell-to-cover on 22,621 vested shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quantum-Si Inc President & CEO Jeffrey Alan Hawkins reported routine share sales tied to tax withholding on vested equity. On two days, he sold a total of 22,621 shares of Class A Common Stock in open-market transactions under a mandatory sell-to-cover provision for federal, state and local taxes related to previously granted restricted stock units. The sales occurred at weighted average prices around $0.96 and $0.90 per share, and he held 3,669,802 shares directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 22,621 shares ($20,997)
Net Sell
2 txns
Insider
Hawkins Jeffrey Alan
Role
President & CEO
Sold
22,621 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,311 | $0.899 | $10K |
| Sale | Class A Common Stock | 11,310 | $0.9574 | $11K |
Holdings After Transaction:
Class A Common Stock — 3,669,802 shares (Direct, null)
Footnotes (1)
- Represents shares sold pursuant to a mandatory Quantum-Si sell-to-cover provision for required federal, state and local withholding taxes in connection with the vesting of previously granted restricted stock units. Individual is not able to alter this mandatory sell-to-cover provision that is enacted at the grant date of the related restricted stock unit award. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.9212 to $1.005 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.88 to $0.9291 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Key Figures
Shares sold 2026-06-22: 11,310 shares
Shares sold 2026-06-23: 11,311 shares
Total shares sold: 22,621 shares
+3 more
6 metrics
Shares sold 2026-06-22
11,310 shares
Open-market sale of Class A Common Stock at $0.9574 per share
Shares sold 2026-06-23
11,311 shares
Open-market sale of Class A Common Stock at $0.8990 per share
Total shares sold
22,621 shares
Combined shares sold across two open-market transactions
Holdings after transactions
3,669,802 shares
Direct holdings of Class A Common Stock following sales
Sale price range 2026-06-22
$0.9212–$1.005 per share
Prices underlying weighted average of $0.9574 per share
Sale price range 2026-06-23
$0.88–$0.9291 per share
Prices underlying weighted average of $0.8990 per share
Key Terms
sell-to-cover, restricted stock units, weighted average sales price per share, open-market sale, +1 more
5 terms
sell-to-cover financial
"Represents shares sold pursuant to a mandatory Quantum-Si sell-to-cover provision for required federal, state and local withholding taxes"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
restricted stock units financial
"withholding taxes in connection with the vesting of previously granted restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
withholding taxes financial
"for required federal, state and local withholding taxes in connection with the vesting"
Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.
FAQ
What insider transaction did Quantum-Si (QSI) disclose for Jeffrey Alan Hawkins?
Quantum-Si disclosed that President & CEO Jeffrey Alan Hawkins sold 22,621 shares of Class A Common Stock in two open-market transactions. These sales were connected to tax withholding on vested restricted stock units under a mandatory sell-to-cover provision.