Silverman Joshua 4
4 · Q/C TECHNOLOGIES, INC. · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Q/C Technologies (QCLS) Exec Chairman Joshua Silverman Receives Award
What Happened
Joshua Silverman, Executive Chairman and Director of Q/C Technologies, was granted two equity awards on April 13, 2026: 162,162 shares as Restricted Stock Units (RSUs) and 100,000 derivative securities (granted at $0.00). The RSUs vested immediately upon grant. Both grants show an acquisition price of $0.00 (total reported value $0).
Key Details
- Transaction dates and prices: April 13, 2026; both grants recorded at $0.00 per share.
- Share counts: 162,162 RSUs (vested immediately) and 100,000 derivative securities granted — total 262,162 shares/units.
- Total cash value reported in filing: $0 (these are equity awards, not open-market purchases).
- Post-transaction shares owned: not specified in the provided excerpt of the filing.
- Footnotes of the filing:
- F1: The 162,162 RSUs were issued under an executive compensation agreement dated April 13, 2026 and vested immediately.
- F2: The 100,000 derivative award is subject to expiration if the reporting person ceases to be employed by or provide services to the issuer (i.e., typical option-style termination provisions).
- Filing timeliness: Transaction reported on Form 4 filed April 15, 2026 for an April 13, 2026 grant — filed within the usual two-business-day window (timely).
Context
These entries are grants/awards (coded A) rather than purchases or sales. Immediate vesting of RSUs means the shares were effectively issued to Silverman on the grant date. The 100,000 derivative units appear to be option-like and carry standard expiration provisions if service terminates; the filing does not indicate a cashless sale or exercise. Awards and vested RSUs are compensatory and do not necessarily indicate a buy/sell signal; they increase insider ownership but should be considered alongside other company disclosures and SEC filings.
Insider Transaction Report
- Award
Common stock
[F1]2026-04-13+162,162→ 262,191 total - Award
Employee Stock Option (Right to Buy)
[F2]2026-04-13+100,000→ 50,000 totalExercise: $5.00From: 2026-04-13Exp: 2036-04-13→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Represents a grant of Restricted Stock Units ("RSUs") issued pursuant to an executive compensation agreement, dated April 13, 2026, by and between the Issuer and the Reporting Person. The RSUs vested immediately upon grant on April 13, 2026.
- [F2]The stock options are subject to expiration if the Reporting Person ceases to be employed by or provide services to the Issuer.