Bachelder David 4

What Happened
David Bachelder, Executive Vice President of Operations at Quipt Home Medical Corp., disposed of shares on March 16, 2026 as part of a company sale/plan of arrangement. The Form 4 reports a disposition of 22,156 common shares at $3.65 each for $80,869 and two derivative dispositions (50,000 and 30,000 units) reported as N/A on the form. Footnotes to the filing state that all outstanding common shares, RSUs and vested/unvested options were cashed out under the arrangement at US$3.65 per share (less required tax withholdings), implying total gross consideration of approximately $372,869 for the 102,156 shares/units.

Key Details

• Transaction date: March 16, 2026; reported on Form 4 filed March 16, 2026 (appears timely).
• Reported trade(s): 22,156 common shares sold at $3.65 for $80,869; 50,000 and 30,000 derivative units (RSUs/options) disposed — Form lists N/A for per-unit price/value for these derivative items.
• Post-transaction holdings: the filing does not state a remaining share count; footnotes indicate all Shares were deemed transferred to the purchaser under the arrangement.
• Notable footnotes: (F1) Purchasers 1567208 B.C. LTD and REM Aggregator acquired all issued shares for US$3.65/share; (F2) RSUs were cashed out at US$3.65 each (less tax withholding); (F3) Options were vested/settled for the excess of US$3.65 over exercise price (options with exercise price ≥ US$3.65 cancelled).
• Tax/withholding: cash consideration subject to required tax withholding per footnotes.

Context
These were not open-market sales but a cash-out of equity due to a going-private/arrangement transaction—common in acquisitions and not an ordinary insider sale reflecting trading sentiment. The derivative entries reflect RSUs/options being converted to cash under the deal rather than separate option exercises or market trades.