Quantum Computing (QUBT) CEO boosts stake with 584,897-share warrant exercise
Rhea-AI Filing Summary
Quantum Computing Inc. (QUBT) reports that CEO, President and director Yuping Huang exercised warrants for 584,897 shares of common stock on August 20, 2026 at an exercise price of $0.0001 per share, converting them into common stock. This amended filing corrects the exercise price for these warrants, which were originally received in the June 2022 acquisition of QPhoton, Inc. After the transactions, Huang directly holds 21,531,173 shares of common stock and 15,316 warrants.
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Insider Trade Summary
Net Buyer: 584,897 shares
Net Buy
2 txns
Insider
Huang Yuping
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Warrants to Purchase Shares of Common Stock F1 | 584,897 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 584,897 | $0.0001 | $58.49 |
Holdings After Transaction:
Warrants to Purchase Shares of Common Stock — 15,316 shares (Direct);
Common Stock — 21,531,173 shares (Direct)
Footnotes (1)
- F1. This Form 4/A is being filed solely to correct the exercise price of the warrants to purchase 584,897 shares of common stock of the Registrant, which were acquired in connection with the acquisition of QPhoton, Inc. by Quantum Computing Inc. in June 2022 and exercised on August 20, 2026. The correct exercise price of the warrants of $0.0001 per share was previously reported in the Form 3 filed by the reporting person on July 27, 2022.
Key Figures
Warrants exercised: 584,897 shares
Exercise price: $0.0001 per share
Common stock holdings after transaction: 21,531,173 shares
+3 more
6 metrics
Warrants exercised
584,897 shares
Warrants to purchase common stock exercised on August 20, 2026
Exercise price
$0.0001 per share
Corrected exercise price for 584,897 warrants acquired in June 2022 QPhoton deal
Common stock holdings after transaction
21,531,173 shares
Direct common stock held by Yuping Huang following the August 20, 2026 transactions
Warrants remaining after exercise
15,316 warrants
Warrants to purchase common stock held directly by Huang after the exercise
Transaction date
August 20, 2026
Date of warrant exercise and related common stock acquisition
Warrant expiration date
June 16, 2027
Expiration for the class of warrants from which 584,897 were exercised
Key Terms
Form 4/A, warrants, exercise price, in-the-money derivative exercise, +1 more
5 terms
Form 4/A regulatory
"This Form 4/A is being filed solely to correct the exercise price"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
warrants financial
"warrants to purchase 584,897 shares of common stock of the Registrant"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"The correct exercise price of the warrants of $0.0001 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
in-the-money derivative exercise financial
"transaction_action: in-the-money derivative exercise"
acquisition of QPhoton, Inc. financial
"acquired in connection with the acquisition of QPhoton, Inc. by Quantum"
FAQ
What insider transaction did Quantum Computing Inc. (QUBT) report in this Form 4/A?
Quantum Computing Inc. reported that CEO and President Yuping Huang exercised warrants for 584,897 shares of common stock on August 20, 2026, converting them into common stock and updating his direct holdings in the company.
What was the corrected exercise price of the QUBT warrants in this Form 4/A?
The corrected exercise price of the warrants was $0.0001 per share. The amendment states that this is a correction to the previously reported exercise price, consistent with the exercise price disclosed in Huang’s Form 3 filed on July 27, 2022.
What are Yuping Huang’s Quantum Computing Inc. (QUBT) holdings after these transactions?
Following the reported transactions, Yuping Huang directly holds 21,531,173 shares of QUBT common stock and 15,316 warrants to purchase additional shares, as disclosed in the amended Form 4/A.
Why did Quantum Computing Inc. (QUBT) file this Form 4/A amendment?
The amendment was filed solely to correct the exercise price of warrants to purchase 584,897 shares of common stock. The correct price is $0.0001 per share, matching the exercise price previously disclosed in Huang’s Form 3 relating to the June 2022 QPhoton acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
