Miller Michael Francis 4
4 · Quanterix Corp · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Quanterix (QTRX) COO Michael Miller Converts RSUs, Nets 1,009 Shares
What Happened
- Michael Francis Miller, Chief Operating Officer of Quanterix (QTRX), had restricted stock units (RSUs) vest/convert on March 15, 2026. A total of 1,558 RSUs converted into common shares.
- Of those, 549 shares were withheld to satisfy tax withholding at $4.72 per share (total tax withholding reported $2,592), leaving 1,009 net shares issued to Miller.
- This was a routine vesting/settlement event (conversion of RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (appears timely—filed two days after the transactions).
- Reported entries: several M-code conversions (derivative conversions of RSUs) totaling 1,558 shares acquired and matching derivative cancellations; F-code disposals (tax withholding) totaling 549 shares at $4.72/share, $2,592 total.
- Net new shares received by Miller: 1,009 shares (1,558 converted − 549 withheld).
- Shares owned after the transaction: not specified in the information provided on this filing.
- Relevant footnotes: the converted RSUs came from multiple grants (see grant dates and sizes in the filing): Feb 6, 2023 (3,929 RSUs), Mar 15, 2023 (6,566 RSUs), Feb 2, 2024 (6,494 RSUs), May 21, 2024 (17,878 RSUs), Feb 4, 2025 (40,036 RSUs). Each award vests 25% at the first anniversary, then monthly installments on the 15th thereafter.
Context
- These entries reflect routine RSU vesting and conversion into common stock. The F-code "disposals" are withholding of shares to cover tax obligations (a common practice), not open-market sales that would signal a cash exit.
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of exercise price or tax liability (share withholding).
- For retail investors: vesting conversions are standard compensation events and do not by themselves imply a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Quanterix CorpQTRX
Miller Michael Francis
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-15+81→ 30,343 total - Tax Payment
Common Stock
2026-03-15$4.72/sh−29$137→ 30,314 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+136→ 30,450 total - Tax Payment
Common Stock
2026-03-15$4.72/sh−48$227→ 30,402 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+135→ 30,537 total - Tax Payment
Common Stock
2026-03-15$4.72/sh−48$227→ 30,489 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+372→ 30,861 total - Tax Payment
Common Stock
2026-03-15$4.72/sh−131$618→ 30,730 total - Exercise/Conversion
Common Stock
[F1]2026-03-15+834→ 31,564 total - Tax Payment
Common Stock
2026-03-15$4.72/sh−293$1,383→ 31,271 total - Exercise/Conversion
Restricted Stock Unit
[F2]2026-03-15−81→ 922 totalExercise: $0.00→ Common Stock (81 underlying) - Exercise/Conversion
Restricted Stock Unit
[F3]2026-03-15−136→ 1,661 totalExercise: $0.00→ Common Stock (136 underlying) - Exercise/Conversion
Restricted Stock Unit
[F4]2026-03-15−135→ 3,116 totalExercise: $0.00→ Common Stock (135 underlying) - Exercise/Conversion
Restricted Stock Unit
[F5]2026-03-15−372→ 9,689 totalExercise: $0.00→ Common Stock (372 underlying) - Exercise/Conversion
Restricted Stock Unit
[F6]2026-03-15−834→ 8,855 totalExercise: $0.00→ Common Stock (834 underlying)
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]On February 6, 2023, the reporting person was granted 3,929 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the 15th day of each month thereafter.
- [F3]On March 15, 2023, the reporting person was granted 6,566 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the 15th day of each month thereafter.
- [F4]On February 2, 2024, the reporting person was granted 6,494 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the 15th day of each month thereafter.
- [F5]On May 21, 2024, the reporting person was granted 17,878 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the 15th day of each month thereafter.
- [F6]On February 4, 2025, the reporting person was granted 40,036 restricted stock units, vesting 25% on the first anniversary of the grant date, with the remaining 75% vesting in 36 equal monthly installments on the 15th day of each month thereafter.
Signature
/s/ Bonnie McManus, Attorney-in-Fact|2026-03-17