secwatch.observer — SEC 8-K summary
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Issuer:     Quantum Computing Inc. (QUBT)
CIK:        0001758009
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0001213900-24-114015
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum Computing extends CEO McGann's term to Dec 2025, raises base to $420k
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- CEO term extended through December 31, 2025 from original end date of January 3, 2025.
- Annual base salary increased 5% to $420,000, effective January 1, 2025.
- CEO guaranteed minimum annual cash bonus set at 5% of base salary.
- Amendment effective as of December 30, 2024; all other terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758009/000121390024114015/0001213900-24-114015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758009/000121390024114015/ea0226358-8k_quantum.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-114015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer