Narang Prineha 4

What Happened

Quantinuum director Prineha received a grant of 5,833 restricted stock units (RSUs) on June 4, 2026 (recorded at $0.00) and on June 5, 2026 made an open-market purchase of 200 shares at $60.00 each, totaling $12,000. The RSUs are a contingent right to receive shares and will vest over time (see footnote).

Key Details

• Transactions and prices:
  • 2026-06-04 — Award/Grant (A): 5,833 RSUs @ $0.00 (no cash paid)
  • 2026-06-05 — Open-market purchase (P): 200 shares @ $60.00 = $12,000
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs represent contingent rights to one share each and will vest in three equal annual installments beginning on June 5, 2027.
• Filing timeliness: Report filed June 8, 2026; the filing does not indicate a late-filing flag.

Context

RSUs are equity awards that convert to actual shares only as they vest, so the 5,833-unit award does not immediately increase voting power or liquid holdings. The 200-share open-market purchase is a straightforward buy by the director and is typically viewed by investors as a direct insider purchase rather than a sale. No other derivative exercises, gifts, or tax-withholding transactions were reported in this Form 4.