Q/C Technologies names Yossef Ehrlichman CTO
Q/C Technologies names a new Chief Technology Officer and updates his compensation package, including salary and equity terms tied to shareholder-approved plan capacity.
Rhea-AI Filing Summary
Q/C Technologies, Inc. (QCLS) appointed Yossef Ehrlichman as Chief Technology Officer on September 14, 2026, formalizing his move from founding manager of photonic integrated circuit development to a C‑suite role. The related First Amendment to his August 1, 2026 employment agreement changes his title and increases his annual base salary from $260,000 to $275,000.
The Employment Agreement includes a restricted stock award with a grant date fair market value of $250,000, subject to stockholder approval of an increase in shares reserved under the company’s long‑term incentive plan, vesting in three equal annual installments while he remains employed. It also provides at‑will employment with 30 days’ notice, six‑month post‑termination non‑solicitation and non‑recruitment covenants, mutual non‑disparagement, and New York law governance. The company reports no related‑party transactions or family relationships involving Dr. Ehrlichman and furnished a press release on September 15, 2026 announcing his appointment.
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8-K Event Classification
4 items: 1.01, 5.02, 7.01, 9.01
4 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
New annual base salary: $275,000
Prior annual base salary: $260,000
Restricted stock award grant date fair market value: $250,000
+5 more
8 metrics
New annual base salary
$275,000
Annual base salary for CTO Yossef Ehrlichman after First Amendment on September 14, 2026
Prior annual base salary
$260,000
Annual base salary for Dr. Ehrlichman before CTO appointment
Restricted stock award grant date fair market value
$250,000
Equity award under Employment Agreement, subject to stockholder approval of increased plan reserve
Vesting schedule
3 equal annual installments
Restricted stock award vests on each annual anniversary of grant date while employed
Notice period
30 days
Advance written notice required for termination by either party under at-will Employment Agreement
Non-solicitation and non-recruitment duration
6 months
Post-termination non-solicitation and non-recruitment covenants in Employment Agreement
CTO age
49 years
Age of Chief Technology Officer Yossef Ehrlichman at appointment
Employment Agreement original date
August 1, 2026
Date of Original Agreement between Q/C Technologies and Dr. Ehrlichman
Key Terms
restricted stock award, long-term incentive plan, at-will employment, non-solicitation, +1 more
5 terms
restricted stock award financial
"The Employment Agreement provides for (x) a restricted stock award grant, subject"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
long-term incentive plan financial
"subject to stockholder approval of an increase in shares reserved under the Company’s long-term incentive plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
at-will employment regulatory
"at-will employment with 30 days’ advance written notice (the “Notice Period”)"
non-solicitation regulatory
"customary confidentiality, non-solicitation and non-recruitment (six months post-termination)"
A non-solicitation clause is a contractual promise that one party will not actively try to lure away another party’s employees, customers, or suppliers. For investors, it signals protection of a company’s workforce and client base after a deal or partnership—reducing the risk that key staff or revenue sources will be poached and therefore helping preserve the business’s value, predictability, and post-transaction earnings. Think of it as an agreement not to knock on a neighbor’s door to take their business or team.
forward-looking statements regulatory
"Cautionary Statement Regarding Forward-Looking Statements This press release may contain forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did QCLS disclose in this Form 8-K?
Q/C Technologies, Inc. appointed Yossef Ehrlichman as Chief Technology Officer on September 14, 2026, elevating him from founding manager of photonic integrated circuit development to lead the company’s optical processor development and overall technology strategy.
How did the CTO appointment affect Yossef Ehrlichman’s compensation at QCLS?
In connection with his appointment as CTO, Dr. Ehrlichman’s annual base salary increased from $260,000 to $275,000. His Employment Agreement also provides for a $250,000 grant date fair market value restricted stock award, subject to stockholder approval of additional plan shares.
What are the key terms of Yossef Ehrlichman’s equity award at QCLS?
The Employment Agreement provides for a restricted stock award valued at $250,000, subject to stockholder approval of added plan capacity. The award vests in three equal annual installments on each anniversary of the grant date, contingent on his continued employment.
What employment protections and covenants apply to the new QCLS CTO?
Dr. Ehrlichman’s Employment Agreement provides at-will employment with 30 days’ advance written notice for termination by either party, six‑month post‑termination non‑solicitation and non‑recruitment covenants, confidentiality and invention assignment obligations, and mutual non‑disparagement provisions.
Did QCLS issue a press release about the CTO appointment?
Yes. Q/C Technologies issued a press release on September 15, 2026 announcing Dr. Ehrlichman’s appointment as CTO. The press release is furnished as Exhibit 99.1 and is treated as furnished, not filed, for Exchange Act purposes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
