QTREX Quantum Ltd. chief executive Ben-Noon Dagi Shahar bought 168,894 shares of the company’s stock on September 28, 2026, according to transaction information reported to the SEC. The open-market purchase involved shares of the company trading under the ticker QTEX.

The supplied filing summary lists a price of $0.71 per share and a transaction value of $119,543. It also identifies the purchase as occurring without a Rule 10b5-1 trading plan. The SEC record was published on September 29.

There is a numerical distinction readers should keep in mind: multiplying 168,894 shares by the displayed $0.71 price produces $119,914.74, rather than the listed $119,543 total. The supplied information does not establish the reason for that difference. The displayed price may lack the precision needed to reconcile the figures, but that explanation cannot be confirmed from the summary alone.

The disclosure identifies the buyer, the buyer’s corporate role and the reported transaction. It does not provide a statement from Shahar explaining the decision, nor does the supplied material establish the executive’s total holdings after the purchase. No conclusion about the company’s operating performance follows directly from those transaction details.

How Form 4 disclosures work

Form 4 is a public ownership disclosure used by corporate insiders under Section 16 of the Securities Exchange Act of 1934. Directors, certain officers and beneficial owners of more than 10% of a covered class of equity securities generally must report changes in their ownership. Most reportable transactions must be disclosed within two business days.

The form distinguishes transactions such as purchases, sales, equity awards and option exercises. It normally includes the transaction date, the number of securities involved, a transaction code and ownership information. Footnotes can explain details that a short filing summary leaves out, including pricing information or the nature of an ownership interest.

An open-market purchase describes an acquisition through market trading. It is distinct from receiving shares as compensation or acquiring stock through an option exercise. Here, the supplied record identifies a purchase, but provides no information about how it was financed.

The SEC makes these disclosures publicly accessible through its EDGAR filing system. Publication is part of the disclosure process; it does not mean the agency endorses the investment, certifies a company’s prospects or recommends its shares.

What the trading-plan notation means

Rule 10b5-1 provides a framework under which a qualifying trading arrangement can offer an affirmative defense against insider-trading liability. Such arrangements must satisfy conditions, including requirements concerning when they are established and the insider’s awareness of material nonpublic information.

The supplied record says this purchase was not made under such a plan. That notation describes the transaction’s reported status. It does not establish when Shahar decided to buy, explain the rationale or demonstrate whether the executive possessed any particular information. Trading outside a Rule 10b5-1 plan is not, by itself, evidence of wrongdoing.

What to watch

The full Form 4, particularly its price entries and footnotes, is the next document to examine to reconcile the displayed price with the reported transaction value. Its ownership entries would also provide context for the size of this purchase relative to Shahar’s disclosed holdings.