QTREX CEO Ben-Noon Dagi Shahar Receives 550,000 RSUs

What Happened
Ben-Noon Dagi Shahar, CEO of Qtrex Quantum Ltd. (QTEX), received an award of 550,000 restricted share units (RSUs) on August 28, 2026. The grant is recorded at $0.00 per share (total reported value $0) and is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: August 28, 2026; Form 4 filed September 1, 2026 (no late-filing indication in the filing).
• Transaction type/code: A — Award/Grant of RSUs.
• Shares granted: 550,000 RSUs; acquisition price reported as $0.00 (total $0).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs granted under the company’s 2019 Plan; grant was approved by shareholders at an Extraordinary General Meeting on August 28, 2026.
• Vesting schedule (per footnote): 33.34% vests on the first anniversary date following July 1, 2026 (effectively July 1, 2027), then 8.33% vests quarterly over the next 8 quarters (two years).

Context
RSUs are a form of compensation that convert to stock only as they vest; this grant does not represent an immediate purchase or sale of shares and does not by itself signal insider buying or selling intent. The award increases potential future insider ownership if vesting conditions are met.