Q/C Technologies (QCLS) grants CMO 50,000 stock options at $5
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Q/C Technologies, Inc. reported that Chief Medical Officer Mitchell Glass received a grant of employee stock options on common stock. The award covers 50,000 options, each giving the right to buy one share of common stock at an exercise price of $5.00 per share.
These options were granted on April 13, 2026 and expire on April 13, 2036. Following this grant, Glass holds 50,000 stock options directly. The options may expire earlier if he ceases to be employed by or provide services to the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Glass Mitchell
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 50,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 50,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 50,000 options
Exercise price: $5.00 per share
Expiration date: April 13, 2036
+1 more
4 metrics
Options granted
50,000 options
Employee stock option grant to CMO on April 13, 2026
Exercise price
$5.00 per share
Exercise price for the 50,000 stock options
Expiration date
April 13, 2036
Option term end date for the grant
Post-transaction derivative holdings
50,000 options
Total options held by Mitchell Glass after the grant
Key Terms
Employee Stock Option, exercise price, expiration, Common Stock
4 terms
Employee Stock Option financial
"security_title: "Employee Stock Option (Right to Buy)""
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
exercise price financial
"conversion_or_exercise_price: "5.0000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration financial
"The stock options are subject to expiration if the Reporting Person ceases to be employed"
Common Stock financial
"underlying_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.
FAQ
What insider transaction did QCLS report for Mitchell Glass?
Q/C Technologies reported a compensation-related grant to Chief Medical Officer Mitchell Glass of 50,000 employee stock options. Each option allows him to buy one share of common stock at a $5.00 exercise price, creating a future opportunity to acquire equity rather than an immediate stock purchase.
What are the key terms of Mitchell Glass’s QCLS stock option grant?
Mitchell Glass received 50,000 employee stock options with a $5.00 exercise price per share. The options were granted on April 13, 2026 and will expire on April 13, 2036, providing a 10-year window during which he may choose to exercise them.
Did Mitchell Glass buy or sell any QCLS common stock in this filing?
No open-market buy or sell of Q/C Technologies common stock is reported. The Form 4 shows only a grant of 50,000 employee stock options, which is a compensation award. These options give future purchase rights instead of reflecting an immediate market transaction in existing shares.
How many QCLS stock options does Mitchell Glass hold after this grant?
After the reported transaction, Mitchell Glass holds 50,000 employee stock options directly. The filing shows this total as his derivative holdings following the grant, all tied to Q/C Technologies common stock with a $5.00 exercise price and a 2036 expiration date.
When do Mitchell Glass’s QCLS stock options expire and what affects them?
The options expire on April 13, 2036, giving a 10-year term from grant. A footnote explains they are subject to earlier expiration if he stops being employed by, or providing services to, Q/C Technologies, meaning continued service is a condition for keeping this award.