Quantum X Labs co-CEO buys 5,000 shares at $4.88
Co-CEO Yakov Baranes increased his direct stake in QUANTUM X LABS INC. through an open-market share purchase.
Rhea-AI Filing Summary
QUANTUM X LABS INC. (QXL) reports that Co-CEO Yakov Baranes purchased 5,000 shares of common stock on September 15, 2026 in an open-market transaction at a weighted average price of $4.88 per share, with individual trade prices ranging from $4.88 to $4.97. Following this purchase, he directly owns 358,177 common shares. No transactions are reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Baranes Yakov
Role
Co-CEO
Bought
5,000 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 per share F1 | 5,000 | $4.88 | $24K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share — 358,177 shares (Direct)
Footnotes (1)
- F1. The reported price is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $4.88 to $4.97 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 5,000 shares
Weighted average purchase price: $4.88 per share
Purchase price range: $4.88–$4.97 per share
+2 more
5 metrics
Shares purchased
5,000 shares
Open-market purchase on September 15, 2026
Weighted average purchase price
$4.88 per share
Average across multiple trades on September 15, 2026
Purchase price range
$4.88–$4.97 per share
Range of prices for individual trades in the reported purchase
Shares owned after transaction
358,177 shares
Direct ownership by Co-CEO Yakov Baranes following the purchase
Rule 10b5-1 plan status
No Rule 10b5-1 plan reported
Document-level checkbox not marked and no plan referenced in footnotes
Key Terms
weighted average purchase price, Rule 10b5-1, par value
3 terms
weighted average purchase price financial
"The reported price is a weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
Rule 10b5-1 regulatory
"The Reporting Person undertakes to provide to the Issuer, any security holder..."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
par value financial
"Common Stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did QUANTUM X LABS INC. (QXL) report for Yakov Baranes?
Co-CEO Yakov Baranes bought 5,000 QXL common shares on September 15, 2026 in an open-market transaction, increasing his direct ownership to 358,177 shares.
What type of security did the QXL Co-CEO acquire in this Form 4?
The transaction reports the purchase of common stock, par value $0.0001 per share, of QUANTUM X LABS INC. in a non-derivative, open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.