D-Wave Quantum director to sell 2,200 shares
Director John D. DiLullo has filed a Rule 144 notice to resell 2,200 QBTS common shares acquired via RSU vesting.
Rhea-AI Filing Summary
D-Wave Quantum Inc. (QBTS) has a notice under Rule 144 for a planned sale of its common stock by director John D. DiLullo. The notice covers 2,200 shares of common stock, to be sold through J.P. Morgan Securities LLC as agent and attorney-in-fact for DiLullo.
The 2,200 shares are reported as acquired from the issuer on June 10, 2025 through RSU vesting in connection with services rendered. The common stock is listed on NASDAQ, and the filing is intended to satisfy the advance-notice requirements of Rule 144 for resales of restricted or control securities.
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Key Figures
Shares to be sold under Rule 144: 2,200 shares
Acquisition date of shares: June 10, 2025
Security type: Common Stock
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4 metrics
Shares to be sold under Rule 144
2,200 shares
Amount of D-Wave Quantum Inc. common stock covered by the notice
Acquisition date of shares
June 10, 2025
Date the 2,200 shares were acquired through RSU vesting
Security type
Common Stock
Class of D-Wave Quantum Inc. securities covered by the Form 144
Issuing market
NASDAQ
Exchange where the common stock referenced in the notice is listed
Key Terms
Rule 144, RSU Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU Vesting financial
"Common Stock | 06/10/2025 | RSU Vesting | Issuer"
RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.
attorney-in-fact regulatory
"as agent and attorney-in-fact for John D. DiLullo"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for D-Wave Quantum Inc. (QBTS)?
The filing discloses that director John D. DiLullo intends to resell 2,200 shares of D-Wave Quantum Inc. common stock under Rule 144, with J.P. Morgan Securities LLC acting as agent and attorney-in-fact for the sale.
What role does John D. DiLullo have at D-Wave Quantum Inc. (QBTS)?
John D. DiLullo is identified as a Director of D-Wave Quantum Inc. in the Form 144. The filing provides information about his intended resale of company common stock under Rule 144 as a person affiliated with the issuer.
On which market is D-Wave Quantum Inc.’s common stock listed in this Form 144?
The Form 144 identifies D-Wave Quantum Inc.’s common stock as listed on NASDAQ. The notice relates to the planned resale of 2,200 shares of this NASDAQ-listed common stock under Rule 144.
AI-generated analysis. How Rhea-AI works. Not financial advice.