D-Wave Quantum Inc. (NYSE: QBTS) reports RSU tax withholding by EVP

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive Diane Nguyen, EVP, Chief Legal Officer & GC, reported a tax-withholding disposition of 4,066 shares of Common Stock at $18.66 per share, withheld by the company to cover taxes on RSU vesting. She now holds 509,892 shares directly, including 188,349 unvested RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nguyen Diane

Role EVP, Chief Legal Officer & GC

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.0001 per share ("Common Stock")	4,066	$18.66	$76K

Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 509,892 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 188,349 unvested RSUs.

Key Figures

Shares withheld for taxes: 4,066 shares Tax withholding price: $18.66 per share Shares held after transaction: 509,892 shares +1 more

4 metrics

Shares withheld for taxes 4,066 shares Common Stock withheld to satisfy tax withholding requirements on RSU vesting

Tax withholding price $18.66 per share Valuation used for the RSU-related tax-withholding disposition

Shares held after transaction 509,892 shares Direct Common Stock holdings by Diane Nguyen following the tax withholding

Unvested RSUs included 188,349 RSUs Unvested restricted stock units included within reported holdings

Key Terms

restricted stock units ("RSUs"), tax withholding requirements, unvested RSUs

3 terms

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"

unvested RSUs financial

"Includes 188,349 unvested RSUs."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 07:17 PM Accepted by SEC EDGAR 07/15/2026 - 07:17 PM Learn about SEC filing dates

FAQ

What did D-Wave Quantum (QBTS) insider Diane Nguyen report in this Form 4?

Diane Nguyen reported a tax-withholding disposition of 4,066 D-Wave Quantum shares. The shares were withheld by the issuer to satisfy tax obligations arising from the vesting of restricted stock units (RSUs), rather than sold in an open-market transaction.

How many D-Wave Quantum (QBTS) shares were withheld for taxes?

The company withheld 4,066 shares of D-Wave Quantum Common Stock from Diane Nguyen. This withholding covered tax requirements triggered by the vesting of her RSUs, and it reduced her gross vested shares without involving a market sale of stock.

What price per share was used for the D-Wave Quantum (QBTS) tax-withholding transaction?

The tax-withholding disposition used a value of $18.66 per share. This price was applied to the 4,066 withheld shares to satisfy RSU-related tax liabilities, as reflected in the Form 4’s reported transaction price per share.

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

After the tax withholding, Diane Nguyen directly holds 509,892 D-Wave Quantum shares. This position includes 188,349 unvested RSUs, which remain subject to vesting conditions before they fully convert into unrestricted Common Stock.

Were any D-Wave Quantum (QBTS) shares sold on the open market in this Form 4?

No open-market sale occurred; 4,066 shares were withheld by the issuer to meet tax withholding requirements tied to RSU vesting. This non-market disposition simply adjusted Nguyen’s share count for tax purposes without a discretionary sale decision.

What portion of Diane Nguyen’s D-Wave Quantum (QBTS) holdings are unvested RSUs?

Her reported holdings include 188,349 unvested RSUs within a total of 509,892 shares and units. These unvested RSUs represent future shares that will be delivered only as vesting conditions under her equity compensation agreements are satisfied.

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).

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^*

Nguyen Diane

(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)
	EVP, Chief Legal Officer & GC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

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")	07/14/2026		F		4,066(1)	D	$18.66	509,892(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 188,349 unvested RSUs.

Remarks:

	/s/ Diane Nguyen	07/15/2026
	** 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)