D-Wave Quantum (QBTS) director Rohit Ghai receives 9,357 RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ghai Rohit reported acquisition or exercise transactions in this Form 4 filing.
D-Wave Quantum Inc. director Rohit Ghai received a grant of 9,357 restricted stock units (RSUs) of Common Stock. Each RSU represents the right to receive one share and will vest on May 31, 2027, subject to his continued service. Following this award, his direct holdings total 37,135 shares, including 9,357 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ghai Rohit
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.0001 per share ("Common Stock") | 9,357 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.0001 per share ("Common Stock") — 37,135 shares (Direct, null)
Footnotes (1)
- Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, that will vest on May 31, 2027, subject to the reporting person's continued service to the Issuer. Includes 9,357 unvested RSUs.
Key Figures
RSU grant size: 9,357 RSUs
Holdings after transaction: 37,135 shares
Vesting date: May 31, 2027
3 metrics
RSU grant size
9,357 RSUs
Restricted stock units awarded to director Rohit Ghai
Holdings after transaction
37,135 shares
Total direct Common Stock holdings after RSU grant
Vesting date
May 31, 2027
RSUs vesting subject to continued service
Key Terms
restricted stock units ("RSUs"), Common Stock, grant, award, or other acquisition
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"), each RSU representing the right to receive one share"
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.
Common Stock financial
"each RSU representing the right to receive one share of Common Stock of 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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did D-Wave Quantum (QBTS) report for Rohit Ghai?
D-Wave Quantum reported that director Rohit Ghai received 9,357 restricted stock units of Common Stock as a grant. These RSUs are a form of equity compensation and increase his total direct holdings to 37,135 shares, including the unvested units.
Is the Rohit Ghai Form 4 transaction for QBTS a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not a market purchase. Rohit Ghai received 9,357 restricted stock units at no stated price per share, classified as a grant or award acquisition, which typically reflects equity-based director or executive compensation.
When do Rohit Ghai’s 9,357 QBTS restricted stock units vest?
The 9,357 restricted stock units awarded to Rohit Ghai vest on May 31, 2027. Vesting is contingent on his continued service to D-Wave Quantum, meaning he must remain in his role through that date to receive the underlying shares.