D-Wave Quantum (QBTS) EVP reports 639,179 unvested RSUs

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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)

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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.

Understanding Insider Trading Forms →

04/13/2026 - 05:21 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

AMES SOPHIE C

(Last)

(First)

(Middle)

2650 EAST BAYSHORE ROAD

(Street)

PALO ALTO

CALIFORNIA

94303

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/02/2026

3. Issuer Name and Ticker or Trading Symbol
D-Wave Quantum Inc. [ QBTS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec. Vice President & CHRO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0001 per share ("Common Stock")	649,928⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. 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.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Sophie C. Ames	04/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

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.