White Billy Joe 4
Research Summary
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QCLS Director Billy Joe White Receives 50,000-Share Award
What Happened Billy Joe White, a director of Q/C Technologies, Inc. (ticker: QCLS), was granted a derivative award of 50,000 shares on April 13, 2026. The award is reported at $0.00 per share (derivative security), so no cash changed hands in the filing. The filing classifies the award as a derivative (stock options per the footnote).
Key Details
- Transaction date and price: April 13, 2026 — 50,000 shares granted at $0.00 per share (reported as an Award/Grant, code A).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: The securities are stock options that expire if the reporting person ceases to be employed by or provide services to the issuer.
- Filing timeliness: Reported on April 15, 2026 — appears to be filed within the SEC’s 2-business-day window (timely).
Context This report documents a compensation grant of derivative securities (reported as an award). Awards at $0.00 typically reflect a grant of options or restricted units rather than an open-market purchase; value and investor impact depend on vesting, exercise price, and expiration terms (only the expiration-on-termination condition is disclosed here). Grants are common for directors and do not by themselves signal a buy or sell decision by the insider.