Accepted (ET)
7:51 PM
Sep 23, 2026
Filed
Sep 23, 2026
Documents
1
Size
7.3 KB
Summary
Quantum-Si (QSI) CEO Jeffrey Hawkins Sells Shares
What Happened
- Jeffrey Alan Hawkins, President & CEO and a director of Quantum‑Si Inc. (QSI), sold a total of 29,852 shares across two transactions as part of mandatory sell-to-cover tax withholding tied to vesting restricted stock units (RSUs).
- Transactions: 20,143 shares sold (9/21/2026) at an average of $0.76 for $15,224, and 9,709 shares sold (9/22/2026) at an average of $0.76 for $7,387 — combined proceeds about $22,611. These were reported on a Form 4 filed 2026-09-23.
Key Details
- Transaction dates and reported prices: 2026-09-21 and 2026-09-22; reported weighted average ~ $0.76/share. Footnotes report sale price ranges of $0.75–$0.762 and $0.7511–$0.7779 per share.
- Shares sold pursuant to mandatory sell-to-cover for required federal, state and local tax withholding in connection with RSU vesting (footnote F1). The insider could not alter this provision.
- Sale type: reported as open market/private sale (code S) tied to tax withholding (routine corporate administrative action).
- Filing: Form 4 filed 2026-09-23 for activity with a report period of 2026-09-21 — appears to have been filed promptly.
- Shares owned after the transactions: not specified in the provided excerpt.
Context
- These sales are described as mandatory sell-to-cover to satisfy withholding obligations on vested RSUs, which is a common, administrative reason for insider sales and does not by itself indicate a change in insider outlook.
- For retail investors tracking insider activity, purchases are generally more informative about insider conviction; mandatory tax-withholding sales like this are routine.