Shabani Javad sold QUBT
August 18, 2025 · Form 4 insider transaction
Shabani Javad sold 40,000 shares of Quantum Computing Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 21 days after the transaction.
Footnotes
These shares were acquired by the Reporting Person on August 18, 2025 by exercising the Stock Options (defined below) to purchase 40,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), all of which were vested, using a "net exercise" method at a cashless exercise price of $15.84 per share, resulting in the issuance of 37,474 shares of Common Stock.; The non-qualified stock options (the "Stock Options") were granted to the Reporting Person on May 10, 2024 pursuant to the Quantum Computing Inc. 2022 Equity and Incentive Plan and according to the terms of the director agreement by and between the Reporting Person and the Issuer, at an exercise price of $1.00 and fully vested on December 31, 2024.