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.
The D-Wave Quantum Inc. (QBTS) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Form 8-K current reports and other key documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on material events, financial results, capital markets actions, and significant agreements that shape D-Wave’s quantum computing business.
For QBTS, recent Form 8-K filings describe topics such as quarterly financial results, the completion and reminder of public warrant redemptions, and the related Form 25 filing that removed the company’s warrants from listing and registration on the New York Stock Exchange while the common stock continues to trade under the QBTS symbol. Other 8-Ks cover the formation of a U.S. government business unit, providing insight into D-Wave’s focus on government and defense applications.
Filings also document technology and strategic milestones, including announcements of the Qubits 2026 user conference, breakthroughs in scalable on-chip cryogenic control of gate-model qubits, and the Agreement and Plan of Merger to acquire Quantum Circuits, Inc. The merger agreement filing outlines transaction terms, consideration structure, closing conditions, and related lock-up arrangements for key employees.
On Stock Titan, these SEC filings are paired with AI-powered summaries that help explain the significance of each document in clear language. Users can quickly see the core points of lengthy 8-Ks, identify items related to capital structure changes, technology developments, or business strategy, and then open the full filing text for deeper review. This makes it easier to follow QBTS disclosures over time, compare events across filings, and understand how D-Wave’s quantum computing initiatives are reflected in its official regulatory record.
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).
D-Wave Quantum Inc. reported that it has completed the redemption of all of its outstanding public warrants to purchase common stock. Before the November 19, 2025 redemption date, 4,746,358 warrants were exercised for approximately 6.9 million shares of common stock at an exercise price of $11.50 per warrant, generating cash proceeds of approximately $54.6 million for the company.
As of the redemption deadline, 270,820 warrants remained unexercised and were redeemed at $0.01 per warrant, for a total redemption price of $2,708.20 under the warrant agreement terms. Following this redemption, no public warrants remain outstanding. The warrants stopped trading on the NYSE with a trading suspension effective November 18, 2025, while the common stock continues to trade under the symbol QBTS.
D-Wave Quantum, Inc. (QBTS) is the issuer in a Form 144 notice covering a planned sale of 500,000 shares of its common stock on the NYSE through J.P. Morgan Securities LLC. The shares have an stated aggregate market value of $11,720,000 and are part of 346,718,581 shares outstanding as listed in the filing.
The securities to be sold were acquired on 11/20/2025 via a stock option exercise from the issuer, paid in cash on the same date. The person filing, John M. Markovich, also reported several sales of D-Wave Quantum common stock during the prior three months, including a sale of 98,060 shares on 11/13/2025 for gross proceeds of $2,272,482.
D-Wave Quantum Inc. has filed a Form 25 indicating that its warrants, each exercisable for 1.4541326 shares of common stock at an exercise price of $11.50, are being removed from listing and registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934. The exchange certifies that it has followed its own rules and the requirements of 17 CFR 240.12d2-2 for striking this class of securities from listing and/or withdrawing their registration. This action affects only the specified warrant class and not other securities mentioned elsewhere for the company.
D-Wave Quantum Inc. director reports small stock purchase
A director of D-Wave Quantum Inc. (QBTS) reported buying 82 shares of common stock on 11/18/2025 at a price of $21.89 per share. These shares are held indirectly through the director's spouse.
After this transaction, the director reports 19,837 shares held directly, which includes 17,978 unvested restricted stock units, and 118,840 shares held indirectly through the West-Karam Family Trust, where the director is trustee and a beneficiary. The director formally disclaims beneficial ownership of the shares held by the spouse for certain legal purposes.