Quantum Computing CEO exercises 584K warrants
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Rhea-AI Filing Summary
Quantum Computing Inc. (QUBT) reported that CEO, President and ten percent owner Dr. Yuping Huang exercised 584,897 warrants to purchase common stock on August 20, 2026 at an exercise price of $8.95 per share, converting them into 584,897 shares of common stock. These warrants were originally received in the June 2022 acquisition of QPhoton, Inc. Following the transactions, Dr. Huang directly holds 21,531,173 shares of common stock and 15,316 warrants. The filing indicates the transactions were not made pursuant to a Rule 10b5-1 trading plan.
Insights
Analyzing...
Insider Trade Summary
| 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 | $8.95 | $5.23M |
Footnotes (1)
- F1. On August 20, 2026, Dr. Yuping Huang exercised vested warrants (the "Warrants") to purchase 584,897 shares of common stock of the Registrant, which were acquired in the acquisition of QPhoton, Inc. by Quantum Computing Inc. in June 2022.
Key Figures
Key Terms
derivative security financial
conversion or exercise price financial
ten percent owner regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did QUBT report for Dr. Yuping Huang on August 20, 2026?
What happened to Dr. Yuping Huang’s warrants in QUBT reported on this Form 4?
What was the exercise price of the QUBT warrants exercised by Dr. Yuping Huang?
Were Dr. Yuping Huang’s QUBT transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.