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 director Steven M. West reported multiple transfers of Common Stock to entities he controls and to the West-Karam Family Trust. The filing shows transfers on 07/12/2024, 08/22/2024 and 08/05/2025 described as transfers for no consideration. After the reported transactions, the filing states Mr. West held both direct and indirect beneficial ownership positions through the West-Karam Family Trust and Emerging Company Partners LLC, and he remains trustee and beneficiary of the trust. The Form 4/A reflects updated beneficial ownership totals, including specific share counts and unvested RSUs.
D-Wave Quantum Inc. director Steven M. West reported selling a total of 144,000 shares of common stock on August 13, 2025, in two open-market transactions priced around $18.06 and $18.176 per share. After these sales, he holds 114,018 shares directly.
The filing also shows 24,659 shares held indirectly through an entity he controls and notes that a reported sale price is a weighted average of trades between $18.17 and $18.19. His positions include 19,837 shares of unvested restricted stock units.
D-Wave Quantum insider transactions by EVP & Chief Legal Officer Diane Nguyen on 08/13/2025. The filing shows multiple option exercises and open-market sales. Ms. Nguyen exercised stock options at strike prices of $0.91, $0.92 and $2.10 for aggregate grants including 27,668; 9,118; 2,224; and 40,831 option shares, with the $2.10 option covering 40,831 shares of which 43,750 option shares remain related to outstanding awards. The report discloses sales of common stock in several tranches at weighted-average prices between about $18.11 and $18.54. The reporting person held 614,978 shares following some transactions, including 294,212 unvested restricted stock units, and shares were withheld to satisfy tax obligations in connection with RSU vesting.
Insider transactions by D-Wave Quantum CFO John M. Markovich on 08/12/2025: The filing shows Markovich exercised a stock option at an exercise price of $0.92 for 100,000 shares and simultaneously sold 100,000 shares at $18.00 per share. After these transactions his reported beneficial ownership is 1,558,753 shares (direct). The filing also discloses outstanding derivative holdings: a stock option with a $0.92 exercise price covering 100,000 shares (vesting schedule noted) and a fully vested option at $0.846 covering 120,826 shares. The report includes 812,837 unvested restricted stock units included in his holdings.
D-Wave Quantum (QBTS) Form 144: The filing notifies proposed sales of 144,000 common shares on the NYSE, scheduled approximately for 08/13/2025, with an aggregate market value of $2,603,602.21. Those shares represent a small fraction of the 338,605,149 shares outstanding and are listed in two lots: 119,000 shares (aggregate value $2,149,194.12) and 25,000 shares (aggregate value $454,408.09).
The filing also discloses how the shares were acquired: 119,000 shares were issued as grants on 04/01/2020 and 25,000 were an open market purchase on 11/17/2022 paid in cash. Separately, a sale by Steven M West of 311,973 shares on 05/21/2025 generated $5,148,802.39 in gross proceeds. The filer affirms no undisclosed material adverse information.
D-Wave Quantum Inc. filed a Form 144 proposing the sale of 69,270 Class A common shares on the NYSE with an aggregate market value of $1,259,308.27. The filing lists an approximate sale date of 08/13/2025 and reports 266,568,046 shares outstanding, making the proposed sale a very small fraction of the total share count.
The notice discloses how the shares were acquired: two stock option exercises on 08/13/2025 (4,626 and 39,010 shares) and three restricted stock unit vestings in 2024 (7,237; 15,162; 3,235), with payment described as services rendered. The filing also records a prior sale by Diane Nguyen of 85,762 shares on 05/23/2025 for $1,610,046. The filer affirms they do not possess undisclosed material adverse information.
D-Wave is hosting its first Qubits Japan 2025 user conference in Tokyo on September 17, themed "Quantum Realized", to showcase commercial uses of its annealing quantum computing technology. The company reports APAC bookings are up 83% over the past 12 months, and highlights customers exploring AI/ML and optimization solutions. Noted APAC engagements include a pilot with Japan Tobacco Inc. on quantum AI drug discovery, an optimization pilot completed by NTT DOCOMO Inc., and a strategic relationship with Yonsei University and Incheon Metropolitan City to support efforts to acquire a D-Wave Advantage2™ system. A press release is attached as Exhibit 99.1.
D-Wave Quantum Inc. filed a Form 144/A reporting a proposed sale of 300,000 shares of common stock to be sold on 08/12/2025 on the NYSE through J.P. Morgan Securities LLC, with an aggregate market value of $5,700,000 and 338,610,000 shares outstanding.
The filing shows the 300,000 shares were acquired on 08/12/2025 via a stock option exercise from D-Wave and the payment method is listed as cash with a payment date of 08/13/2025. The document also records a prior sale of 400,000 shares on 05/21/2025 that generated $6,920,000. The provided content omits top-level filer identification details in the header fields.
Form 144 filed relating to D-Wave Quantum Inc. (QBTS) proposes the sale of 3,000,000 shares of Class A common stock through J.P. Morgan Securities LLC with an aggregate market value of $5,700,000 and an approximate sale date of 08/12/2025 on the NYSE. The filing also records an acquisition entry showing 300,000 shares acquired via a stock option exercise from D-Wave on 08/12/2025 with payment in cash on 08/13/2025, and a prior sale of 400,000 shares by John Markovich on 05/21/2025 for gross proceeds of $6,920,000. Several standard identifying fields (Filer CIK, issuer name, SEC file number, issuer address) are blank or not provided in the submitted text.