Quanterix (QTRX) director receives 3,456-share stock grant for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mendel Scott reported acquisition or exercise transactions in this Form 4 filing.
Quanterix Corp director Scott Mendel received a stock grant as board compensation. He was awarded 3,456 shares of Common Stock at a reference price of $4.34 per share, issued in lieu of cash fees for his service on the Board and its committees for the second quarter of 2026. Following this grant, he holds 16,837 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mendel Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,456 | $4.34 | $15K |
Holdings After Transaction:
Common Stock — 16,837 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock grant: 3,456 shares
Reference price per share: $4.34/share
Holdings after grant: 16,837 shares
3 metrics
Stock grant
3,456 shares
Common Stock granted in lieu of cash fees for Q2 2026 Board service
Reference price per share
$4.34/share
Value reported for the 3,456-share grant
Holdings after grant
16,837 shares
Total Quanterix Common Stock held directly by Scott Mendel after transaction
Key Terms
Grant, award, or other acquisition, Common Stock, stock granted in lieu of cash fees
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
stock granted in lieu of cash fees financial
"Consists of stock granted in lieu of cash fees for service"
FAQ
What insider transaction did Quanterix Corp (QTRX) report for Scott Mendel?
Quanterix reported that director Scott Mendel received a grant of 3,456 shares of Common Stock. The shares were issued as compensation for his Board and committee service for the second quarter of 2026, rather than paying those fees in cash.
Was the Quanterix (QTRX) Scott Mendel transaction an open-market purchase or a stock grant?
The transaction was a stock grant, not an open-market purchase. The Form 4 shows code “A” for a grant, award, or other acquisition, with shares granted in lieu of cash fees for Mendel’s Board and committee service in the second quarter of 2026.
Why did Quanterix (QTRX) grant stock to Scott Mendel instead of paying cash fees?
The footnote explains that the shares consist of stock granted in lieu of cash fees. They cover compensation for Scott Mendel’s service on Quanterix’s Board of Directors and its committees for the second quarter of 2026, replacing what would otherwise have been cash payments.