QBTS insider Form 144 filing for 40,000 shares on NYSE

Rhea-AI Filing Summary

D‑Wave Quantum (QBTS) stockholder filed a Form 144 notice to sell 40,000 shares of common stock through J.P. Morgan Securities LLC on or after 11/13/2025 via the NYSE. The notice lists an aggregate market value of $1,056,000.

The shares to be sold were acquired through an ESPP purchase on 06/30/2023 for 5,514 shares (cash) and an RSU vesting on 10/13/2023 for 34,486 shares. The filing also reports a prior sale in the last three months: 20,837 shares on 10/14/2025 for $911,044. Proceeds from any sales would accrue to the selling holder, not the company.

Insights

Equity capital markets analyst

Administrative resale notice; routine and non‑dilutive.

This Form 144 signals a stockholder’s intent to sell up to 40,000 QBTS shares with an indicated aggregate market value of $1,056,000. It specifies NYSE as the venue and J.P. Morgan Securities as broker, consistent with standard Rule 144 procedures for affiliate or restricted stock resales.

The filing lists how the shares were acquired—via an ESPP purchase on 06/30/2023 and an RSU vest on 10/13/2023—and discloses a prior three‑month sale of 20,837 shares for $911,044. As a resale, cash flows accrue to the selling holder; there is no new issuance or company proceeds.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	40000	1056000	346718581	11/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/30/2023	ESPP Purchase	Issuer			5514	06/30/2023	Cash
Common Stock	10/13/2023	RSU Vesting	Issuer			34486	10/13/2023	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Diane Nguyen C/o D-Wave Quantum, Inc. 2650 East Bayshore Road Palo Alto CA 94303	Common Stock	10/14/2025	20837	911044

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does QBTS’s latest Form 144 disclose?

A stockholder intends to sell 40,000 QBTS common shares with an aggregate market value of $1,056,000.

When could the QBTS shares be sold under this Form 144?

The notice lists an approximate sale date of 11/13/2025.

Which broker and exchange are listed for the proposed QBTS sale?

Broker: J.P. Morgan Securities LLC; Exchange: NYSE.

How were the QBTS shares to be sold acquired?

Through an ESPP purchase of 5,514 shares on 06/30/2023 and an RSU vest of 34,486 shares on 10/13/2023.

Were there prior QBTS sales disclosed in the past three months?

Yes. 20,837 shares were sold on 10/14/2025 for $911,044.

Does D‑Wave Quantum receive proceeds from this Form 144 sale?

No. Proceeds go to the selling holder; it is a resale under Rule 144.