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D-Wave Quantum (QBTS) SEC Filings, Aug-Sep 2025

QBTS NASDAQ

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.

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D-Wave Quantum Inc. (QBTS) filed a Form 144 reporting a proposed sale of 16,000 shares of common stock through J.P. Morgan Securities LLC on 09/15/2025. The filing lists an aggregate market value of $284,160 and states 338,605,149 shares outstanding. The shares were acquired on 06/10/2025 by RSU vesting from the issuer and were issued for services rendered, with payment dated 06/10/2025. The filer reports no securities sold in the past three months. Several identifying fields for the filer and issuer (names, CIK, contact details) are not present in the provided text.

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John M. Markovich, Chief Financial Officer and Director of D-Wave Quantum Inc. (QBTS), reported multiple open-market and option transactions on 09/10/2025–09/12/2025. The Form 4 shows Mr. Markovich sold blocks of common stock (50,000 on 09/10 at $16.30; 50,000 on 09/11 at $16.30; 50,000 on 09/12 at $17.50) and exercised/was issued shares at $0.92 (100,000 on 09/11 and 50,000 on 09/12). After the reported activity his beneficial ownership is reported as 1,649,511 shares. The filing also discloses outstanding stock options and 812,837 unvested restricted stock units, and additional options exercisable for 120,826 shares at $0.846 with a 01/10/2034 expiration.

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D-Wave Quantum Inc. (QBTS) Form 144: An individual reported a proposed sale of 50,000 shares of common stock to be executed through J.P. Morgan Securities LLC on 09/12/2025 with an aggregate market value listed at $875,000. The filing states the shares were acquired by stock option exercise on 09/12/2025 and paid for in cash on 09/15/2025. The issuer's outstanding shares are reported as 266,568,046, which places the proposed sale at a small fraction of total shares. The filer also disclosed three recent sales by John Markovich totaling 200,000 shares during August–September 2025 with combined gross proceeds of $3,745,000. The notice includes the standard signer representation about lack of undisclosed material adverse information.

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D-Wave Quantum Inc. (QBTS) Form 144 filing reports a proposed sale of 50,000 shares of common stock through J.P. Morgan Securities LLC, with an aggregate market value of $815,000 and an approximate sale date of 09/11/2025. The filer indicates the 50,000 shares were acquired by stock option exercise on 09/11/2025 from the issuer and paid in cash on 09/12/2025. The filing lists the company’s outstanding shares as 266,568,046, and shows prior sales by the same person totaling 150,000 shares in the past three months: 100,000 shares on 08/12/2025 for $1,800,000 and 50,000 shares on 09/10/2025 for $815,000. The notice includes the standard signature representation that the signer is unaware of undisclosed material adverse information.

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D-Wave Quantum Inc. (QBTS) filed a Form 144 notifying a proposed sale of 50,000 shares of common stock through J.P. Morgan Securities LLC with an aggregate market value of $315,000. The filing reports approximately 266,568,046 shares outstanding and lists an approximate sale date of 09/10/2025 on the NYSE. The shares were acquired on 09/10/2025 by stock option exercise from the issuer and payment was made in cash on 09/11/2025. The filer also reported a sale during the past three months: 100,000 shares sold on 08/12/2025 by John Markovich for gross proceeds of $1,800,000. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.

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John M. Markovich, Chief Financial Officer and Director of D-Wave Quantum Inc. (QBTS), reported insider transactions on Form 4. On 09/05/2025 he executed transactions coded M that resulted in the acquisition of 40,758 shares of common stock at a price of $0.92 per share. After the reported activity he beneficially owns 1,599,511 shares of common stock, which explicitly includes 812,837 unvested restricted stock units. The filing also discloses derivative holdings: a $0.92 stock option reflecting 40,758 underlying shares (857,926 options shown as beneficially owned) and a $0.846 option for 120,826 shares that is exercisable as of grant. The Form 4 is signed 09/09/2025.

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Steven M. West, a director of D-Wave Quantum Inc. (QBTS), filed an amended Form 4 reporting corrective details about sales and ownership on August 13, 2025. The amendment clarifies that 119,000 shares were sold by the West-Karam Family Trust at a weighted-average price of $18.06, leaving the trust holding 118,840 shares indirectly beneficially owned by Mr. West. Separately, Mr. West sold 25,000 shares directly at a weighted-average price of $18.176, after which he directly beneficially owns 19,837 unvested restricted stock units. The filing corrects prior reporting about indirect ownership through Emerging Company Partners LLC and supplies footnotes about sale price ranges and trust relationships.

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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.

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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.

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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.

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FAQ

How many D-Wave Quantum (QBTS) SEC filings are available on StockTitan?

StockTitan tracks 206 SEC filings for D-Wave Quantum (QBTS), including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, and Form 4 insider trading disclosures. Each filing includes AI-generated summaries, impact scoring, and sentiment analysis.

When was the most recent SEC filing for D-Wave Quantum (QBTS)?

The most recent SEC filing for D-Wave Quantum (QBTS) was filed on September 15, 2025.