Form 4: Quantum Computing Inc. Executive Transfers 2,000,000 Shares to Family Trust

Sentiment:

SEC Form 4 Filing


Yuping Huang, Chief Quantum Officer and Director at Quantum Computing Inc., reports transferring 2,000,000 shares of common stock to the YH Family Trust of 2025.

Summary

  • Yuping Huang, a Director, 10% Owner, and Chief Quantum Officer of Quantum Computing Inc. (QUBT), filed a Form 4.
  • The form reports a transaction on March 27, 2025, where 2,000,000 shares of Common Stock were transferred.
  • The shares were transferred as a gift (Transaction Code G) at a price of $0.
  • The transfer was from Yuping Huang to the YH Family Trust of 2025, where Huang's wife serves as trustee.
  • Following the transaction, Huang directly owns 22,051,256 shares.
  • The filing was signed on March 28, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The transfer of shares to a family trust doesn't inherently indicate positive or negative sentiment regarding the company's prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing indicates a transfer of shares for estate planning purposes, which is a common practice.

Stakeholder Impact

  • The transfer of shares to a family trust is unlikely to have a direct impact on stakeholders.

Key Dates

DateDescription
03/27/2025Date of the share transfer transaction.
03/28/2025Date of the Form 4 filing.

Keywords

Form 4, Quantum Computing Inc., QUBT, Yuping Huang, Share Transfer, YH Family Trust, Beneficial Ownership, Director, Chief Quantum Officer

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