QTREX (QTEX) Director Parnes Tal Receives RSU Award

What Happened
Parnes Tal, a director of Qtrex Quantum Ltd. (QTEX), was granted 550,000 Restricted Share Units (RSUs) on August 28, 2026. The Form 4 reports the award as an "A" (grant/acquisition) at $0.00 per share (total $0 reported). This is a grant of equity compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-08-28; Form 4 filed 2026-09-01. The filing does not indicate a late‑filing flag.
• Award: 550,000 RSUs @ $0.00 (code A).
• Shares owned after transaction: Not specified on this Form 4.
• Footnote: RSUs granted under the company's 2019 Plan; vesting schedule—33.34% vests on the first anniversary following July 1, 2026 (effectively July 1, 2027), then 8.33% vests quarterly over the next 8 quarters (about two years). The grant was approved by shareholders at an Extraordinary General Meeting on August 28, 2026.

Context
RSUs are a form of deferred equity: they represent the right to receive shares if/when they vest and typically require no cash outlay at grant. Because this is a grant (not a purchase or sale), it doesn't signal an immediate cash investment or divestment by the director. Vesting occurs over roughly three years, so any eventual share delivery—and potential market impact—will be staggered.