Quanterix Corp. (NASDAQ:QTRX) shares surged 5.28% to $3.39 in pre-market trading on Wednesday, after the prior day’s 7.74% decline.
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The after-hours rally follows Securities and Exchange Commission Tuesday filings disclosing outgoing Chief Financial Officer Vandana Sriram vested a combined 1,833 restricted stock units on Jun. 15 across three separate grant schedules.
Each grant follows a standard vesting schedule, with 25% vesting on the first anniversary and the remaining 75% vesting in equal monthly installments over 36 months.
Jason Faessler officially assumed the CFO role on Monday, succeeding Sriram. Faessler, in a filing on Monday, reported no beneficial ownership at the time of appointment, which is standard for newly appointed executives.
