D-Wave Quantum grants director 16,493 stock units

The award has two vesting schedules: annual installments beginning in 2027 and a separate May 2027 vest date, each subject to continued service.

Rhea-AI Filing Summary

D-Wave Quantum Inc. director Bernard Gavgani received an award of 16,493 unvested restricted stock units on September 18, 2026. Each unit represents the right to receive one share of common stock. Of the units, 9,686 will vest in three equal annual installments beginning September 18, 2027, and 6,807 will vest on May 31, 2027; both vesting schedules are subject to continued service to the company.

Insider Trade Summary

Grant/Award: 16,493 shares

Grant/Award 1 txn

Insider GAVGANI BERNARD

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.0001 per share ("Common Stock") F1	16,493	$0.00	$0.00

Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 16,493 shares (Direct)

Footnotes (1)

1. F1. Represents 16,493 unvested restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, of which 9,686 RSUs will vest in three equal annual installments beginning on September 18, 2027, and 6,807 RSUs will vest on May 31, 2027, in each case subject to the reporting person's continued service to the Issuer.

Key Figures

Awarded restricted stock units: 16,493 RSUs RSUs in annual installments: 9,686 RSUs Annual installments: 3 equal installments +1 more

4 metrics

Awarded restricted stock units 16,493 RSUs Award to Bernard Gavgani on September 18, 2026

RSUs in annual installments 9,686 RSUs Three equal annual installments beginning September 18, 2027

Annual installments 3 equal installments For 9,686 RSUs, beginning September 18, 2027

RSUs vesting May 31, 2027 6,807 RSUs Vesting is subject to continued service to the company

Key Terms

restricted stock units, annual installments, continued service

3 terms

restricted stock units financial

"16,493 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.

annual installments financial

"vest in three equal annual installments"

continued service financial

"subject to the reporting person's continued service"

FAQ

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

How many RSUs did QBTS director Bernard Gavgani receive?

Bernard Gavgani received 16,493 unvested restricted stock units on September 18, 2026. Each RSU represents the right to receive one share of D-Wave Quantum Inc. common stock.

When do Bernard Gavgani's QBTS RSUs vest?

9,686 RSUs vest in three equal annual installments beginning September 18, 2027, and 6,807 RSUs vest on May 31, 2027. Both schedules are subject to continued service to D-Wave Quantum Inc.

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

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Available on EDGAR 10/14/2026 - 06:19 PM EDT Accepted by SEC EDGAR 10/14/2026 - 06:18 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^*

GAVGANI BERNARD

(Last) (First) (Middle)

C/O D-WAVE QUANTUM INC.

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/18/2026

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")	09/18/2026		A		16,493(1)	A	$0	16,493(1)	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 16,493 unvested restricted stock units ("RSUs"), each RSU representing the right to receive one share of Common Stock of the Issuer, of which 9,686 RSUs will vest in three equal annual installments beginning on September 18, 2027, and 6,807 RSUs will vest on May 31, 2027, in each case subject to the reporting person's continued service to the Issuer.

Remarks:

	/s/ Bernard Gavgani	10/14/2026
	** 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)