D-Wave Quantum (QBTS) EVP Sophie Ames sells 3,070 shares under 10b5-1 plan

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive Sophie C. Ames reported an open-market sale of 3,070 shares of Common Stock at a weighted average price of $21.3513 per share. The sale occurred under a pre-arranged Rule 10b5-1 trading plan and was executed in multiple trades priced between $20.62 and $21.875.

Following this transaction, Ames directly holds 643,678 shares of Common Stock, which includes 639,179 shares underlying unvested restricted stock units. This filing reflects a relatively small, pre-planned sale compared with her overall reported equity position in the company.

Insider Trade Summary 10b5-1

Net Seller: 3,070 shares ($65,548)

Net Sell 1 txn

Insider AMES SOPHIE C

Role Exec. Vice President & CHRO

Sold 3,070 shs ($66K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.0001 per share ("Common Stock")	3,070	$21.3513	$66K

Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 643,678 shares (Direct, null)

Footnotes (1)

1. The reported sale of 3,070 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025. The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $20.62 to $21.875, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. Includes 639,179 shares of unvested restricted stock units.

Key Figures

Shares sold: 3,070 shares Weighted average sale price: $21.3513 per share Sale price range: $20.62–$21.875 per share +2 more

5 metrics

Shares sold 3,070 shares Open-market sale by EVP & CHRO Sophie C. Ames

Weighted average sale price $21.3513 per share Average price for 3,070 QBTS shares sold

Sale price range $20.62–$21.875 per share Multiple transactions within stated range

Shares held after transaction 643,678 shares Direct holdings following the sale

Unvested RSUs included 639,179 shares Unvested restricted stock units within total holdings

Key Terms

Rule 10b5-1 trading plan, weighted average sale price, restricted stock units, open-market sale

4 terms

Rule 10b5-1 trading plan regulatory

"occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

weighted average sale price financial

"The sales price reported is the weighted average sale price for the number of shares of Common Stock sold."

restricted stock units financial

"Includes 639,179 shares of unvested restricted stock units."

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.

open-market sale financial

"transaction_action":"open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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).

X

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.0001 per share ("Common Stock")	04/20/2026		S		3,070(1)	D	$21.3513(2)	643,678(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported sale of 3,070 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.

2. The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $20.62 to $21.875, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

3. Includes 639,179 shares of unvested restricted stock units.

Remarks:

	/s/ Sophie C. Ames	04/21/2026
	** 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 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 executive Sophie C. Ames reported selling 3,070 shares of Common Stock. The shares were sold in open-market transactions under a Rule 10b5-1 trading plan at a weighted average price of $21.3513 per share, across a price range of $20.62 to $21.875.

At what prices did Sophie C. Ames sell D-Wave Quantum (QBTS) shares?

Sophie C. Ames sold D-Wave Quantum shares at a weighted average price of $21.3513. Individual trades occurred in multiple transactions, with sale prices ranging from $20.62 to $21.875 per share, according to the Form 4 footnote detailing the pricing breakdown.

How many D-Wave Quantum (QBTS) shares does Sophie C. Ames hold after the sale?

After the reported sale, Sophie C. Ames holds 643,678 D-Wave Quantum Common Stock shares directly. This total includes 639,179 shares tied to unvested restricted stock units, indicating that most of her reported position consists of equity awards that have not yet vested.

Was the D-Wave Quantum (QBTS) insider sale by Sophie C. Ames pre-planned?

Yes. The Form 4 states that the 3,070-share sale by Sophie C. Ames occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted on June 13, 2025 and later modified on September 12, 2025, indicating the trades were scheduled in advance.

What role does Sophie C. Ames hold at D-Wave Quantum (QBTS)?

Sophie C. Ames serves as Executive Vice President and Chief Human Resources Officer at D-Wave Quantum. Her Form 4 filing reflects an open-market sale of 3,070 shares while maintaining a substantial remaining equity position, including a large number of unvested restricted stock units.