Michael C. Turmelle - 03 Jun 2025 Form 4 Insider Report for Quantum Computing Inc. (QUBT)

Reporting relationship: Director
Issuer ticker: QUBT
Reported as of: 03 Jun 2025
Net transaction value: -$2,371,237
SEC form: 4
Accepted by SEC: 11 Jun 2025, 19:47:06 UTC
Prior SEC filing: 21 Feb 2025
Next SEC filing: 05 Jan 2026
Source filing: View source filing
Reporting owner signature: /s/ Michael Turmelle

Key filing fact

Michael C. Turmelle filed Form 4 for Quantum Computing Inc. (QUBT) on 11 Jun 2025.

Key facts

This page summarizes Michael C. Turmelle's Form 4 filing for Quantum Computing Inc. (QUBT).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 11 Jun 2025, 19:47.

Change

Previous filing in this sequence was filed on 21 Feb 2025.
Current net transaction value: -$2,371,237.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001206290 Primary reporting owner

TURMELLE MICHAEL C

Relationship: Director
Address: 5 MARINE VIEW PLZ, #214, HOBOKEN
Signature: /s/ Michael Turmelle
Signature date: 11 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QUBT transaction

Common Stock

Options Exercise

Transaction value: $192,590
Shares: +80,246
Change %
Price: $2.40
Shares after: 80,246
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F1, F2

QUBT transaction

Common Stock

Options Exercise

Transaction value: $286,154
Shares: +120,740
Change %
Price: $2.37
Shares after: 120,740
Date: 03 Jun 2025
Ownership: Direct
Footnotes: F2

QUBT transaction

Common Stock

Sale

Transaction value: $2,849,981
Shares: -200,986
Change %: -100%
Price: $14.18
Shares after: 0
Date: 09 Jun 2025
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QUBT transaction Derivative

Options to Purchase Shares of Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -80,246
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 80,246
Exercise price: $2.40
Footnotes: F1

QUBT transaction Derivative

Options to Purchase Shares of Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -120,740
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 120,740
Exercise price: $2.37
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These shares were acquired by the Reporting Person on June 3, 2025 by exercising (i) the stock options to purchase 100,000 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), granted on January 24, 2022 and (ii) stock options to purchase 150,000 shares of Common Stock granted on October 17, 2022, all of which were vested, using a "net exercise" method at a cashless exercise price of $12.15 per share, resulting in the issuance of 200,986 shares of Common Stock.

Footnote F2

The total number of shares of Common Stock beneficially owned directly by the Reporting Person does not include 400,000 shares of Common Stock issuable upon exercise of vested options to purchase shares of common stock.