Director at Quantum Computing Inc. (QUBT) awarded 22,123 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schwartz Eric Mark reported acquisition or exercise transactions in this Form 4 filing.
Quantum Computing Inc. director Eric Mark Schwartz received an award of 22,123 restricted stock units (RSUs) of common stock at $6.78 per share. These RSUs were granted under the Quantum Computing Inc. 2022 Equity and Incentive Plan.
According to the vesting schedule, one quarter of the RSUs vests immediately on grant, with additional quarters vesting on June 30, 2026, September 30, 2026, and December 31, 2026, in each case conditioned on his continuous service through the applicable vesting date. Following this grant, he holds 22,123 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schwartz Eric Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,123 | $6.78 | $150K |
Holdings After Transaction:
Common Stock — 22,123 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 22,123 RSUs
Grant price: $6.78/share
Post-grant holdings: 22,123 shares
+2 more
5 metrics
RSU grant size
22,123 RSUs
Common stock award to director Eric Mark Schwartz
Grant price
$6.78/share
Stated price per share for RSU grant
Post-grant holdings
22,123 shares
Total common stock held directly after grant
Immediate vesting portion
25% of RSUs
Vests immediately upon grant
Future vesting dates
June 30, 2026; Sept 30, 2026; Dec 31, 2026
Three remaining 25% tranches, subject to continuous service
Key Terms
restricted stock units (RSUs), Quantum Computing Inc. 2022 Equity and Incentive Plan, vesting, continuous service
4 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) granted to the Reporting Person"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Quantum Computing Inc. 2022 Equity and Incentive Plan financial
"granted to the Reporting Person under the Quantum Computing Inc. 2022 Equity and Incentive Plan"
vesting financial
"Such RSUs will vest as follows: 1/4 of the RSUs will vest immediately"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continuous service financial
"in each case subject to the Reporting Person's continuous service through each applicable vesting date"
FAQ
What insider transaction did Quantum Computing Inc. (QUBT) report for Eric Mark Schwartz?
Quantum Computing Inc. reported that director Eric Mark Schwartz received an award of 22,123 restricted stock units of common stock at $6.78 per share. The grant was made under the company’s 2022 Equity and Incentive Plan as a form of equity compensation.
What is the vesting schedule for Eric Mark Schwartz’s 22,123 RSUs in Quantum Computing Inc. (QUBT)?
The 22,123 restricted stock units vest in four equal installments. One quarter vests immediately on grant, with additional quarters vesting on June 30, 2026, September 30, 2026, and December 31, 2026, provided Eric Mark Schwartz maintains continuous service through each specified vesting date.
Under which plan were the RSUs granted to Quantum Computing Inc. (QUBT) director Eric Mark Schwartz?
The restricted stock units were granted under the Quantum Computing Inc. 2022 Equity and Incentive Plan. This plan provides stock-based compensation such as RSUs to directors and other participants, aligning their interests with shareholders through time-based vesting in company equity.
Was Eric Mark Schwartz’s Quantum Computing Inc. (QUBT) RSU grant an open-market purchase?
No, the Form 4 classifies the transaction as a grant or award acquisition, not an open-market purchase. The 22,123 restricted stock units were issued as compensation, with a stated price of $6.78 per share and a defined vesting schedule through December 31, 2026.