Quantum Computing (NASDAQ: QUBT) CEO adds 584K shares
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.
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Insights
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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 | $8.95 | $5.23M |
Holdings After Transaction:
Warrants to Purchase Shares of Common Stock — 15,316 shares (Direct);
Common Stock — 21,531,173 shares (Direct)
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
Warrants exercised: 584,897 warrants
Exercise price: $8.95 per share
Common shares acquired: 584,897 shares
+3 more
6 metrics
Warrants exercised
584,897 warrants
Exercised on August 20, 2026
Exercise price
$8.95 per share
Conversion or exercise price of warrants
Common shares acquired
584,897 shares
Shares of common stock received upon warrant exercise
Common shares held after transaction
21,531,173 shares
Direct ownership following the Form 4 transactions
Warrants held after transaction
15,316 warrants
Derivative securities remaining after exercise
Warrant expiration date
June 16, 2027
Expiration date of the reported warrants
Key Terms
Warrants to Purchase Shares of Common Stock, derivative security, conversion or exercise price, ten percent owner
4 terms
derivative security financial
"transaction_code_description: "Exercise of in-the-money or at-the-money derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
conversion or exercise price financial
"conversion_or_exercise_price: "8.9500""
ten percent owner regulatory
"is_ten_percent_owner: 1"
FAQ
What insider transaction did QUBT report for Dr. Yuping Huang on August 20, 2026?
Dr. Yuping Huang exercised 584,897 warrants at an exercise price of $8.95 per share, receiving 584,897 shares of Quantum Computing Inc. common stock, and the corresponding warrants were disposed of as a result of the exercise.
What happened to Dr. Yuping Huang’s warrants in QUBT reported on this Form 4?
Dr. Yuping Huang exercised 584,897 warrants to acquire common stock, leaving a reported balance of 15,316 warrants following the transaction, with the exercised warrants no longer outstanding.
What was the exercise price of the QUBT warrants exercised by Dr. Yuping Huang?
The warrants exercised by Dr. Yuping Huang had an exercise price of $8.95 per share, applied to 584,897 warrants that were converted into an equal number of Quantum Computing Inc. common shares.
Were Dr. Yuping Huang’s QUBT transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the reported transactions were not affirmed as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.