Stephen Eric Hunton reports an option exercise at QumulusAI
By AlphaYouPublished Form 4
Hunton Stephen Eric
Reporting filer
Stephen Eric Hunton reports an option exercise, not an open-market purchase or sale, in QumulusAI, Inc.. Form 4 filed Nov 2, 2026 lists 2 entries.
- Disclosed
- Nov 2, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Hunton Stephen Eric | 2026-10-29 | M | Exercise or conversion | 2998 | 0.69 | 210,294 | 4 days | Filed terms
|
| Stock Option (right to buy) (derivative) | Hunton Stephen Eric | 2026-10-29 | M | Exercise or conversion | 2998 | 0 | 4,570 | 4 days | Filed terms
|
Common Stock
- Owner
- Hunton Stephen Eric
- Date
- 2026-10-29
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2998
- Price
- 0.69
- Following holdings
- 210,294
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-29
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 2998
- transaction Price Per Share: 0.69
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 210294
- id: F1
- direct Or Indirect Ownership: D
Stock Option (right to buy) (derivative)
- Owner
- Hunton Stephen Eric
- Date
- 2026-10-29
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2998
- Price
- 0
- Following holdings
- 4,570
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Stock Option (right to buy)
- conversion Or Exercise Price: 0.69
- transaction Date: 2026-10-29
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 2998
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F2
- expiration Date: 2034-09-30
- underlying Security Title: Common Stock
- underlying Security Shares: 2998
- shares Owned Following Transaction: 4570
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Hunton Stephen Eric: Chief Marketing Officer.
- F1: Includes 147,899 shares to be issued upon vesting pursuant to restricted stock unit awards granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI through the applicable vesting dates.
- F2: This option vested with respect to: (i) 25% of the shares on March 14, 2026; (ii) 1/36th of the remaining unvested shares monthly thereafter (prior to 4/1/2025 Contribution and Exchange Agreements, as amended, between QumulusAI, Inc. and shareholders of The Cloud Minders, Inc., pursuant to which The Cloud Minders, Inc. became a wholly owned subsidiary of QumulusAI, Inc., which is referred to herein as the Acquisition); (iii) 50% of the remaining unvested shares (upon Acquisition); and (iv) 1/18th of the remaining unvested shares monthly (after Acquisition).
Original sources
Prepared automatically from public filing data. Report a correction.