STOCK TITAN

D-Wave Quantum (NYSE: QBTS) exec has 3,180 shares withheld for RSU taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive Sophie C. Ames, Exec. Vice President & CHRO, reported a compensation-related tax-withholding event. On 2026-07-14, 3,180 shares of common stock were withheld at $18.66 per share to satisfy tax obligations upon RSU vesting. Following this, she directly holds 592,079 shares, which include 583,019 unvested RSUs; this was not an open-market sale.

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") 3,180 $18.66 $59K
Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 592,079 shares (Direct)
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 583,019 unvested RSUs.
Shares withheld for taxes 3,180 shares Common stock withheld to satisfy tax withholding requirements on RSU vesting
Withholding price per share $18.66 Value per share for the 3,180 shares withheld for tax obligations
Direct holdings after transaction 592,079 shares Common shares directly held by Sophie C. Ames following the tax-withholding event
Unvested RSUs included 583,019 RSUs Unvested restricted stock units included within the reported equity position
Par value per share $0.0001 per share Par value of D-Wave Quantum Inc. common stock involved in the transaction
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"
vesting financial
"to satisfy tax withholding requirements in connection with the vesting of"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
par value $0.0001 per share financial
"Common Stock, par value $0.0001 per share ("Common Stock")"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

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

D-Wave Quantum reported that Exec. Vice President & CHRO Sophie C. Ames had 3,180 shares of common stock withheld to satisfy tax obligations linked to vesting restricted stock units, rather than executing an open-market sale of shares.

How many D-Wave Quantum (QBTS) shares were withheld for taxes in this Form 4?

The filing shows 3,180 shares of D-Wave Quantum common stock were withheld at $18.66 per share. This withholding satisfied tax requirements connected to the vesting of restricted stock units (RSUs), not a discretionary sale into the market.

What is Sophie C. Ames’s shareholding in D-Wave Quantum (QBTS) after the transaction?

After the tax-withholding transaction, Sophie C. Ames directly holds 592,079 shares of D-Wave Quantum common stock. According to the footnote, this balance includes 583,019 unvested RSUs that remain subject to vesting conditions over time.

Was the D-Wave Quantum (QBTS) Form 4 transaction an open-market sale?

No. The Form 4 describes a tax-withholding disposition, code F, where 3,180 shares were withheld by the issuer to cover tax withholding requirements related to RSU vesting, instead of being sold by the insider on the open market.

What does the Form 4 say about unvested RSUs for D-Wave Quantum (QBTS) executive Sophie C. Ames?

A footnote states that her holdings include 583,019 unvested RSUs. These restricted stock units represent equity awards that will convert into common shares only as they vest, providing ongoing alignment with company performance.

What security is involved in the D-Wave Quantum (QBTS) insider transaction?

The transaction involves Common Stock, par value $0.0001 per share, of D-Wave Quantum Inc. These shares were used solely to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs) granted to the executive.
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)
07/14/2026
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")07/14/2026F3,180(1)D$18.66592,079(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 583,019 unvested RSUs.
Remarks:
/s/ Sophie C. Ames07/15/2026
** 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)