QTREX (QTEX) CTO Yechezkely Hayon Receives 550,000 RSU Award

What Happened

• Yechezkely Hayon Daniella, Chief Technology Officer of Qtrex Quantum Ltd. (QTEX), received an award of 550,000 restricted share units (RSUs) on July 6, 2026. The Form 4 lists the acquisition code as "A" and reports $0 cash paid for the award (grant recorded at $0 per share).

Key Details

• Transaction date: 2026-07-06; Form filed: 2026-07-14 (filed after the transaction date).
• Price: $0.00 per RSU (award/grant — no cash paid).
• Shares acquired: 550,000 RSUs.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs granted under Qtrex Quantum Ltd.’s 2019 Plan. Vesting: 183,334 RSUs vest on July 1, 2027; remaining RSUs vest quarterly over the following two years (per footnote F1).
• Filing timeliness: The report was filed 8 days after the transaction date; Form 4s are generally due within two business days, so this appears to be a late filing.

Context

• RSUs are a compensation award that convert to shares only as they vest; this grant does not represent an open-market purchase or sale and does not mean shares were immediately sold. Such awards are common executive compensation and should be viewed as part of pay/retention rather than a direct market sentiment signal.