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. reported a major technical milestone in gate-model quantum computing. The company successfully demonstrated scalable on-chip cryogenic control of qubits, which is described as an industry-first achievement. This approach reduces the amount of wiring needed to manage large numbers of qubits while maintaining qubit fidelity, an important factor for reliable quantum operations.
D-Wave states that this result confirms the on-chip cryogenic control technology already used in its commercial annealing quantum processing units can also be applied to its gate-model architectures. According to chief development officer Dr. Trevor Lanting, the company believes this positions it to deliver what it describes as the first truly scalable, commercial-grade gate-model quantum system. The announcement was made through a press release furnished as an exhibit.
D-Wave Quantum Inc. President & CEO Alan Baratz, who is also a director, reported option exercises and share sales in the company’s stock. On 12/22/2025 he exercised a stock option to acquire 793,712 shares of common stock at an exercise price of $0.91 per share, then sold 793,712 shares of common stock on the same date at a weighted average price of $30.1282 per share in multiple trades. After these transactions, he beneficially owned 2,633,163 shares of common stock, including 735,087 shares underlying unvested restricted stock units. Following the exercise, 474,395 stock options from the exercised grant and an additional fully vested option for 213,232 shares remained outstanding. The filing states that the option exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on August 11, 2025.
D-Wave Quantum Inc.'s Chief Financial Officer, John M. Markovich, reported an option exercise and share sale. On 12/22/2025, he exercised 100,000 stock options for Common Stock at an exercise price of $0.92 per share and acquired the same number of shares. That same day, he sold 100,000 shares of Common Stock at a weighted average price of $30.0262 per share in multiple trades between $30.00 and $30.12.
After these transactions, Markovich beneficially owned 1,471,312 shares of Common Stock, which includes 518,417 unvested restricted stock units. He also held 207,926 fully vested options with a $0.92 exercise price expiring on 08/20/2031 and 120,826 fully vested options with a $0.846 exercise price expiring on 01/10/2034. The option exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on August 21, 2025.
D-Wave Quantum Inc. director Rohit Ghai reported selling 10,000 shares of common stock on 12/15/2025 at a weighted average price of $24.2841 per share, in multiple transactions at prices ranging from $23.60 to $26.55, inclusive.
The sale occurred automatically under a Rule 10b5-1 trading plan adopted on June 13, 2025. Following this transaction, he beneficially owns 37,778 shares, which include 14,260 shares of unvested restricted stock units, all reported as directly owned.
D-Wave Quantum Inc. executive Diane Nguyen, EVP, Chief Legal Officer & General Counsel, reported selling 2,733 shares of common stock on December 15, 2025 at a weighted average price of $23.8944 per share.
The report explains that this sale was required to cover statutory tax withholding tied to the vesting of restricted stock units under the company’s equity incentive plans and does not represent a discretionary trade by Nguyen.
After this transaction, Nguyen beneficially owned 563,309 shares of D-Wave Quantum common stock, which includes 218,256 shares underlying unvested restricted stock units.
D-Wave Quantum Inc. reported an insider transaction by its Chief Financial Officer, John M. Markovich. On 12/15/2025, he sold 11,562 shares of common stock in a transaction used to cover statutory tax withholding triggered by the vesting of restricted stock units. The company notes this was mandated under its equity incentive plans and was not a discretionary trade by the CFO.
The weighted average sale price was $23.8944 per share, with individual trades ranging from $23.8208 to $23.9002. After this tax-related sale, Markovich beneficially owned 1,471,312 shares of the company’s common stock, including 518,417 shares subject to unvested restricted stock units.
QBTS filed a Rule 144 notice for the planned sale of 10,000 shares of its common stock. These shares have an aggregate market value of 279800 and are to be sold on the NYSE through J.P. Morgan Securities LLC, with an approximate sale date of 12/15/2025. The notice states that 346,718,581 shares of this class are outstanding.
The 10,000 shares were acquired on 06/10/2025 through restricted stock unit vesting from the issuer in exchange for services rendered. By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with Rule 144 requirements.
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.