SCHEDULE: Zapata Quantum CEO Boosts Stake to 22.6%

Zapata Quantum, Inc.'s CEO, Sumit Kapur, increased his beneficial ownership to 22.6% of common stock through new option grants and existing holdings.

Summary

• Sumit Kapur, Chief Executive Officer and a director of Zapata Quantum, Inc., beneficially owns 36,633,333 shares of the company's common stock.
• This aggregate ownership represents approximately 22.6% of the 158,295,506 outstanding common shares as of October 14, 2025.
• The beneficial ownership includes 32,500,000 restricted shares vesting over two years, 262,500 shares from a May 20, 2024 stock option grant, 2,500,000 shares from a convertible promissory note, and 1,250,000 shares from a five-year warrant.
• On October 9, 2025, Mr. Kapur received new grants of 1,000,000 stock options and 5,000,000 stock options, both with an exercise price of $0.08 per share.
• These new grants contribute 41,667 and 104,167 currently exercisable shares, respectively, to his beneficial ownership.
• The purpose of these acquisitions is for Mr. Kapur to exercise control over Zapata Quantum, Inc.

Sentiment

Score: 7

Explanation: The significant increase in CEO Sumit Kapur's beneficial ownership, now at 22.6%, demonstrates strong insider confidence and alignment with shareholder interests. This is generally viewed as a positive signal, indicating management's belief in the company's long-term value.

Positives

• Increased beneficial ownership by the CEO signals strong confidence in the company's future.
• The CEO's substantial stake aligns his interests directly with those of other shareholders.
• New stock option grants provide long-term incentives for management performance.

Future Outlook

The vesting schedules for the newly granted stock options and existing restricted shares indicate a long-term commitment from CEO Sumit Kapur to Zapata Quantum, Inc., aligning his incentives with the company's future performance over the next two to four years.

Management Comments

• Mr. Kapur acquired all of his securities with the purpose of exercising control.

Industry Context

This filing reflects an increase in insider ownership, a common event in the market. While not directly tied to operational performance, significant insider stakes, especially from a CEO, are often viewed by investors as a positive signal of management's confidence in the company's long-term prospects and strategic direction.

Related Party Transactions

• Grant of 1,000,000 stock options to CEO and Director Sumit Kapur on October 9, 2025, vesting monthly over two years, with an exercise price of $0.08 per share.
• Grant of 5,000,000 stock options to CEO and Director Sumit Kapur on October 9, 2025, vesting monthly over four years, with an exercise price of $0.08 per share.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive indicator of management's commitment and confidence in the company's future, potentially leading to increased investor confidence.
• Employees, particularly management, may see this as a reinforcement of leadership's long-term vision and stability.

Next Steps

• Continued monthly vesting of 1,000,000 stock options over two years, with the first vesting on November 9, 2025, subject to continued director service.
• Continued monthly vesting of 5,000,000 stock options over four years, subject to continued employment.
• Continued monthly vesting of 32,500,000 restricted shares over a two-year period.
• Continued monthly vesting of the remainder of 600,000 stock options over three years from March 13, 2025.

Key Dates

Recommendation

The significant increase in CEO Sumit Kapur's beneficial ownership, now at 22.6%, demonstrates strong insider confidence and alignment with shareholder interests. While this filing doesn't provide operational or financial performance data, the CEO's commitment to exercising control through a substantial stake is generally viewed positively, suggesting a 'hold' for existing investors and a signal for potential new investors to conduct further due diligence.

Keywords

Zapata Quantum, Sumit Kapur, Schedule 13D, Insider Ownership, Common Stock, Stock Options, Beneficial Ownership, Corporate Governance