CFO and General Counsel Exercises $2.74M in Options, Sells Shares for Tax Cover
QUBT sits 72% above its 52-week low of $4.373.
Summary
Quantum Computing's CFO and General Counsel exercised $2.74 million in stock options, selling a portion to cover taxes and fees, resulting in a net increase in direct ownership.
Key Events · Ownership and Investor Activity · QUBT
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Significant Option Exercise
Christopher Bruce Roberts, CFO and General Counsel, exercised options to acquire 400,000 shares of common stock, valued at $2,740,000.
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Sell-to-Cover Transaction
78,262 shares, valued at $614,499, were sold to cover the exercise price, tax obligations, and broker fees, a common practice for option exercises.
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Increased Direct Ownership
Following the transactions, the insider's direct holdings increased, demonstrating continued commitment to the company.
Analysis · QUBT · Technology
Christopher Bruce Roberts, the CFO and General Counsel, exercised a substantial amount of stock options, acquiring shares valued at $2.74 million. A portion of these shares, valued at $614,499, was subsequently sold to cover the exercise price, withholding tax obligations, and associated fees. This "sell-to-cover" transaction is a common practice for option exercises and does not necessarily indicate a lack of confidence. The net effect is an increase in the insider's direct ownership, signaling continued commitment to the company.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.2% of the 1961 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, QUBT was trading at $7.52 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $4.37 to $25.84. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.