Quantum Cyber (QUCY) CFO William J. Caragol Receives Award
$QUCY · Quantum Cyber N.V.Research Summary
AI-generated summary of this SEC filing
Quantum Cyber (QUCY) CFO William J. Caragol Receives Award
What Happened
William J. Caragol, Chief Financial Officer of Quantum Cyber N.V. (QUCY), received a grant of 212,500 derivative securities on July 31, 2026. The Form 4 reports the award as 212,500 shares (derivative) at an acquired price of $0.00 — the filing identifies these as stock options. This is a grant/award (not a purchase or sale), so it represents compensation rather than open‑market insider buying or selling.
Key Details
- Transaction date: 2026-07-31; Form 4 filed: 2026-08-04 (filed within the required two business days).
- Security: 212,500 derivative shares reported as a grant/award (stock options) at $0.00 acquisition price.
- Vesting: Options vest in eighteen substantially equal monthly installments, contingent on continued service. (Footnote: “The Stock Options will vest in eighteen substantially equal installments on each monthly anniversary of the date of grant, provided that the Reporting Person is providing services to the Issuer through the applicable vesting dates.”)
- Shares owned after transaction: not specified in the information provided on this filing.
- Filing timeliness: Timely (no late filing reported).
Context
This transaction is a standard compensation grant to an executive (CFO) and does not represent a market purchase or sale. As a derivative award, value realization depends on future vesting and any exercise terms; the grant itself does not indicate immediate liquidity or sale activity.