Crawford Gregory John 4

What Happened

• Gregory J. Crawford, President, CEO and director of Quipt Home Medical Corp. (QIPT), had multiple dispositions on March 16, 2026 as part of a company arrangement that paid US$3.65 per share. Reported cash proceeds: 3,351,196 shares for $12,231,865; 22,500 shares for $82,125; and 1,216,832 shares for $4,441,437 — a combined ~4,590,528 shares for ~$16,755,427. An additional 75,000 derivative units are reported as disposed with no cash amount listed.

Key Details

• Transaction date and price: March 16, 2026 — $3.65 per share for the reported common shares.
• Total shares cash‑settled: ~4,590,528; total cash received (reported): ~$16.76M.
• Derivative line: 75,000 reported as disposed (value N/A). Filing notes RSUs were cash‑settled at $3.65 and options were deemed vested and surrendered for cash equal to the excess of $3.65 over exercise price (options with exercise price ≥ $3.65 were canceled for no consideration).
• Shares held in the Gregory J. Crawford Family 2017 Children's Trust are disclaimers of beneficial ownership (per filing).
• Filing date matches the transaction date (filed March 16, 2026); the report does not indicate a late filing.

Context

• These dispositions were not open‑market sales but cash payouts under a going‑private plan of arrangement: at the effective time, each share (and RSU) was converted into the right to receive US$3.65 in cash. Options were either cash‑settled for the in‑the‑money amount or canceled if out‑of‑the‑money. Such transactions reflect the corporate transaction terms rather than a typical insider sale motivated by personal trading decisions.