Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2026-05-27 17:31:17 ET · period of report 2026-05-22 · accession 0001453942-26-000008 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-05-27 17:31 | 2026-05-22 | QBTS | Markovich John M. | CFO | M - OptEx | $0.8928 | +328.8K | 1.77M | +23% | +$293.5K |
| D | 2026-05-27 17:31 | 2026-05-22 | QBTS | Markovich John M. | CFO | S - Sale+OE | $27.70 | -328.8K | 1.44M | -19% | -$9.11M |
| DM | 2026-05-27 17:31 | 2026-05-22 | QBTS | Markovich John M. | CFO | M - OptEx | $0.8928 | -328.8K | 0 | -100% | -$293.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2026-05-22 | M | A | 207,926 | $0.92 | 1,650,746 | D | — | — | (F1) Includes 447,770 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2026-05-22 | M | A | 120,826 | $0.846 | 1,771,572 | D | — | — | (F1) Includes 447,770 shares of unvested restricted stock units. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2026-05-22 | S | D | 328,752 | $27.70 | 1,442,820 | D | — | — | (F2) The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $27.00 to $28.61, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer. (F1) Includes 447,770 shares of unvested restricted stock units. |
| 4 | Derivative | Stock Option (right to buy) | 2026-05-22 | M | D | 207,926 | $0.92 | 0 | D | $0.92 · — to 2031-08-20 | 207,926 Common Stock, par value $0.0001 per share ("Common Stock") | (F3) Prior to the reported option exercise transaction, this option had fully vested and was exercisable as to 207,926 shares of Common Stock. |
| 5 | Derivative | Stock Option (right to buy) | 2026-05-22 | M | D | 120,826 | $0.846 | 0 | D | $0.846 · — to 2034-01-10 | 120,826 Common Stock, par value $0.0001 per share ("Common Stock") | (F4) Prior to the reported option exercise transaction, this option had fully vested and was exercisable as to 120,826 shares of Common Stock. |