Hawkins Jeffrey Alan 4
4 · Quantum-Si Inc · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Quantum-Si (QSI) CEO Jeffrey A. Hawkins Sells Shares
What Happened
Jeffrey Alan Hawkins, President & CEO and a director of Quantum-Si Inc. (QSI), reported two open-market sales that were sell-to-cover transactions tied to vested restricted stock units. On 2026-03-20 he sold 11,628 shares at a weighted average price of $0.85 for proceeds of $9,864; on 2026-03-23 he sold 12,149 shares at a weighted average price of $0.83 for proceeds of $10,042. Total shares sold were 23,777 for combined proceeds of approximately $19,906. These sales were reported on a Form 4 filed 2026-03-24.
Key Details
- Insider: Jeffrey Alan Hawkins — President & CEO; Director.
- Transactions: sales (code S) on 2026-03-20 and 2026-03-23.
- Share counts & reported values:
- 2026-03-20: 11,628 shares @ $0.85 (reported proceeds $9,864).
- 2026-03-23: 12,149 shares @ $0.83 (reported proceeds $10,042).
- Combined: 23,777 shares for ~ $19,906.
- Footnotes: F1 — these were mandatory sell-to-cover sales to satisfy federal, state and local tax withholding on RSU vesting (the insider cannot alter this provision). F2/F3 — the listed prices are weighted averages; the actual per-share sale prices ranged roughly $0.7973–$0.8718 across the transactions (full breakdown available from the SEC or issuer on request).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Filing: Form 4 filed 2026-03-24 (no late filing flag indicated in the information provided).
Context
Sell-to-cover transactions are a common, routine mechanism to satisfy tax withholding when restricted stock units vest and do not necessarily indicate a CEO selling for investment reasons. For retail investors, outright purchases by insiders often carry clearer informational weight than routine tax-withholding sales. This report documents a tax-driven disposition rather than a discretionary open-market sale intended to raise cash.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-20$0.85/sh−11,628$9,864→ 3,871,996 total - Sale
Class A Common Stock
[F1][F3]2026-03-23$0.83/sh−12,149$10,042→ 3,859,847 total
Footnotes (3)
- [F1]Represents shares sold pursuant to a mandatory Quantum-Si sell-to-cover provision for required federal, state and local withholding taxes in connection with the vesting of previously granted restricted stock units. Individual is not able to alter this mandatory sell-to-cover provision that is enacted at the grant date of the related restricted stock unit award.
- [F2]Represents the weighted average sales price per share. The shares sold at prices ranging from $0.8314 to $0.8718 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F3]Represents the weighted average sales price per share. The shares sold at prices ranging from $0.7973 to $0.8525 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.