QTREX Quantum (QTEX) awards COO 550,000 RSUs with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
shabtay abraham reported acquisition or exercise transactions in this Form 4 filing.
QTREX Quantum Ltd. granted COO Shabtay Abraham 550,000 equity units recorded as Ordinary Shares at an effective price of $0.0000 per share under the company’s 2019 plan. The grant consists of Restricted Share Units, with 183,334 RSUs vesting on July 1, 2027 and the remaining RSUs vesting quarterly over two years. After this award, he holds 1,882,713 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
shabtay abraham
Role
COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 550,000 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 1,882,713 shares (Direct)
Footnotes (1)
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Key Figures
RSUs/Ordinary Shares Granted: 550,000 shares
Grant Price per Share: $0.0000
Shares Held After Transaction: 1,882,713 shares
+1 more
4 metrics
RSUs/Ordinary Shares Granted
550,000 shares
Grant/award acquisition to COO Shabtay Abraham on 2026-07-06
Grant Price per Share
$0.0000
Effective price for 550,000 granted equity units
Shares Held After Transaction
1,882,713 shares
Direct ordinary share holdings following the grant
Initial Vesting Tranche
183,334 RSUs
RSUs scheduled to vest on July 1, 2027
Key Terms
Restricted Share Units ("RSUs"), 2019 Plan, Ordinary Shares, vest
4 terms
2019 Plan financial
"were granted under Qtrex Quantum Ltd.'s (formerly Insense Medical) 2019 Plan"
vest financial
"and will vest according to the following schedule: 183,334 RSUs will vest on July 1, 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
What did QTEX COO Shabtay Abraham receive in this Form 4 transaction?
COO Shabtay Abraham received a grant of 550,000 equity units reported as Ordinary Shares from QTREX Quantum Ltd. The award represents Restricted Share Units granted under the company’s 2019 plan as part of his compensation package, subject to multi-year vesting conditions.
How do the newly granted QTEX RSUs to the COO vest over time?
Of the award to QTEX COO Shabtay Abraham, 183,334 Restricted Share Units will vest on July 1, 2027. The remaining RSUs will then vest on a quarterly basis over the following two years, creating a staggered, time-based vesting schedule tied to continued service.
Was the QTEX insider transaction a market purchase or a compensation grant?
The QTEX insider transaction was a grant/award acquisition, not an open-market purchase. It is coded as an “A” transaction, representing a grant under QTREX Quantum Ltd.’s 2019 Plan, with an effective price of $0.0000 per share and a defined vesting schedule.
Under which plan were the QTEX RSUs granted to the COO?
The RSUs granted to QTEX COO Shabtay Abraham were issued under QTREX Quantum Ltd.’s 2019 Plan. The footnote specifies that these Restricted Share Units are subject to future vesting milestones beginning in 2027 and continuing quarterly for two years thereafter.