Brian Joseph Wessel - 22 Mar 2025 Form 4 Insider Report for Quipt Home Medical Corp. (QIPT)

Role: Director
Signature: /s/ Brian Joseph Wessel
Issuer symbol: QIPT
Transactions as of: 22 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 25 Mar 2025, 07:37:03 UTC
Previous filing: 18 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QIPT	Common Shares	Award	$0	+183,135	+1297%	$0.000000	197,260	22 Mar 2025	Direct	F1
holding	QIPT	Common Shares						98,975	22 Mar 2025	By Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted share unit ("RSU") is the economic equivalent of one Common Share. The RSUs shall as follows: 1/8 every three (3) months commencing three (3) months from the date of grant. The RSUs shall be settled on the first business day of each calendar year in an amount equal to the RSUs that vested in the previous calendar year or earlier upon a Change in Control (as such term is defined in the Plan, subject to the requirements of Section 409A of the United States Internal Revenue Code).
F2	Shares are held by the B & E Wessel Family Trust for the benefit of Brian Wessel, Eliana Wessel, and their children. Mr. Wessel disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Wessel is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Content

Each restricted share unit ("RSU") is the economic equivalent of one Common Share. The RSUs shall as follows: 1/8 every three (3) months commencing three (3) months from the date of grant. The RSUs shall be settled on the first business day of each calendar year in an amount equal to the RSUs that vested in the previous calendar year or earlier upon a Change in Control (as such term is defined in the Plan, subject to the requirements of Section 409A of the United States Internal Revenue Code).

Shares are held by the B & E Wessel Family Trust for the benefit of Brian Wessel, Eliana Wessel, and their children. Mr. Wessel disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Wessel is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.