D-Wave Quantum (QBTS) EVP uses 1,544 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
Key Figures
Shares withheld for taxes: 1,544 shares
Withholding price: $23.37 per share
Shares held after transaction: 595,259 shares
+1 more
4 metrics
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
Key Terms
restricted stock units ("RSUs"), tax withholding requirements, Common Stock
3 terms
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.
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.
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.