Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-08-14 00:00:00 ET · period of report 2025-08-12 · accession 0001907982-25-000187 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-14 | 2025-08-12 | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | +100.0K | 1.66M | +6% | +$92.0K |
| D | 2025-08-14 | 2025-08-12 | QBTS | Markovich John M. | CFO | S - Sale+OE | $18.00 | -100.0K | 1.56M | -6% | -$1.80M |
| D | 2025-08-14 | 2025-08-12 | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | -100.0K | 898.7K | -10% | -$92.0K |
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") | 2025-08-12 | M | A | 100,000 | $0.92 | 1,658,753 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-12 | S | D | 100,000 | $18.00 | 1,558,753 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 3 | Derivative | Stock Option (right to buy) | 2025-08-12 | M | D | 100,000 | $0.92 | 898,684 | D | $0.92 · — to 2031-08-20 | 100,000 Common Stock, par value $0.0001 per share ("Common Stock") | (F2) The option has vested and is exercisable as of the date hereof as to 967,407 shares of Common Stock and the remaining portion of the option vests on August 20, 2025 as to 31,277 shares of Common Stock. |