Miles Mark Alan 4

What Happened

• Mark A. Miles, Chief Compliance Officer of Quipt Home Medical Corp. (QIPT), disposed of 110,000 common shares on March 16, 2026 at $3.65 per share for proceeds of $401,500. In the same transaction date he also had additional derivative interests (RSUs and/or options) surrendered/cashed out (12,500; 30,000; and 15,000 units reported as derivative dispositions).
• These dispositions were not open-market sales but part of a corporate arrangement in which the company was acquired and all shares/awards were converted into a cash payment of US$3.65 per share (subject to tax withholding) paid by the acquirers.

Key Details

• Transaction date: 2026-03-16; Filing date/Period of Report: 2026-03-16 (timely filing).
• Reported sale: 110,000 shares at $3.65/share = $401,500.
• Reported derivative dispositions: 12,500; 30,000; 15,000 units (prices shown as N/A in the Form 4 because these were RSU/option cash-outs under the arrangement).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: (1) Company was acquired under a plan of arrangement; each share (except dissenting shareholders) was converted into the right to receive US$3.65 in cash. (2) RSUs were treated as the economic equivalent of shares and cashed out at $3.65 less tax withholdings. (3) Options were deemed vested, then surrendered for cash equal to the excess of $3.65 over the option strike (options with strike ≥ $3.65 were cancelled for no consideration).

Context

• This is a change-of-control cash-out (disposition to the issuer/arranger), not a routine open-market sale; proceeds reflect the takeover price of $3.65 per share.
• For derivative items: RSUs were converted into cash at the deal price; options were effectively exercised/settled for cash equal to the deal price minus strike where in-the-money.
• Such transaction filings reflect the mechanics of the acquisition and do not, by themselves, indicate the insider’s ongoing market view.