Quanterix Corp·4

Jan 21, 4:15 PM ET

Cunningham Everett 4

Research Summary

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Quanterix CEO Everett Cunningham Receives RSU Awards

What Happened

  • Everett Cunningham, President, CEO and a director of Quanterix Corp (QTRX), was granted a total of 1,883,750 restricted stock units (RSUs) on January 19, 2026. The grants consist of 1,070,000 time-based RSUs and 813,750 performance-based RSUs. Each RSU is a contingent right to one share; the awards are recorded as derivative acquisitions with a $0 cash price on the Form 4.

Key Details

  • Transaction date: January 19, 2026; Form 4 filed January 21, 2026 (filed within the normal two-business-day window).
  • Grant amounts and price: 1,070,000 time-based RSUs @ $0.00 and 813,750 performance-based RSUs @ $0.00 (total 1,883,750 RSUs).
  • Shares owned after transaction: Not specified in the provided filing.
  • Notable footnotes: Time-based RSUs vest in four equal installments (Jan 19 of 2027, 2028, 2029, 2030) per the employment agreement. Performance-based RSUs vest only if specified VWAP thresholds are met within a four-year period; both award types are subject to certain provisions (Sections 8(d) and 8(y)) of the employment agreement dated Jan 8, 2026.
  • Transaction type code: A (award/grant); this is compensation, not an open-market purchase or sale.

Context

  • RSUs are contingent awards that convert to actual shares only upon vesting; they do not represent immediate transferable ownership. Performance-based RSUs depend on future stock-price performance metrics, while time-based RSUs vest over four years. These grants are typical executive compensation and should be viewed as incentive alignment rather than an immediate market buy or sell.