4Filed Aug 3, 8:00 PM ET
Quantum Cyber (QUCY) Director Louis Buffalino Receives Award
$QUCY · Quantum Cyber N.V.Research Summary
AI-generated summary of this SEC filing
Quantum Cyber (QUCY) Director Louis Buffalino Receives Award
What Happened
- Louis R. Buffalino, a director of Quantum Cyber N.V. (QUCY), received a derivative award recorded as 425,000 shares on 2026-07-31 at an acquisition price of $0.00. This filing reports a grant/award of a derivative interest (stock options or similar) rather than an open-market purchase or sale, so no cash changed hands at grant.
Key Details
- Transaction date: 2026-07-31; Filing date (Form 4): 2026-08-04 (timely — within the 2 business-day reporting window).
- Reported amount: 425,000 underlying shares (derivative award) at $0.00 acquisition price.
- Shares owned after transaction: not specified in the information provided from the filing.
- Footnote: The stock options will vest in eighteen substantially equal monthly installments beginning on the grant date, provided the reporting person continues to provide services through each vesting date.
- Transaction type code: A (award/grant); derivative (not an immediate equity transfer).
Context
- This is a typical equity-compensation grant to a director. A derivative award means Buffalino has the right to acquire shares over time if vesting conditions are met; it does not reflect immediate sale or purchase activity. For retail investors, grants signal compensation alignment but are not the same as an insider buying stock on the open market.