D-Wave Quantum EVP reports 649,928-share holding
D-Wave Quantum Inc. executive Sophie C. Ames, Executive Vice President and Chief Human Resources Officer, reported her initial ownership position on a Form 3.
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Form Type
3
Rhea-AI Filing Summary
D-Wave Quantum Inc. executive Sophie C. Ames, Executive Vice President and Chief Human Resources Officer, reported her initial ownership position on a Form 3. She holds 649,928 shares of Common Stock, including 639,179 unvested restricted stock units (RSUs), each RSU representing one share of Common Stock.
Subject to her continued service, 515,625 RSUs will vest in equal quarterly installments from April 28, 2026 through October 28, 2028. An additional 75,000 RSUs will vest quarterly from June 18, 2026 through March 18, 2029, and 48,554 RSUs will vest quarterly from June 9, 2026 through March 9, 2030, providing a long-term, service-based equity incentive.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
AMES SOPHIE C
Role
Exec. Vice President & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock, par value $0.0001 per share ("Common Stock") | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share ("Common Stock") — 649,928 shares (Direct)
Footnotes (1)
- F1. Includes 639,179 unvested restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer. Subject to the Reporting Person's continued service to the Issuer, (i) 515,625 of such RSUs will vest in equal quarterly installments from April 28, 2026 through October 28, 2028, (ii) 75,000 of such RSUs will vest in equal quarterly installments from June 18, 2026 through March 18, 2029, and (iii) 48,554 of such RSUs will vest in equal quarterly installments from June 9, 2026 through March 9, 2030.
Key Figures
Total Common Stock beneficially owned: 649,928 shares
Unvested RSUs included in holdings: 639,179 RSUs
First RSU tranche: 515,625 RSUs
+2 more
5 metrics
Total Common Stock beneficially owned
649,928 shares
Reported on Form 3 as initial ownership
Unvested RSUs included in holdings
639,179 RSUs
Each RSU equals one share of Common Stock
First RSU tranche
515,625 RSUs
Vesting quarterly from April 28, 2026 to October 28, 2028
Second RSU tranche
75,000 RSUs
Vesting quarterly from June 18, 2026 to March 18, 2029
Third RSU tranche
48,554 RSUs
Vesting quarterly from June 9, 2026 to March 9, 2030
Key Terms
restricted stock units ("RSUs"), Common Stock, vest, beneficial ownership
4 terms
restricted stock units ("RSUs") financial
"Includes 639,179 unvested restricted stock units ("RSUs"), each RSU representing the right"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Common Stock financial
"each RSU representing the right to receive one share of Common Stock of the Issuer"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
vest financial
"will vest in equal quarterly installments from April 28, 2026 through October 28, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
beneficial ownership financial
"Includes 639,179 unvested restricted stock units ("RSUs"), each RSU representing the right"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing for D-Wave Quantum (QBTS) show about Sophie C. Ames' holdings?
The Form 3 shows Sophie C. Ames holds 649,928 shares of D-Wave Quantum Common Stock. This includes 639,179 unvested RSUs that may convert into shares over time, subject to her continued service with the company.
How many unvested RSUs does Sophie C. Ames hold in D-Wave Quantum (QBTS)?
Sophie C. Ames holds 639,179 unvested restricted stock units (RSUs) in D-Wave Quantum. Each RSU represents the right to receive one share of Common Stock if service-based vesting conditions are met over several years.
What is the vesting schedule for the 515,625 RSUs reported in the D-Wave Quantum (QBTS) Form 3?
515,625 RSUs will vest in equal quarterly installments from April 28, 2026 through October 28, 2028. Vesting depends on Sophie C. Ames’ continued service to D-Wave Quantum during this period, aligning compensation with long-term employment.
When will the 75,000 RSUs for Sophie C. Ames at D-Wave Quantum (QBTS) vest?
The 75,000 RSUs will vest in equal quarterly installments from June 18, 2026 through March 18, 2029. Continued service to D-Wave Quantum is required for each quarterly tranche to vest and convert into Common Stock.
What is the vesting period for the remaining 48,554 RSUs at D-Wave Quantum (QBTS)?
The remaining 48,554 RSUs vest in equal quarterly installments from June 9, 2026 through March 9, 2030. This extended schedule provides a long-dated equity incentive tied to Sophie C. Ames’ ongoing service to the company.
Does the D-Wave Quantum (QBTS) Form 3 reflect a recent stock transaction by Sophie C. Ames?
The Form 3 is an initial statement of beneficial ownership and does not report a specific buy or sell transaction. It instead discloses Sophie C. Ames’ existing Common Stock and RSU holdings with detailed vesting schedules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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