STOCK TITAN

D-Wave Quantum (NYSE: QBTS) reports RSU tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

D-Wave Quantum Inc. executive Sophie C Ames, Executive Vice President & CHRO, reported a routine tax-withholding disposition related to equity compensation. On April 13, 2026, 3,180 shares of common stock were withheld by the company at $14.25 per share to satisfy tax obligations from vesting restricted stock units. After this withholding, she directly holds 646,748 shares, which include 639,179 shares of unvested restricted stock units.

Positive

  • None.

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Insider AMES SOPHIE C
Role Exec. Vice President & CHRO
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.0001 per share ("Common Stock") 3,180 $14.25 $45K
Holdings After Transaction: Common Stock, par value $0.0001 per share ("Common Stock") — 646,748 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. Includes 639,179 shares of unvested restricted stock units.
Tax-withheld shares 3,180 shares Shares withheld to satisfy tax withholding requirements on RSU vesting
Withholding price $14.25 per share Value assigned to shares withheld for tax obligations
Shares after transaction 646,748 shares Total common shares directly held by Sophie C Ames after withholding
Unvested RSUs included 639,179 shares Unvested restricted stock units included in post-transaction holdings
restricted stock units financial
"in connection with the vesting of 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.
tax withholding requirements financial
"withheld by the Issuer to satisfy tax withholding requirements in connection"
unvested restricted stock units financial
"Includes 639,179 shares of unvested restricted stock units."
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*
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)
04/13/2026
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")04/13/2026F3,180(1)D$14.25646,748(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. Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
2. Includes 639,179 shares of unvested restricted stock units.
Remarks:
/s/ Sophie C. Ames04/15/2026
** 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 Sophie C Ames?

D-Wave Quantum reported that executive Sophie C Ames had 3,180 shares of common stock withheld to cover taxes on vesting restricted stock units. This was a tax-withholding transaction, not an open-market sale or purchase, and reflects standard treatment of equity compensation.

How many D-Wave Quantum (QBTS) shares were withheld for taxes and at what price?

A total of 3,180 D-Wave Quantum common shares were withheld at $14.25 per share. These shares were used to satisfy tax withholding requirements triggered when restricted stock units vested, rather than being sold on the open market by the executive.

How many D-Wave Quantum (QBTS) shares does Sophie C Ames hold after this Form 4 transaction?

Following the tax-withholding disposition, Sophie C Ames directly holds 646,748 D-Wave Quantum common shares. This figure includes a substantial component of unvested restricted stock units, indicating an ongoing equity-based compensation stake aligned with the company’s long-term performance.

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

Out of Sophie C Ames’s 646,748 directly held shares, 639,179 shares represent unvested restricted stock units. These units vest over time according to plan terms, tying a large part of her compensation to the company’s future stock performance and continued service.

Does this D-Wave Quantum (QBTS) Form 4 show a market sale by Sophie C Ames?

No, the Form 4 shows shares withheld by the issuer to satisfy tax withholding requirements on vesting restricted stock units. It is described as a tax-withholding disposition, meaning the company retained shares for taxes rather than the executive selling them in the market.