STOCK TITAN

D-Wave Quantum (QBTS) director Rohit Ghai receives 9,357 RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
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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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026
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")06/04/2026A9,357(1)A$037,135(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. 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.
2. Includes 9,357 unvested RSUs.
Remarks:
/s/ Rohit Ghai06/05/2026
** 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)

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.

How many D-Wave Quantum (QBTS) shares does Rohit Ghai hold after this Form 4 filing?

After the reported grant, Rohit Ghai directly holds 37,135 shares of D-Wave Quantum Common Stock. This total includes 9,357 unvested restricted stock units, each representing the right to receive one share upon vesting, subject to service conditions.

Does the Form 4 for Rohit Ghai indicate any sales of D-Wave Quantum (QBTS) shares?

The Form 4 does not report any sales of shares by Rohit Ghai. It only shows an acquisition coded as a grant or award of 9,357 restricted stock units, increasing his equity-based position in D-Wave Quantum without any corresponding dispositions.