D-Wave Quantum CEO reports RSU tax share withholding

D-Wave Quantum Inc. President & CEO Alan E. Baratz reported a tax-withholding disposition of 52,320 shares of common stock on July 14, 2026.

Rhea-AI Filing Summary

D-Wave Quantum Inc. President & CEO Alan E. Baratz reported a tax-withholding disposition of 52,320 shares of common stock on July 14, 2026. The shares were withheld by the company to satisfy tax obligations upon vesting of restricted stock units. Following this event, he directly holds 3,247,451 shares, including 1,137,257 unvested RSUs.

Insider Trade Summary

Tax Withholding: 52,320 shares

Tax Withholding 1 txn

Insider BARATZ ALAN E

Role President & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.0001 per share ("Common Stock") F1, F2	52,320	$18.66	$976K

Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 3,247,451 shares (Direct)

Footnotes (2)

1. F1. 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. F2. Includes 1,137,257 unvested RSUs.

Key Figures

Shares withheld for taxes: 52320.0000 shares Withholding price: $18.6600 per share Shares held after transaction: 3247451.0000 shares +1 more

4 metrics

Shares withheld for taxes 52320.0000 shares Common stock withheld on 2026-07-14 to satisfy tax withholding for RSU vesting

Withholding price $18.6600 per share Value per share used for the tax-withholding disposition of 52,320 shares

Shares held after transaction 3247451.0000 shares Total direct holdings of Alan E. Baratz following the reported transaction

Unvested RSUs 1,137,257 RSUs Unvested restricted stock units included within the CEO’s equity position

Key Terms

restricted stock units, tax withholding requirements, unvested RSUs

3 terms

restricted stock units financial

"in connection with the vesting of restricted stock units ("RSUs")"

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.

tax withholding requirements financial

"withheld by the Issuer to satisfy tax withholding requirements in connection"

unvested RSUs financial

"Includes 1,137,257 unvested RSUs."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did D-Wave Quantum (QBTS) report for Alan E. Baratz?

D-Wave Quantum reported that CEO Alan E. Baratz had 52,320 shares of common stock withheld to cover tax obligations on RSU vesting. This is a tax-withholding disposition, not an open-market share sale.

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

No. The Form 4 shows shares withheld by the issuer to satisfy tax withholding requirements tied to restricted stock unit vesting. It does not reflect a discretionary open-market sale by the CEO.

How many D-Wave Quantum (QBTS) shares does Alan E. Baratz hold after this transaction?

After the tax-withholding disposition, Alan E. Baratz directly holds 3,247,451 shares of D-Wave Quantum common stock. This total figure includes both vested holdings and unvested RSUs referenced in the filing.

How many unvested RSUs does the D-Wave Quantum (QBTS) CEO have?

The filing states that Alan E. Baratz’s position includes 1,137,257 unvested RSUs. These restricted stock units will settle into common shares as they vest under their existing terms.

At what price were D-Wave Quantum (QBTS) shares withheld for the CEO’s tax obligations?

The shares withheld for tax obligations related to RSU vesting are valued at $18.6600 per share. This price is used to determine the value of the 52,320 shares delivered to cover withholding taxes.

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

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Accepted by SEC EDGAR 07/15/2026 - 07:18 PM EDT Learn about SEC filing dates

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^*

BARATZ ALAN E

(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)

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

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		52,320(1)	D	$18.66	3,247,451(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 1,137,257 unvested RSUs.

Remarks:

	/s/ Alan Baratz	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)