Q/C Technologies (QCLS) Director Bruce Bernstein Receives Award

What Happened

• Bruce Bernstein, a director of Q/C Technologies, received a grant of 50,000 derivative securities (reported as an award) on April 13, 2026. The filing reports an acquisition price of $0, indicating these are an equity award/option grant rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-04-13 (Filed 2026-04-15)
• Transaction type/code: Award/Grant (A); derivative securities (stock options per footnote)
• Amount: 50,000 shares (derivative)
• Reported acquisition price/value: $0 (as reported on Form 4)
• Shares owned after transaction: Not disclosed in the filing
• Footnote: The stock options are subject to expiration if the reporting person ceases to be employed by or provide services to the issuer.
• Timeliness: Filed two days after the transaction date (appears timely under Form 4 rules)

Context

• This was an equity award (likely stock options) granted to a director — not an open-market buy or sale. Derivative grants typically vest over time and may expire if service ends, so they don’t necessarily represent immediate ownership or a realized cash position.
• Awards are a common part of compensation for directors and executives; they are informative about compensation but don’t alone indicate the insider’s buying/selling sentiment.