Director Robert B Fagenson liquidates entire 100,000-share position in QUBT via 5 sales Sept 9–15 for $1.6M at $15.56 avg
Director Robert B Fagenson executed a complete exit of his equity stake in Quantum Computing Inc., selling 100,000 shares across 5 separate transactions from September 9 through September 15, 2025, realizing $1,556,005.00 at a blended average price of $15.56. The company is unprofitable (net income of $-36,482,000.00 most recent fiscal year) with minimal revenue of $61,000.00 in the latest quarter, suggesting severe operational headwinds. The timing of the liquidation is notable given the stock's 52-week range of $0.64–$25.68 and its current price of $17.71, which is -31.0% from the 52-week high, indicating the director sold into relative weakness after the stock had already declined materially from its highs. This full divestiture of a director's entire position eliminates any remaining financial alignment with shareholder interests and may signal heightened skepticism about near-term prospects in a deeply unprofitable, low-revenue enterprise.