Roehrig Thomas 4

What Happened

• Thomas Roehrig, Chief Accounting Officer of Quipt Home Medical Corp. (QIPT), disposed of 173,000 common shares to the issuer on March 16, 2026 at $3.65 per share, receiving $631,450. The Form 4 also reports dispositions of 50,000, 50,000 and 30,000 additional derivative units (130,000 total) on the same date; these are recorded as derivative dispositions and show N/A for price/value on the filing.
• These transactions were part of a plan of arrangement that closed on March 16, 2026: Purchaser paid US$3.65 per common share. Under the arrangement, outstanding RSUs were cashed out at $3.65 per unit, and outstanding options were deemed vested and surrendered for a cash payment equal to the excess, if any, of $3.65 over the option strike (options with strike ≥ $3.65 were cancelled for no consideration).

Key Details

• Transaction date: March 16, 2026; Filing date: March 16, 2026 (appears timely).
• Reported sale: 173,000 common shares at $3.65 — proceeds reported $631,450.
• Additional reported dispositions: 50,000 + 50,000 + 30,000 derivative units (total 130,000); filing lists these as derivative dispositions with price/value N/A on the Form 4.
• Footnotes: F1 describes the change-of-control arrangement at $3.65/share; F2 confirms RSUs were cashed out at $3.65 each (less tax withholding); F3 explains options were vested and surrendered for cash equal to the excess of $3.65 over strike (or cancelled if strike ≥ $3.65).
• Shares owned after the transactions: not specified in the excerpt provided.

Context

• This was not an open-market sale but a disposition to the issuer under a change-of-control/cash-out arrangement — effectively a company buyout paying $3.65 per share for equity and certain equity awards. Derivative entries reflect RSUs and/or option settlements under the deal, not a voluntary market sale by the insider. Tax withholding may reduce net proceeds for RSUs/options.