D-Wave Quantum (QBTS) director’s 10b5-1 sale of 13,518 shares

Rhea-AI Filing Summary

D-Wave Quantum Inc. director Rohit Ghai reported an open-market sale of 13,518 shares of Common Stock on June 15, 2026 at a weighted average price of $26.4133 per share. The sale was executed automatically under a Rule 10b5-1 trading plan adopted on June 13, 2025. Following the transaction, Ghai directly holds 23,617 shares, including 9,357 unvested restricted stock units.

Insider Trade Summary 10b5-1

Net Seller: 13,518 shares ($357,055)

Net Sell 1 txn

Insider Ghai Rohit

Role null

Sold 13,518 shs ($357K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.0001 per share ("Common Stock")	13,518	$26.4133	$357K

Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 23,617 shares (Direct, null)

Footnotes (1)

1. The reported sale of 13,518 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 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 $25.68 to $27.1178, 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 9,357 unvested restricted stock units.

Key Figures

Shares sold: 13,518 shares Weighted average sale price: $26.4133 per share Shares held after transaction: 23,617 shares +2 more

5 metrics

Shares sold 13,518 shares Open-market sale on June 15, 2026

Weighted average sale price $26.4133 per share Common Stock sale on June 15, 2026

Shares held after transaction 23,617 shares Direct holdings following the sale

Unvested RSUs included 9,357 RSUs Part of post-transaction holdings

Rule 10b5-1 plan adoption date June 13, 2025 Plan governing automatic sale of 13,518 shares

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

"The reported sale of 13,518 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025."

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 9,357 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.

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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^*

Ghai Rohit

(Last) (First) (Middle)

C/O D-WAVE QUANTUM INC.

2650 E BAYSHORE RD

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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")	06/15/2026		S		13,518(1)	D	$26.4133(2)	23,617(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 13,518 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 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 $25.68 to $27.1178, 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 9,357 unvested restricted stock units.

Remarks:

	/s/ Rohit Ghai	06/16/2026
	** 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 did D-Wave Quantum (QBTS) director Rohit Ghai report in this Form 4?

Director Rohit Ghai reported an open-market sale of 13,518 D-Wave Quantum common shares. The transaction occurred at a weighted average price of $26.4133 per share and was executed under a pre-arranged Rule 10b5-1 trading plan adopted in June 2025.

How many D-Wave Quantum (QBTS) shares did Rohit Ghai sell and at what price?

Rohit Ghai sold 13,518 shares of D-Wave Quantum common stock. The filing states a weighted average sale price of $26.4133 per share, with individual trades executed between $25.68 and $27.1178 across multiple transactions on the same date.

Was the D-Wave Quantum (QBTS) insider sale made under a Rule 10b5-1 trading plan?

Yes. The Form 4 notes the 13,518-share sale occurred automatically under a Rule 10b5-1 trading plan. That plan was adopted by Rohit Ghai on June 13, 2025, indicating the trades were pre-scheduled rather than discretionary market-timing decisions.

How many D-Wave Quantum (QBTS) shares does Rohit Ghai hold after this transaction?

After the reported sale, Rohit Ghai directly holds 23,617 D-Wave Quantum shares. This total includes 9,357 unvested restricted stock units, which represent share-based compensation that will vest over time according to the company’s equity award terms.

What does the price range in the D-Wave Quantum (QBTS) Form 4 footnote mean?

The filing reports a weighted average sale price of $26.4133, with trades executed between $25.68 and $27.1178. This means multiple transactions occurred within that range, and detailed breakdowns by exact price and share count are available upon request from authorized parties.