Yuping Huang, CEO, President, Director, and 10% owner of Quantum Computing Inc. (NASDAQ:QUBT), filed a statement of changes in beneficial ownership on August 21, 2026, disclosing a warrant exercise transaction dated August 20, 2026.

Key Highlights

  • Transaction date: August 20, 2026, involving common stock of Quantum Computing Inc.
  • Shares acquired: 584,897 shares of common stock via warrant exercise, coded "A" (acquired), at a price of $8.95 per share.
  • Warrant origin: According to the filing, the warrants were originally acquired in connection with the acquisition of QPhoton, Inc. by Quantum Computing Inc. in June 2022.
  • Post-transaction ownership: Following the transaction, Huang directly beneficially owned 21,531,173 shares of common stock.
  • Remaining derivative position: After the exercise, Huang held 15,316 warrants to purchase shares of common stock, with an expiration date of June 16, 2027, at an exercise price of $8.95.

CEO Warrant Exercise Linked to QPhoton Acquisition

According to the filing, Yuping Huang exercised vested warrants to purchase 584,897 shares of Quantum Computing Inc. common stock on August 20, 2026. The filing states that these warrants "were acquired in the acquisition of QPhoton, Inc. by Quantum Computing Inc. in June 2022," connecting this transaction directly to a prior corporate acquisition. The exercise price for both the warrant exercise and the underlying shares is listed as $8.95.

The transaction is reported in Table I as a non-derivative acquisition coded "A," increasing Huang's directly held common stock position to 21,531,173 shares. In Table II, the corresponding warrant position of 584,897 units is shown as exercised (transaction code "X") on August 20, 2026, with a reported price of $0.00 for the derivative security itself. Following the exercise, the filing discloses that Huang retains 15,316 warrants to purchase shares of common stock, which remain exercisable at $8.95 and expire on June 16, 2027. Huang holds all reported securities directly, with no indirect ownership structure identified in this filing.

Huang is identified in the filing as serving simultaneously as Director, 10% Owner, and CEO and President of Quantum Computing Inc., which trades on NASDAQ under the symbol QUBT. The filing was signed by Yuping Huang and dated August 21, 2026.

What Was Disclosed

The filing discloses that Quantum Computing Inc.'s CEO and President, Yuping Huang, exercised 584,897 vested warrants at $8.95 per share on August 20, 2026, bringing total direct beneficial ownership of common stock to 21,531,173 shares, with 15,316 warrants remaining.