Quantum Computing Inc. (QUBT) COO reports share and option stakes holdings

Rhea-AI Filing Summary

Quantum Computing Inc. Chief Operating Officer Milan Begliarbekov reports beneficial ownership of 28,400 shares of common stock held directly. He also holds stock options covering 55,000 shares at an exercise price of $2.37 per share that are fully vested, and options on 200,000 shares at $1.35 per share that vest annually over five years. In addition, he holds fully vested options on 5,600 shares at $7.96 per share. These option grants have expiration dates in 2027, 2028, and 2030, respectively.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Begliarbekov Milan

(Last) (First) (Middle)

5 MARINE VIEW PLZ

SUITE 214

(Street)

HOBOKEN NJ 07030

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/02/2025

3. Issuer Name and Ticker or Trading Symbol
Quantum Computing Inc. [ QUBT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	28,400	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options	(1)	10/12/2027	Common Stock	55,000	$2.37	D
Stock Options	(2)	05/12/2028	Common Stock	200,000	$1.35	D
Stock Options	(3)	02/19/2030	Common Stock	5,600	$7.96	D

Explanation of Responses:

1. On 10/12/2022, Mr. Begliarbekov was granted non-qualified stock options (the "Stock Options") to purchase up to an aggregate of 55,000 shares of the Company's common stock, at an exercise price of $2.37 per share. The Stock Options are fully vested.

2. On 5/12/2023, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 200,000 shares of the Company's common stock, at an exercise price of $1.35 per share. The Stock Options shall vest annually over five years.

3. On 2/19/2025, Mr. Begliarbekov was granted Stock Options to purchase up to an aggregate of 5,600 shares of the Company's common stock, at an exercise price of $7.96 per share. The Stock Options are fully vested.

	/s/ Milan Begliarbekov	01/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider position is reported for QUBT in this Form 3?

The filing shows that Milan Begliarbekov is an officer of Quantum Computing Inc. (QUBT), serving as Chief Operating Officer, and is reporting his beneficial holdings in the company.

How many Quantum Computing Inc. (QUBT) common shares does the COO hold?

The report states that 28,400 shares of Quantum Computing Inc. common stock are beneficially owned by the Chief Operating Officer in direct form.

What stock options on QUBT shares were granted on 10/12/2022?

On 10/12/2022, Mr. Begliarbekov was granted non-qualified stock options on 55,000 shares of common stock with an exercise price of $2.37 per share, and these options are described as fully vested.

What are the terms of the 5/12/2023 stock option grant for QUBT?

On 5/12/2023, he was granted stock options on 200,000 shares of Quantum Computing Inc. common stock at an exercise price of $1.35 per share, with the options vesting annually over five years.

What does the 2/19/2025 stock option grant for the QUBT COO include?

On 2/19/2025, the Chief Operating Officer received stock options on 5,600 shares of common stock at an exercise price of $7.96 per share, and these options are described as fully vested.

Are the reported QUBT holdings direct or indirect for the COO?

The tables indicate that both the 28,400 common shares and all reported stock options are held with direct ownership form.