Weiner Zeev 4

4 · QT IMAGING HOLDINGS, INC. · Filed Mar 24, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

QT Imaging (QTI) Director Zeev Weiner Exercises Options, Receives RSUs

What Happened

Zeev Weiner, a Director of QT Imaging Holdings, exercised stock derivatives on March 17, 2026, acquiring 23,054 shares in two exercises: 8,888 shares at $2.25 (cost $19,955) and 14,166 shares at $2.00 (cost $28,261), totaling $48,216. The Form 4 also reports matching “disposed” derivative entries at $0 for the same share counts on March 17, which typically reflect shares surrendered as part of the option exercise/net settlement (not an open-market sale). On March 20, 2026, Weiner was granted 3,500 Restricted Stock Units (RSUs) (recorded at $0 on grant).

Key Details

Transaction dates and prices:
- 2026-03-17: Exercised/options converted (Code M) — 8,888 shares @ $2.25 = $19,955 (acquired)
- 2026-03-17: Exercised/options converted (Code M) — 14,166 shares @ $2.00 = $28,261 (acquired)
- 2026-03-17: Disposition (derivative) — 8,888 shares @ $0.00 (disposed; derivative)
- 2026-03-17: Disposition (derivative) — 14,166 shares @ $0.00 (disposed; derivative)
- 2026-03-20: RSU grant (Code A) — 3,500 RSUs @ $0.00
Total exercised: 23,054 shares for $48,216.
Shares owned after transaction: Not specified in the provided filing excerpts.
Footnotes of note:
- Beneficial ownership numbers reflect a 3-for-1 reverse stock split effected Oct 23, 2025.
- The 3,500 RSUs vest 25% on each of May 15, Aug 15, Nov 15, 2026 and Feb 15, 2027; they vest immediately on a Change of Control.
Filing timeliness: Transaction date 2026-03-17; Form 4 filed 2026-03-24 (7 days later). SEC rule generally requires filing within two business days, so this appears later than the standard reporting window.

Context

The M-code transactions indicate option exercises (derivative conversion). The concurrent “disposed” entries at $0 are commonly used when option shares are surrendered or netted to cover exercise costs/taxes (a cashless or net-settlement-like process), not an open-market sale of shares.
The RSU grant is a standard equity award subject to vesting and does not by itself signal an immediate sale; vesting schedule and acceleration on a Change of Control are disclosed in the footnote.
No sale to the open market was reported here; the main activity is the insider converting options into shares and receiving an RSU grant.

Form 4

Period: 2026-03-17

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-17$2.25/sh+8,888$19,955→ 37,427 total
Exercise/Conversion
Common Stock
[F1]
2026-03-17$2.00/sh+14,166$28,261→ 51,593 total
Award
Common Stock
[F2][F1]
2026-03-20+3,500→ 55,093 total
Exercise/Conversion
Stock Option (right to buy)
[F1]
2026-03-17−8,888→ 4,445 total
Exercise: $2.25From: 2027-02-15Exp: 2034-07-03→ Common Stock (8,888 underlying)
Exercise/Conversion
Stock Option (right to buy)
[F1]
2026-03-17−14,166→ 0 total
Exercise: $2.00From: 2026-02-15Exp: 2035-04-21→ Common Stock (14,166 underlying)

Holdings

Footnotes (2)

[F1]The number of shares beneficially owned reflects the 3-for-1 reverse stock split effected October 23, 2025.
[F2]Subject to the Reporting Person's continued service to QT Imaging Holdings, Inc. (the "Company"), twenty-five percent of the Restricted Stock Unit ("RSU") will vest on each of May 15, 2026, August 15, 2026, November 15, 2026, and February 15, 2027; all RSUs shall immediately vest in the event of a Change of Control (as defined in the QT Imaging Holdings, Inc. 2024 Equity Incentive Plan) of the Company.

Signature

/s/ Zeev Weiner|2026-03-24

1 file