Q/C Technologies (QCLS) director receives 50,000 options at $5 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Q/C TECHNOLOGIES, INC. director Bruce Bernstein received an award of employee stock options covering 50,000 shares of common stock on April 13, 2026. The options have an exercise price of $5.00 per share and were granted at a price of $0.00 per option.
The options are exercisable into 50,000 shares of common stock and expire on April 13, 2036. According to the filing, the options are subject to expiration if Bernstein ceases to be employed by, or to provide services to, the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bernstein Bruce
Role
Director
| 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
Underlying shares: 50,000 shares
+2 more
5 metrics
Options granted
50,000 options
Employee stock option award on April 13, 2026
Exercise price
$5.00 per share
Conversion or exercise price for the options
Underlying shares
50,000 shares
Common stock underlying the employee stock options
Option grant price
$0.00 per option
Reported transaction price per option at grant
Expiration date
April 13, 2036
Final expiration for the employee stock options
Key Terms
Employee Stock Option (Right to Buy), conversion or exercise price, expiration date, underlying security, +1 more
5 terms
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
conversion or exercise price financial
"conversion_or_exercise_price: "5.0000""
expiration date financial
"expiration_date: "2036-04-13T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
underlying security financial
"underlying_security_title: "Common Stock""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Q/C TECHNOLOGIES (QCLS) report for Bruce Bernstein?
Q/C TECHNOLOGIES reported that director Bruce Bernstein received a grant of employee stock options for 50,000 shares of common stock. These options were awarded at no cost per option and give him the right to buy shares at a fixed exercise price of $5.00.
What is the exercise price of Bruce Bernstein’s new QCLS stock options?
The new employee stock options granted to Bruce Bernstein have an exercise price of $5.00 per share. This means he can purchase Q/C TECHNOLOGIES common stock at $5.00, regardless of the future market price, as long as the options remain valid and unexpired.
When do Bruce Bernstein’s QCLS stock options expire?
The employee stock options granted to Bruce Bernstein expire on April 13, 2036. He may exercise them at $5.00 per share before that date, subject to remaining employed by or providing services to Q/C TECHNOLOGIES, as required by the option terms.
Are Bruce Bernstein’s Q/C TECHNOLOGIES options subject to forfeiture conditions?
Yes. The footnote states that Bruce Bernstein’s stock options are subject to expiration if he ceases to be employed by, or to provide services to, Q/C TECHNOLOGIES. Losing that relationship could cause the options to lapse before the stated April 13, 2036 expiration date.