Quanterix Corp: Director Departure, New Election, Officer Compensation

TL;DR

Quanterix board shakeup: Epstein out, Herr in. Officer pay details also filed.

AI Summary

Quanterix Corporation announced on January 27, 2025, the departure of Director David E. Epstein and the election of new Director David L. Herr. The company also reported on compensatory arrangements for certain officers. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance matters such as director changes and compensation, with no immediate financial distress or significant operational shifts indicated.

Key Numbers

• 001-38319 — SEC File Number (Identifies the company's filing with the SEC.)
• 20-8957988 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Quanterix Corporation (company) — Registrant
• David E. Epstein (person) — Departing Director
• David L. Herr (person) — Newly Elected Director
• January 27, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Billerica, MA (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ange on which registered Common Stock, $0.001 par value per share QTRX The Nasdaq Glo
• $675,000 — na Sriram, have target award amounts of $675,000 and $325,500, respectively, under the 2
• $325,500 — ve target award amounts of $675,000 and $325,500, respectively, under the 2025 AIP. Amou

Filing Documents

• qtrx-20250127.htm (8-K) — 23KB
• 0001503274-25-000010.txt ( ) — 143KB
• qtrx-20250127.xsd (EX-101.SCH) — 2KB
• qtrx-20250127_lab.xml (EX-101.LAB) — 21KB
• qtrx-20250127_pre.xml (EX-101.PRE) — 12KB
• qtrx-20250127_htm.xml (XML) — 3KB

02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e)On January 27, 2025, the Compensation Committee of the Board of Directors of Quanterix Corporation (the "Company") approved the 2025 annual cash incentive plan (the "2025 AIP"). Amounts earned under the 2025 AIP will be based on the achievement of defined corporate and personal performance objectives relating to financial, operational, and functional matters. Each of the Company's executive officers has been assigned a target award amount established as a percentage of the executive's base salary earned in 2025. The Company's President and Chief Executive Officer, Masoud Toloue, and the Company's Chief Financial Officer, Vandana Sriram, have target award amounts of $675,000 and $325,500, respectively, under the 2025 AIP. Amounts payable could be higher or lower based on the Compensation Committee's determination of achievement levels of defined objectives.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. QUANTERIX CORPORATION By: /s/ Vandana Sriram Vandana Sriram Chief Financial Officer Date: January 31, 2025

View Full Filing

View this 8-K filing on SEC EDGAR