STOCK TITAN

D-Wave Quantum (QBTS) EVP uses 1,544 shares to cover RSU tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive vice president and chief human resources officer Sophie C. Ames reported a routine tax-related share disposition. On the reported date, 1,544 shares of Common Stock were withheld by the company to satisfy tax withholding requirements tied to the vesting of restricted stock units (RSUs). This was not an open-market sale. After this withholding, she directly holds 595,259 shares of Common Stock, which includes 589,269 unvested RSUs, indicating a substantial remaining equity stake.

Positive

  • None.

Negative

  • None.
Insider AMES SOPHIE C
Role Exec. Vice President & CHRO
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.0001 per share ("Common Stock") 1,544 $23.37 $36K
Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 595,259 shares (Direct, null)
Footnotes (1)
  1. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs"). Includes 589,269 unvested RSUs.
Shares withheld for taxes 1,544 shares Tax withholding disposition on vesting RSUs
Withholding price $23.37 per share Value used for tax withholding shares
Shares held after transaction 595,259 shares Direct Common Stock holdings following transaction
Unvested RSUs included 589,269 RSUs Unvested restricted stock units within total holdings
restricted stock units ("RSUs") financial
"in connection with the vesting of restricted stock units ("RSUs")."
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.
tax withholding requirements financial
"withheld by the Issuer to satisfy tax withholding requirements in connection"
Common Stock financial
"Represents shares of Common Stock withheld by 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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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. Issuer Name and Ticker or Trading Symbol
D-Wave Quantum Inc. [ QBTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Exec. Vice President & CHRO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.0001 per share ("Common Stock")06/15/2026F1,544(1)D$23.37595,259(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").
2. Includes 589,269 unvested RSUs.
Remarks:
/s/ Sophie C. Ames06/16/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

FAQ

What insider transaction did D-Wave Quantum (QBTS) report for Sophie C. Ames?

D-Wave Quantum reported that executive Sophie C. Ames had 1,544 shares withheld to cover taxes on vesting restricted stock units. This Form 4 event reflects tax withholding by the issuer, not an open-market purchase or sale of QBTS stock.

How many D-Wave Quantum (QBTS) shares were involved in Sophie Ames’s tax withholding?

The filing shows 1,544 shares of D-Wave Quantum Common Stock were withheld to satisfy tax obligations. These shares related to the vesting of restricted stock units, making the event a compensation and tax settlement rather than a discretionary market trade.

How many D-Wave Quantum (QBTS) shares does Sophie Ames hold after this Form 4?

After the tax withholding transaction, Sophie Ames directly holds 595,259 shares of D-Wave Quantum Common Stock. The footnotes state this figure includes 589,269 unvested restricted stock units, highlighting a large remaining equity position tied to her compensation.

Was the D-Wave Quantum (QBTS) Form 4 a sale of shares on the open market?

No, the Form 4 reports shares withheld by the issuer to cover tax requirements on vested RSUs. The transaction is coded as a tax-withholding disposition, not an open-market sale, and is a common mechanism for handling equity award-related tax liabilities.

What are RSUs in the context of D-Wave Quantum (QBTS) executive compensation?

Restricted stock units, or RSUs, are share-based awards that vest over time or upon conditions. The filing notes that shares were withheld when RSUs vested, and that Sophie Ames’s total direct holdings include 589,269 unvested RSUs as part of her ongoing equity compensation.