QumulusAI (QMLS) Chief Integration Officer Receives RSU Award

What Happened

• Ankur Chatterjee, Chief Integration Officer of QumulusAI, was granted three restricted stock unit (RSU) awards on September 1, 2026 totaling 238,444 shares: 85,179 RSUs, 83,659 RSUs, and 69,606 RSUs. Each grant shows an acquisition price of $0.00 (awards), so no cash was paid at grant; aggregate grant value is not reported in cash terms on the Form 4.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-02 (appears timely under Section 16 reporting rules).
• Grant specifics and vesting notes (from the filing):
  • 85,179 RSUs (F1): 21,295 shares vest on Sep 1, 2026; the remainder vests 6.25% quarterly over 12 quarters starting Dec 1, 2026, contingent on continued employment.
  • 83,659 RSUs (F2): vest on Sep 1, 2026.
  • 69,606 RSUs (F3): 17,402 shares vest on Sep 1, 2027; the remainder vests 6.25% quarterly over 12 quarters starting Dec 1, 2027, contingent on continued employment.
  • F4 notes that 133,490 shares are included to be issued upon vesting under the 2026 Equity Incentive Plan (aggregate vesting-related issuance described in the filing).
• Shares owned after the transaction: not specified in this Form 4 filing.
• Transaction code: A = Award/Grant (non-cash RSU grants).

Context

• These are restricted stock unit awards that vest over time and are conditioned on continued employment; they are not open-market purchases or sales and do not represent immediate cash investment or disposition.
• For retail investors, RSU grants indicate company compensation/retention actions by the company; they are routine for executives and do not by themselves reveal the insider’s short-term trading sentiment.