Quanterix Corp·4

Mar 17, 6:57 PM ET

Miller Michael Francis 4

4 · Quanterix Corp · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-03-15
Miller Michael Francis
Chief Operating Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-15+8130,343 total
  • Tax Payment

    Common Stock

    2026-03-15$4.72/sh29$13730,314 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-15+13630,450 total
  • Tax Payment

    Common Stock

    2026-03-15$4.72/sh48$22730,402 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-15+13530,537 total
  • Tax Payment

    Common Stock

    2026-03-15$4.72/sh48$22730,489 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-15+37230,861 total
  • Tax Payment

    Common Stock

    2026-03-15$4.72/sh131$61830,730 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-15+83431,564 total
  • Tax Payment

    Common Stock

    2026-03-15$4.72/sh293$1,38331,271 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F2]
    2026-03-1581922 total
    Exercise: $0.00Common Stock (81 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F3]
    2026-03-151361,661 total
    Exercise: $0.00Common Stock (136 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F4]
    2026-03-151353,116 total
    Exercise: $0.00Common Stock (135 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F5]
    2026-03-153729,689 total
    Exercise: $0.00Common Stock (372 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    [F6]
    2026-03-158348,855 total
    Exercise: $0.00Common 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

Documents

2 files