Brian Joseph Wessel - 16 Mar 2026 Form 4 Insider Report for Quipt Home Medical Corp. (QIPT)

Role
Director
Signature
/s/ Brian Joseph Wessel
Issuer symbol
QIPT
Transactions as of
16 Mar 2026
Net transactions value
$0
Form type
4
Filing time
16 Mar 2026, 09:46:40 UTC
Previous filing
25 Mar 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wessel Brian Joseph Director C/O QUIPT HOME MEDICAL CORP., 1019 TOWN DRIVE, WILDER /s/ Brian Joseph Wessel 16 Mar 2026 0002039409

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QIPT Common Shares Disposed to Issuer -116,854 -100% $3.65* 0 16 Mar 2026 Direct F1, F2
transaction QIPT Common Shares Disposed to Issuer -98,875 -100% $3.65* 0 16 Mar 2026 By Trust F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QIPT Stock Option (Right to Buy) Disposed to Issuer -75,000 -100% 0 16 Mar 2026 Common Shares 75,000 $4.99 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brian Joseph Wessel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On March 16, 2026, 1567208 B.C. LTD, a company existing under the laws of British Columbia ("B.C. Purchaser"), and REM Aggregator, LLC, a Delaware limited liability company (individually, "REM Aggregator", and collectively with B.C. Purchaser ("Purchaser" or "Purchasers") acquired all of the issued and outstanding common shares (the "Shares") of Issuer under a plan of arrangement (the "Arrangement Agreement") pursuant to the Business Corporations Act (British Columbia) (the "BCBCA"). At the Effective Time (the "Effective Time") of the Arrangement Agreement each Share, other than any Shares held by shareholders who properly exercised dissent rights under the BCBCA ("Dissenting Shareholders"), were deemed to be transferred to Purchaser in consideration for the right to receive a cash payment from the Purchaser in the amount equal to US$3.65, without interest.
F2 Pursuant to a forfeiture agreement entered into by Issuer and Mr. Wessel, 80,406 restricted share unit ("RSU") were forfeited immediately prior to the Effective Time and terminated in connection with the Arrangement Agreement. Each RSU is the economic equivalent of one Share.
F3 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.
F4 Pursuant to the terms of the Arrangement Agreement, immediately following the Effective Time, each option exercisable to acquire one or more Shares from the Issuer (an "Option"), outstanding immediately prior to the Effective Time (whether vested or unvested) were deemed to be unconditionally vested and exercisable and will, without any further action by or on behalf of a holder of the Option, deemed to be surrendered and transferred by such holder to the Issuer in consideration for the right to receive a cash payment from the Issuer in an amount equal to the excess, if any, of US$3.65 over the exercise price of such option, less any amounts the Issuer is required to withhold for taxes, without interest. Any option for which the exercise price is equal to or greater than US$3.65 will be cancelled for no consideration.