QTREX (QTEX) Director Matza Sivan Receives 100,000 RSUs

What Happened
Matza Sivan, a director of Qtrex Quantum Ltd. (QTEX), was granted 100,000 restricted share units (RSUs) on August 28, 2026. The Form 4 reports the award as an acquisition at $0.00 (no cash paid). RSUs convert into common shares only as they vest per the plan schedule.

Key Details

• Transaction date: August 28, 2026; Form 4 filed September 1, 2026 (filing appears timely within the 2-business-day window).
• Grant: 100,000 RSUs, acquisition price reported $0.00 (award/grant code A).
• Shares owned after transaction: not specified in the information provided on this filing.
• Footnote: RSUs were granted under the company’s 2019 Plan and approved by shareholders at an Extraordinary General Meeting on August 28, 2026. Vesting: 33.34% vests on the first anniversary date following July 1, 2026 (the “First Instalment”), then 8.33% vests quarterly over the next eight quarters (two years).
• No 10b5-1 plan, tax-withholding sale, or cashless exercise was reported in this filing.

Context
RSUs are a form of equity compensation that convert to actual shares only as they vest; they are not an immediate open-market purchase or sale and therefore do not directly indicate near-term buying/selling activity. This filing documents the grant of long-term incentive awards to a director rather than an outright market transaction.