QMLS · QumulusAI, Inc.
The latest filing states the doubt was alleviated.
“The Company’s plans to alleviate the substantial doubt include receiving access to $19,925,104 in previously restricted cash as a result of the Company’s public listing and completing an additional $15,300,000 draw under the USD.AI protocol. The Company also entered into multiple significant revenue contracts in July 2026 for approximately $103,900,000 in future revenue in which the Company received approximately $20,900,000 in cash deposits. Accordingly, management concluded these plans will alleviate the substantial doubt about the Company’s ability to continue as a going concern for the one-year period extending from the date of issuance of these financial statements.”View the 10-Q filed Aug 25, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-09-01 | Chatterjee Ankur |
Chief Integration Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 17,402 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. Includes 133,490 shares to be issued upon vesting pursuant to a 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. |
Common Stock
|
69,606 |
| 2026-09-01 | Gertz Stephen Ralph |
Chief Growth Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on March 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. |
Common Stock
|
58,329 |
| 2026-09-01 | Glickler Andrew Mark |
SVP, Finance |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 14,374 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. Includes 70,273 shares to be issued upon vesting of 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. |
Common Stock
|
57,496 |
| 2026-09-01 | Maniscalco Michael |
Insider |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 75,852 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. Includes 399,232 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. |
Common Stock
|
303,406 |
| 2026-09-01 | Krosnowski Scott Carroll |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 4,817 shares on February 24, 2027, with respect to 2,408 shares on May 24, 2027, and with respect to 2,408 shares on August 24, 2027. Includes 195,917 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. |
Common Stock
|
9,633 |
| 2026-09-01 | Gertz Stephen Ralph |
Chief Growth Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 214,454 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. |
Common Stock
|
19,165 |
| 2026-09-01 | MULICA MICHAEL C |
Director, Acting CEO |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 19,166 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 a director of QumulusAI through the applicable vesting dates. |
Common Stock
|
9,583 |
| 2026-09-01 | Hunton Stephen Eric |
Chief Marketing Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 15,971 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
63,884 |
| 2026-09-01 | DiRocco Ryan Anthony |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 4,869 shares on February 24, 2027, with respect to 2,434 shares on May 24, 2027, and with respect to 2,434 shares on August 24, 2027. Includes 167,934 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. |
Common Stock
|
9,737 |
| 2026-09-01 | MULICA MICHAEL C |
Director, Acting CEO |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 3,162 shares on October 1, 2026 and with respect to 8.375% of the remaining shares quarterly over 8 quarters commencing January 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
9,583 |
| 2026-09-01 | Schwartz Barry Paul |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 3,162 shares on October 1, 2026 and with respect to 8.375% of the remaining shares quarterly over 8 quarters commencing January 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
9,583 |
| 2026-09-01 | Aderhold Michael Houston |
10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 12,138 shares on March 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing June 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
48,552 |
| 2026-09-01 | Maniscalco Michael |
Insider |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 31,942 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
127,768 |
| 2026-09-01 | Glickler Andrew Mark |
SVP, Finance |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 3,194 shares on March 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing June 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
12,777 |
| 2026-09-01 | Chatterjee Ankur |
Chief Integration Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on September 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. |
Common Stock
|
83,659 |
| 2026-09-01 | Aderhold Michael Houston |
10% Owner |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 9,285 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. Includes 85,690 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. |
Common Stock
|
37,138 |
| 2026-09-01 | Gahan Patrick Joseph |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 12,138 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
48,552 |
| 2026-09-01 | Gahan Patrick Joseph |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 9,711 shares on February 24, 2027, with respect to 4,855 shares on May 24, 2027, and with respect to 4,855 shares on August 24, 2027. Includes 116,525 shares to be issued upon vesting pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI through the applicable vesting date. |
Common Stock
|
19,421 |
| 2026-09-01 | RENCH DAVID |
Chief Administrative Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 19,166 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 a director of QumulusAI through the applicable vesting dates. |
Common Stock
|
9,583 |
| 2026-09-01 | Hunton Stephen Eric |
Chief Marketing Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 2,931 shares on February 24, 2027, with respect to 1,465 shares on May 24, 2027, and with respect to 1,465 shares on August 24, 2027. 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. |
Common Stock
|
5,861 |
| 2026-09-01 | Kenworthy Stacy James |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 15,572 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 a director of QumulusAI through the applicable vesting dates. |
Common Stock
|
9,583 |
| 2026-09-01 | Krosnowski Scott Carroll |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on September 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. |
Common Stock
|
103,934 |
| 2026-09-01 | Gahan Patrick Joseph |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on September 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. |
Common Stock
|
166,237 |
| 2026-09-01 | RENCH DAVID |
Chief Administrative Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 3,162 shares on October 1, 2026 and with respect to 8.375% of the remaining shares quarterly over 8 quarters commencing January 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
9,583 |
| 2026-09-01 | Kenworthy Stacy James |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 1,976 shares on October 1, 2026 and with respect to 8.375% of the remaining shares quarterly over 8 quarters commencing January 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
5,989 |
| 2026-09-01 | Gertz Stephen Ralph |
Chief Growth Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 11,712 shares on March 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing June 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
46,848 |
| 2026-09-01 | Chatterjee Ankur |
Chief Integration Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
85,179 |
| 2026-09-01 | Schwartz Barry Paul |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 19,166 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 a director of QumulusAI through the applicable vesting dates. |
Common Stock
|
9,583 |
| 2026-09-01 | DiRocco Ryan Anthony |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 23,578 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
94,313 |
| 2026-09-01 | Akbari Dr. Homaira |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest on October 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan. Includes 15,621 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 a director of QumulusAI through the applicable vesting dates. |
Common Stock
|
6,038 |
| 2026-09-01 | Gertz Stephen Ralph |
Chief Growth Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 22,528 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
90,112 |
| 2026-09-01 | Krosnowski Scott Carroll |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 30,600 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
122,400 |
| 2026-09-01 | Akbari Dr. Homaira |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 3,162 shares on October 1, 2026 and with respect to 8.375% of the remaining shares quarterly over 8 quarters commencing January 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining a director of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
9,583 |
| 2026-09-01 | Gahan Patrick Joseph |
Director |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 15,173 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
60,690 |
| 2026-09-01 | Hunton Stephen Eric |
Chief Marketing Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 23,531 shares on September 1, 2027 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2027 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
94,125 |
| 2026-09-01 | Krosnowski Scott Carroll |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
85,179 |
| 2026-09-01 | DiRocco Ryan Anthony |
Chief Technology Officer |
Award↑
Filing footnotes — Common Stock (Direct)
These shares vest with respect to 21,295 shares on September 1, 2026 and with respect to 6.25% of the remaining shares quarterly over 12 quarters commencing December 1, 2026 pursuant to a restricted stock unit award granted under the QumulusAI, Inc. 2026 Equity Incentive Plan, conditioned upon the Reporting Person remaining an employee of QumulusAI, Inc. through the applicable vesting date. |
Common Stock
|
85,179 |