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. (NYSE: QBTS) filed an 8-K to disclose an executive promotion. Effective 31 Jul 2025, current General Counsel Diane Nguyen is elevated to Executive Vice President & Chief Legal Officer.
An amendment to her employment agreement boosts her base salary to $381,000 and maintains eligibility for an annual cash bonus of up to 70 % of salary under the company’s AIP. The Board also granted 16,098 RSUs that vest 25 % after one year and quarterly thereafter, subject to continued service. No other contractual terms were changed and the filing contains no operational or financial results.
The event is primarily a governance update with limited direct financial impact beyond modest compensation cost.
On August 4, 2025, D-Wave Quantum Inc. (QBTS) furnished an 8-K (Item 7.01) announcing the release of a quantum AI toolkit and companion demo aimed at allowing developers to integrate the company’s annealing quantum processors into mainstream machine-learning (ML) workflows. The open-source toolkit is immediately available for download, while the demo showcases quantum-assisted image generation, highlighting what management calls a “pivotal step” toward practical quantum AI.
D-Wave states that the launch advances its quantum-AI product roadmap and is already being explored by customers such as Japan Tobacco Inc., Jülich Supercomputing Centre, and TRIUMF. The filing is furnished—not filed—under Regulation FD, contains no revenue figures, contractual values, or financial guidance, and therefore carries no direct accounting impact. Nonetheless, the announcement underscores growing enterprise interest and could broaden the company’s addressable market if developer adoption materializes.
The Vanguard Group has filed a Schedule 13G reporting a passive 8.87 % beneficial ownership in D-Wave Quantum Inc. (QBTS) as of 30 June 2025. Vanguard holds 27,236,614 common shares.
- Sole voting power: 0 shares
- Shared voting power: 341,976 shares
- Sole dispositive power: 26,611,698 shares
- Shared dispositive power: 624,916 shares
The position is held for clients “in the ordinary course of business” under Rule 13d-1(b), qualifying for a Schedule 13G (passive) rather than a Schedule 13D (activist). Vanguard is classified as an investment adviser (IA) and does not seek to influence control of the company.
Nearly 9 % institutional ownership from a leading asset manager can enhance float liquidity, raise the company’s profile with analysts, and signal long-term confidence. However, the absence of sole voting rights limits Vanguard’s ability to drive governance changes.
D-Wave Quantum (QBTS) General Counsel Diane Nguyen reported a Form 4 filing on June 28, 2025, disclosing a tax-related share withholding transaction that occurred on June 20, 2025. The transaction involved:
- 2,501 shares of common stock were withheld at $15.71 per share to satisfy tax obligations related to vesting restricted stock units (RSUs)
- Following the transaction, Nguyen directly owns 592,029 shares, including 294,699 unvested RSUs
This routine transaction was executed under tax withholding provisions for vesting equity compensation and does not represent a discretionary sale by the insider. The filing indicates Nguyen maintains a significant equity position in the company, with approximately half of the holdings in unvested RSUs.
D-Wave Quantum CFO John M. Markovich reported a tax-related share withholding transaction on June 20, 2025. The filing discloses that 10,584 shares of common stock were withheld by the company at a price of $15.71 per share to satisfy tax obligations related to the vesting of restricted stock units.
Following the transaction, Markovich maintains beneficial ownership of 1,567,360 shares, which includes 834,712 unvested restricted stock units. The transaction was executed under transaction code 'F', indicating a payment of exercise price or tax liability using portion of securities received.
This Form 4 filing represents standard tax withholding practices for executive compensation and does not indicate open market trading activity by the insider. The transaction aligns with typical equity compensation administration for corporate officers.