Quanterix CTO converts 159 RSUs to shares
Quanterix Corp (QTRX) reported insider equity activity by Chief Technology Officer Michael Francis Miller.
Rhea-AI Filing Summary
Quanterix Corp (QTRX) reported insider equity activity by Chief Technology Officer Michael Francis Miller. On August 31, 2026, 159 restricted stock units converted into 159 shares of common stock, and 48 of those shares were delivered or withheld at $2.67 per share for payment of exercise price or tax liability. The RSU award referenced in this filing was part of a 6,278-unit grant originally awarded on September 23, 2022, with vesting over four years.
Positive
- None.
Negative
- None.
Insider Trade Summary
159 shares exercised/converted
Exercise
3 txns
Insider
Miller Michael Francis
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 159 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 159 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 48 | $2.67 | $128.16 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 37,361 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On September 23, 2022, the reporting person was granted 6,278 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the last day of each month thereafter.
Key Figures
RSUs converted: 159 restricted stock units
Common shares acquired on conversion: 159 shares
Shares delivered or withheld: 48 shares
+4 more
7 metrics
RSUs converted
159 restricted stock units
Converted into common stock on August 31, 2026
Common shares acquired on conversion
159 shares
Issued upon RSU conversion on August 31, 2026
Shares delivered or withheld
48 shares
Used for payment of exercise price or tax liability
Per-share amount for tax or exercise payment
$2.67 per share
Applied to 48 shares under transaction code F
Original RSU grant size
6,278 restricted stock units
Granted on September 23, 2022 with four-year vesting schedule
Initial cliff vesting portion
25%
Of 6,278 RSUs vesting on first anniversary of grant date
Remaining vesting installments
36 monthly installments
Covering remaining 75% of the 6,278 RSUs
Key Terms
Restricted Stock Unit, Exercise or conversion of derivative security, Payment of exercise price or tax liability, vesting in 36 equal monthly installments
4 terms
Restricted Stock Unit financial
"The reporting person held "Restricted Stock Unit" awards that converted"
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.
Exercise or conversion of derivative security financial
"Transaction code M is described as "Exercise or conversion of derivative security""
Payment of exercise price or tax liability financial
"Transaction code F is "Payment of exercise price or tax liability by delivering""
vesting in 36 equal monthly installments financial
"The RSU grant vests 25% on the first anniversary, with the remaining 75% vesting "in 36 equal monthly installments""
FAQ
What did Quanterix (QTRX) CTO Michael Francis Miller report in this Form 4?
He reported the conversion of 159 restricted stock units into 159 shares of Quanterix common stock on August 31, 2026, with 48 shares delivered or withheld to cover exercise price or tax liability at $2.67 per share.
How many Quanterix (QTRX) RSUs were converted in this transaction?
A total of 159 restricted stock units were converted into 159 shares of Quanterix common stock on August 31, 2026, on a one-for-one basis under the terms of the RSU award.
What is the origin of the RSUs in this Quanterix (QTRX) Form 4?
The RSUs came from a grant of 6,278 restricted stock units awarded on September 23, 2022, vesting 25% on the first anniversary and the remaining 75% in 36 equal monthly installments thereafter.
Does this Quanterix (QTRX) Form 4 indicate an open-market stock sale by the CTO?
No. The transactions reflect RSU conversion into common stock and 48 shares delivered or withheld for payment of exercise price or tax liability, rather than an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.