Quantum-Si CPO sells 30K shares for tax cover
Quantum-Si Inc Chief Product Officer John S. Vieceli reported sales of 30,223 shares of Class A Common Stock to cover tax obligations tied to vesting restricted stock units.
Rhea-AI Filing Summary
Quantum-Si Inc Chief Product Officer John S. Vieceli reported sales of 30,223 shares of Class A Common Stock to cover tax obligations tied to vesting restricted stock units. The transactions occurred on June 22 and June 23 in open-market sales under a mandatory sell-to-cover provision that was set at the grant date and cannot be altered by the individual.
Shares were sold at weighted average prices of $0.9574 and $0.899 per share across price ranges described in the footnotes. After these sales, Vieceli directly holds 1,140,434 shares of Quantum-Si Class A Common Stock, indicating he retains a substantial equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,112 | $0.899 | $14K |
| Sale | Class A Common Stock | 15,111 | $0.9574 | $14K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
sell-to-cover provision financial
restricted stock units financial
weighted average sales price financial
open-market sale financial
withholding taxes financial
FAQ
What did Quantum-Si (QSI) Chief Product Officer John Vieceli report in this Form 4?
What is a sell-to-cover provision as used in this Quantum-Si (QSI) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.