D-Wave Quantum exec has 3,191 shares withheld
Executive officer Diane Nguyen had shares withheld for RSU tax obligations and now directly holds over 500,000 QBTS shares including substantial unvested RSUs.
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Form Type
4
Rhea-AI Filing Summary
D-Wave Quantum Inc. (QBTS) reported that executive officer Diane Nguyen, EVP, Chief Legal Officer & GC, had 3,191 shares of common stock withheld on September 15, 2026 to satisfy tax withholding requirements upon vesting of restricted stock units. After this tax-withholding disposition, she directly holds 503,302 shares, including 169,962 unvested RSUs and 643 shares acquired under the company’s Employee Stock Purchase Plan.
Insider Trade Summary
Tax Withholding: 3,191 shares
Tax Withholding
1 txn
Insider
Nguyen Diane
Role
EVP, Chief Legal Officer & GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.0001 per share ("Common Stock") F1, F2 | 3,191 | $16.83 | $54K |
Holdings After Transaction:
Common Stock, par value $0.0001 per share ("Common Stock") — 503,302 shares (Direct)
Holdings Before and After:
Common Stock, par value $0.0001 per share ("Common Stock"), 506,493 to 503,302 shares (Direct)
Footnotes (2)
- F1. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").
- F2. Includes 169,962 unvested RSUs and (ii) and 643 shares of Common Stock acquired under the Employee Stock Purchase Plan ("ESPP") of the Issuer for the purchase period of December 1, 2025 to May 29, 2026. In accordance with the ESPP, such 643 shares of Common Stock were purchased at a price equal to 85% of the closing price of the Issuer's Common Stock on December 1, 2025.
Key Figures
Shares withheld for taxes: 3,191 shares
Withholding reference price: $16.83 per share
Shares held after transaction: 503,302 shares
+3 more
6 metrics
Shares withheld for taxes
3,191 shares
Common stock withheld on September 15, 2026 for RSU tax withholding
Withholding reference price
$16.83 per share
Price associated with the 3,191 shares withheld for tax liability
Shares held after transaction
503,302 shares
Total direct QBTS common shares after the September 15, 2026 disposition
Unvested RSUs
169,962 RSUs
Unvested restricted stock units included in post-transaction holdings
ESPP shares
643 shares
Common shares acquired under the ESPP for Dec 1, 2025–May 29, 2026 period
ESPP purchase discount
85% of closing price
ESPP purchase price set at 85% of QBTS closing price on December 1, 2025
Key Terms
restricted stock units, tax withholding requirements, Employee Stock Purchase Plan, par value
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding requirements financial
"withheld by the Issuer to satisfy tax withholding requirements in connection"
Employee Stock Purchase Plan financial
"Common Stock acquired under the Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
par value financial
"Common Stock, par value $0.0001 per share ("Common Stock")"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did D-Wave Quantum (QBTS) disclose for Diane Nguyen?
The company disclosed that 3,191 QBTS shares were withheld on September 15, 2026 to satisfy tax withholding requirements related to the vesting of restricted stock units, classified as a payment of tax liability by delivering or withholding securities.
How many unvested RSUs in QBTS does Diane Nguyen have after the transaction?
After the September 15, 2026 transaction, Diane Nguyen’s holdings include 169,962 unvested restricted stock units (RSUs) of D-Wave Quantum Inc., as specified in the footnote to the Form 4 filing.
What does the Form 4 say about Diane Nguyen’s purchases under the QBTS Employee Stock Purchase Plan?
The filing states she holds 643 QBTS shares acquired under the Employee Stock Purchase Plan for the purchase period December 1, 2025 to May 29, 2026, bought at a price equal to 85% of the closing price on December 1, 2025.
Was Diane Nguyen’s QBTS Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan; the document-level checkbox for such a plan is not marked as being used for this tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
