Katz Avi S 4

What Happened

• Avi S. Katz, Chairman and Director of QT Imaging Holdings, Inc. (QTI), was granted 3,500 restricted stock units (RSUs) on March 20, 2026. The grant price is reported as $0.00 (total value $0 at issuance). This was an equity award/compensation grant — not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-03-20; 3,500 RSUs @ $0.00.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Vesting/footnote: 25% of the RSUs vest on each of May 15, 2026; August 15, 2026; November 15, 2026; and February 15, 2027. All RSUs vest immediately upon a Change of Control (per the 2024 Equity Incentive Plan).
• Filing timeliness: Form 4 filed on 2026-03-24; this appears to be within the standard two business-day filing window following the 3/20 transaction.

Context

• RSUs are a common time‑based compensation award; a grant itself does not represent a market buy or sell and should not be read as a direct trading signal. These units typically convert to shares only as they vest, and may be subject to forfeiture if the reporting person leaves before vesting (subject to the stated schedule). The change‑of‑control acceleration means the award would fully vest if the company is acquired.