shabtay abraham 4

What Happened

• Shabtay Abraham, QTREX Quantum Ltd.'s Chief Operating Officer and Vice President of R&D, exercised stock options on May 29, 2026 (transaction code M) to acquire 95,239 shares at $3.37 per share for a reported total of $320,955. The same filing also reports two derivative dispositions on the same date: 57,144 shares and 38,095 shares reported as disposed for $0.00 each (also coded as M in the filing).

Key Details

• Transaction date: 2026-05-29.
• Acquired: 95,239 shares at $3.37 per share — total reported cash paid $320,955.
• Disposed: 57,144 shares @ $0.00 and 38,095 shares @ $0.00 (both reported as derivative dispositions in the same filing).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes from the filing:
  • F1: Options granted Feb 15, 2020; fully vested as of June 2, 2019.
  • F2: Some options granted with an exercise price of AUD 0.37.
  • F3: Other options granted Nov 1, 2020; fully vested as of June 1, 2022.
  • F4: Some options granted with an exercise price of NIS 0.37.
• Timeliness: the filing date is 2026-06-02 for a 2026-05-29 transaction; the filing itself does not state any late-filing designation.

Context

• This was an options exercise (derivative transaction). The filing shows both an acquisition of shares via exercise and derivative dispositions reported at $0.00; the document does not specify the reason for the $0.00 dispositions (e.g., tax withholding, net settlement, or transfer). Exercises are purchases of company stock by insiders and are typically routine; they do not by themselves indicate management sentiment beyond the cash the insider chose to invest.