Quanterix (QTRX) director adds 3,955 shares via RSU vest
Rhea-AI Filing Summary
Quanterix Corp (QTRX) director Jeffrey Thomas Elliott reported an exercise and conversion of restricted stock units (RSUs) into common stock. On August 19, 2026, 3,955 RSUs were converted into 3,955 shares of common stock on a one-for-one basis. Following the transactions, Elliott directly held 15,345 shares of common stock and 4,075 RSUs. The RSUs relate to a prior grant of 11,985 RSUs, vesting 33%, 33%, and 34% on the first, second, and third anniversaries of the August 19, 2024 grant date, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,955 shares
Net Buy
2 txns
Insider
Elliott Jeffrey Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 3,955 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,955 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,075 shares (Direct);
Common Stock — 15,345 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On August 19, 2024, the reporting person was granted 11,985 restricted stock units, vesting 33%, 33%, and 34% on the first, second, and third anniversaries of the grant date, respectively.
Key Figures
Restricted stock units converted: 3,955 units
Common stock holdings after transaction: 15,345 shares
Restricted stock units remaining: 4,075 units
+2 more
5 metrics
Restricted stock units converted
3,955 units
RSUs converted into common stock on August 19, 2026
Common stock holdings after transaction
15,345 shares
Direct ownership after RSU conversion
Restricted stock units remaining
4,075 units
Direct RSU balance following the reported transactions
Original RSU grant size
11,985 units
RSUs granted on August 19, 2024
RSU vesting schedule
33%, 33%, 34%
Vesting on first, second, and third anniversaries of August 19, 2024 grant date
Key Terms
Restricted stock unit, derivative security, Exercise or conversion of derivative security
3 terms
Restricted stock unit financial
"Restricted stock units convert into common stock on a one-for-one basis"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
FAQ
What insider transaction did Quanterix Corp (QTRX) report for Jeffrey Thomas Elliott?
Jeffrey Thomas Elliott reported exercising 3,955 restricted stock units into 3,955 shares of common stock on August 19, 2026. The transaction was reported as an exercise or conversion of a derivative security rather than an open-market purchase or sale.
How many restricted stock units does the Quanterix (QTRX) director still hold?
Following the transactions, Jeffrey Thomas Elliott held 4,075 restricted stock units. These RSUs are part of an earlier grant that converts into common stock on a one-for-one basis as vesting occurs.
What was the size and vesting schedule of the Quanterix (QTRX) RSU grant to Jeffrey Thomas Elliott?
On August 19, 2024, Jeffrey Thomas Elliott was granted 11,985 restricted stock units. The RSUs vest 33% on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the grant date.
Was Jeffrey Thomas Elliott’s Quanterix (QTRX) Form 4 transaction under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox was not affirmed (false). There is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
