STOCK TITAN

D-Wave Quantum (QBTS) EVP Ames sells 3,070 shares via 10b5-1 plan

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive Sophie C Ames, Executive Vice President & CHRO, reported selling 3,070 shares of common stock on July 20, 2026 at a weighted average price of $16.9517 per share. The sale occurred automatically under a Rule 10b5-1 trading plan adopted June 13, 2025 and modified September 12, 2025. After the transaction, she directly holds 589,009 shares, including 583,019 unvested restricted stock units. The shares were sold in multiple trades at prices ranging from $16.72 to $17.48 per share.

Positive

  • None.

Negative

  • None.
Insider AMES SOPHIE C
Role Exec. Vice President & CHRO
Sold 3,070 shs ($52K)
Type Security Shares Price Value
Sale Common Stock, par value $0.0001 per share ("Common Stock") F1, F2, F3 3,070 $16.9517 $52K
Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 589,009 shares (Direct)
Footnotes (3)
  1. F1. The reported sale of 3,070 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.
  2. F2. The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $16.72 to $17.48, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
  3. F3. Includes 583,019 unvested restricted stock units.
Shares sold 3070.0000 shares Common stock sale by Sophie C Ames on July 20, 2026
Weighted average sale price $16.9517 per share Average price for the 3,070 shares sold
Post-transaction holdings 589009.0000 shares Directly held by Sophie C Ames after the reported sale
Unvested restricted stock units 583,019 units Unvested RSUs included within the post-transaction holdings
Sale price range $16.72 to $17.48 per share Range of prices across multiple transactions comprising the sale
10b5-1 plan adoption date June 13, 2025 Date Sophie C Ames adopted the Rule 10b5-1 trading plan
10b5-1 plan modification date September 12, 2025 Date the Rule 10b5-1 trading plan was modified
Rule 10b5-1 trading plan financial
"occurred automatically pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The sales price reported is the weighted average sale price"
restricted stock units financial
"Includes 583,019 unvested restricted stock units."
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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

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

Sophie C Ames reported selling 3,070 shares of D-Wave Quantum common stock. The sale occurred on July 20, 2026 at a weighted average price of $16.9517 per share, executed automatically under a Rule 10b5-1 trading plan she had previously adopted and later modified.

How many D-Wave Quantum (QBTS) shares did Sophie C Ames sell and at what prices?

She sold 3,070 shares of D-Wave Quantum common stock. The reported weighted average sale price was $16.9517 per share, with individual trades executed in multiple transactions at prices ranging from $16.72 to $17.48 per share, inclusive, according to the disclosure.

How many D-Wave Quantum (QBTS) shares does Sophie C Ames hold after this sale?

After the reported sale, Sophie C Ames directly holds 589,009 shares of D-Wave Quantum. This total includes 583,019 unvested restricted stock units, meaning a substantial portion of her reported holdings consists of equity awards that are still subject to vesting conditions over time.

Was the D-Wave Quantum (QBTS) insider sale by Sophie C Ames under a Rule 10b5-1 plan?

Yes. The 3,070-share sale occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted by Sophie C Ames on June 13, 2025 and modified on September 12, 2025, indicating the trades were pre-arranged rather than newly decided.

What price range did the D-Wave Quantum (QBTS) insider sale by Sophie C Ames cover?

The common stock sold by Sophie C Ames traded between $16.72 and $17.48 per share. The filing reports a weighted average sale price of $16.9517 for the 3,070 shares, with additional detail on the exact share counts at each price available upon request.

What portion of Sophie C Ames’s D-Wave Quantum (QBTS) holdings are unvested RSUs?

Her post-transaction total is 589,009 shares, of which 583,019 are unvested restricted stock units. This indicates that nearly all of the reported holdings represent equity awards that will vest over time rather than currently unrestricted, freely tradable common shares.
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).
X
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)
07/20/2026
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")07/20/2026S3,070(1)D$16.9517(2)589,009(3)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. The reported sale of 3,070 shares of Common Stock occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2025 and modified on September 12, 2025.
2. The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $16.72 to $17.48, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
3. Includes 583,019 unvested restricted stock units.
Remarks:
/s/ Sophie C. Ames07/21/2026
** 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)