QumulusAI (QMLS) CMO Stephen Hunton Receives RSU Awards

What Happened

• Stephen Hunton, Chief Marketing Officer of QumulusAI (QMLS), was granted three restricted stock unit awards on September 1, 2026 (transaction code A — award/grant). The grants total 163,870 RSUs (63,884; 94,125; and 5,861 shares) with a reported acquisition price of $0.00 (no cash paid). The filing reports these awards are conditioned on continued employment and vest according to schedules described in the footnotes.

Key Details

• Transaction date: 2026-09-01; filing date/accession: 2026-09-02 (timely filing).
• Price: $0.00 per share (award/grant).
• Shares granted: 63,884 RSUs; 94,125 RSUs; 5,861 RSUs — total 163,870 RSUs.
• Vesting (per footnotes):
  • 63,884 RSUs (F1): 15,971 vest on Sep 1, 2026; remaining vest at 6.25% quarterly over 12 quarters starting Dec 1, 2026, subject to continued employment.
  • 94,125 RSUs (F2): 23,531 vest on Sep 1, 2027; remaining vest at 6.25% quarterly over 12 quarters starting Dec 1, 2027, subject to continued employment.
  • 5,861 RSUs (F3): 2,931 vest on Feb 24, 2027; 1,465 on May 24, 2027; 1,465 on Aug 24, 2027.
  • F4 notes 147,899 shares are included to be issued upon vesting under the QumulusAI, Inc. 2026 Equity Incentive Plan.
• Shares owned after the transaction: not specified in the provided filing details.
• Transaction code: A (award/grant). No sale or purchase reported in this filing.

Context

• These are RSU awards, not open-market purchases or sales — they represent future equity compensation that vests over time if Hunton remains employed. Such grants are common as retention/incentive compensation and do not by themselves indicate an immediate market view (no cash paid and no immediate sale).