Welcome to our dedicated page for D-Wave Quantum SEC filings (Ticker: QBTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
D-Wave Quantum Inc. filings document the regulatory record for a public quantum computing company that develops annealing and gate-model systems, software and services. The company’s Form 8-K disclosures include operating results, financial-condition updates, investor presentations, Regulation FD announcements, customer and collaboration developments, user conferences and product or technical updates.
Proxy and governance filings cover board matters, executive compensation, equity awards and shareholder voting items. Other material-event filings describe compensation arrangements, the company’s equity incentive plan, subsidiary agreements and formal disclosures tied to its commercial quantum computing business.
D-Wave Quantum Inc. shareholder John Markovich filed a notice to sell 11562 shares of common stock under Rule 144. The planned sale, to be executed on the NYSE through J.P. Morgan Securities LLC, has an indicated aggregate market value of 276266.87. The table shows 346718581 common shares outstanding; this is a baseline figure, not the amount being sold.
Markovich acquired 26898 common shares on 12/15/2025 through vesting of restricted stock units from D-Wave Quantum Inc. as payment for services, and this notice relates to sales from that position. During the past 3 months, he previously sold 7994, 98060, 200000, 100000, and 100000 common shares on 10/14/2025, 11/13/2025, 11/20/2025, 12/03/2025, and 12/04/2025, respectively, for gross proceeds of 349685, 2272482, 4588000, 2505000, and 2756000.
D-Wave Quantum Inc. insider Diane Nguyen filed a notice to sell 2733 shares of common stock through J.P. Morgan Securities LLC, with an aggregate market value of 65303.35 on the NYSE around 12/15/2025. The notice states that 346718581 common shares were outstanding. The shares to be sold are part of 6357 common shares acquired on 12/15/2025 via vesting of restricted stock units from D-Wave Quantum Inc. as compensation for services rendered, with payment dated 12/16/2025.
The filing also reports recent sales during the past three months. Diane Nguyen sold 20827 common shares on 10/14/2025 for gross proceeds of 911044, 20000 common shares on 11/13/2025 for gross proceeds of 473282, and 2803 common shares on 11/13/2025 for gross proceeds of 64958. By signing the notice, the seller represents that she does not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
D-Wave Quantum Inc. (QBTS) director reported an automatic sale of Common Stock. On 12/05/2025, the reporting person sold 8,000 shares of D-Wave Quantum Inc. common stock at a weighted average price of $27.3612 per share, in multiple trades between $26.28 and $28.62. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 15, 2025, which is designed to systematically sell shares according to preset instructions. Following this sale, the director beneficially owns 27,803 shares of common stock, which includes 14,260 unvested restricted stock units.
D-Wave Quantum Inc. reported that it will host its Qubits 2026 quantum computing user conference in Boca Raton, Florida on January 27–28, 2026. The event will bring together D-Wave executives, customers, industry leaders, and scientists to discuss how the company’s energy-efficient annealing quantum computers and hybrid-quantum solvers are being used in real-world applications.
During Qubits 2026, D-Wave plans to present its latest technology roadmap for both annealing and gate-model initiatives, emphasizing its focus on commercial-grade superconducting quantum technology and long-term strategic vision. The announcement was made through a press release, which is included as an exhibit to this report and is furnished rather than filed for securities law purposes.
D-Wave Quantum Inc. director transaction: A board member reported selling 7,000 shares of D-Wave Quantum Inc. common stock on 12/03/2025 at a price of $22.62 per share. After this sale, the reporting person beneficially owns 112,673 shares of common stock, which includes 14,260 shares of unvested restricted stock units.
D-Wave Quantum Inc. reported insider transactions by its Chief Financial Officer, John M. Markovich. On December 3, 2025, he exercised stock options to acquire 100,000 shares of common stock at an exercise price of $0.92 per share and sold 100,000 shares of common stock at a weighted average price of $25.05. On December 4, 2025, he again exercised options for 100,000 shares at $0.92 and sold 100,000 shares at a weighted average price of $27.56. These trades were made under a Rule 10b5-1 trading plan adopted on August 21, 2025. After the reported transactions, he beneficially owns 1,482,874 shares of common stock, including 545,315 unvested restricted stock units and multiple stock option awards with exercise prices of $0.92 and $0.846 per share.
D-Wave Quantum Inc. has a Form 144 notice for a proposed sale of Class A common stock. The planned transaction covers 7,000 shares to be sold through J.P. Morgan Securities LLC on the NYSE, with an approximate sale date of 12/03/2025 and an aggregate market value of 158,340. The filing notes that these shares were acquired as a restricted stock unit vest on 05/31/2024 from D-Wave Quantum Inc. for services rendered, with a listed payment date of 12/04/2025. Shares of Class A common stock outstanding were 10,517,278 at the time stated in the notice.
D-Wave Quantum Inc. announced the formation of a new business unit focused on expanding adoption of its quantum computing products and services within the U.S. government. The unit will coordinate government-related initiatives across the company and concentrate on national security, defense, and infrastructure applications.
The business will be led by Jack Sears Jr., who joins D-Wave’s executive team as vice president of U.S. government solutions. He brings more than 25 years of experience working with federal government customers in the defense and aerospace sectors, including responsibilities for growth strategy, pricing, proposals, and federal acquisition compliance.
D-Wave also highlighted that its Advantage2 quantum computer is now operational at the Alabama headquarters of Davidson Technologies, Inc., a mission-driven technology company that supports U.S. Department of War and commercial aerospace customers, and is expected to be used for mission-critical and eventually sensitive government applications.
D-Wave Quantum Inc. (QBTS) director John D. DiLullo filed a Form 4 reporting a change in his holdings of the company’s common stock. On 11/21/2025, he reported a transaction coded "G," indicating a gift of 492 shares of common stock at a reported price of $0 per share. After this transaction, he beneficially owns 35,803 shares of D-Wave Quantum common stock.
The filing notes that this remaining position includes 14,260 unvested restricted stock units, which are rights to receive shares in the future subject to vesting conditions. The form is filed as an individual filing by one reporting person in his capacity as a director of the company.
D-Wave Quantum Inc. (QBTS) Chief Financial Officer John M. Markovich reported an option exercise and share sale involving the company’s common stock. On 11/20/2025 he exercised a stock option to acquire 200,000 shares of common stock at an exercise price of $0.92 per share, then sold 200,000 shares of common stock on the same date at a weighted average price of $22.94 per share, in multiple transactions.
The filing states that the option exercise and sale were effected under a Rule 10b5-1 trading plan adopted on August 21, 2025. After these transactions, he beneficially owns 1,482,874 shares of common stock, including 545,315 unvested restricted stock units, held directly. He also holds fully vested stock options exercisable for 707,926 shares at $0.92 per share (expiring 08/20/2031) and options exercisable for 120,826 shares at $0.846 per share (expiring 01/10/2034).