Quantum-Si (QSI) CPO sells 21,997 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quantum-Si Chief Product Officer John S. Vieceli reported mandatory sales of 21,997 shares of Class A common stock to cover tax withholding on vested RSUs. The shares were sold in open-market transactions on March 20 and March 23 at weighted average prices around $0.83–$0.85 per share.
The filing explains these sales occurred under a pre-set, mandatory sell-to-cover provision established when the restricted stock units were granted, which he cannot alter. After these transactions, he directly holds 1,170,657 shares, so the sale represents a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 21,997 shares ($18,416)
Net Sell
2 txns
Insider
Vieceli John S.
Role
Chief Product Officer
Sold
21,997 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 11,239 | $0.8266 | $9K |
| Sale | Class A Common Stock | 10,758 | $0.8483 | $9K |
Holdings After Transaction:
Class A Common Stock — 1,170,657 shares (Direct)
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 $0.8314 to $0.8718 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 $0.7973 to $0.8525 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.
FAQ
What did Quantum-Si (QSI) Chief Product Officer John S. Vieceli report in this Form 4?
He reported selling 21,997 shares of Quantum-Si Class A common stock. These sales were tied to tax withholding on vested restricted stock units, executed under a mandatory, pre-set sell-to-cover provision he cannot change.