Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-08-14 00:00:00 ET · period of report 2025-08-13 · accession 0001907982-25-000188 · 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 | 2025-08-14 | 2025-08-13 | QBTS | Nguyen Diane | EVP, CLO, GC | S - Sale+OE | $18.18 | -69.3K | 612.2K | -10% | -$1.26M |
| D | 2025-08-14 | 2025-08-13 | QBTS | Nguyen Diane | EVP, CLO, GC | F - Tax | $18.51 | -2,459 | 601.6K | -0.4% | -$45.5K |
| DM | 2025-08-14 | 2025-08-13 | QBTS | Nguyen Diane | EVP, CLO, GC | M - OptEx | $1.52 | +79.8K | 603.6K | +15% | +$121.3K |
| DM | 2025-08-14 | 2025-08-13 | QBTS | Nguyen Diane | EVP, CLO, GC | M - OptEx | $1.52 | -79.8K | 0 | -100% | -$121.3K |
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") | 2025-08-13 | S | D | 25,634 | $18.11 | 575,968 | D | — | — | (F3) The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.11 to $18.13, 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. (F2) Includes 294,212 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | F | D | 2,459 | $18.51 | 601,602 | D | — | — | (F2) Includes 294,212 shares of unvested restricted stock units. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | M | A | 9,118 | $0.91 | 612,754 | D | — | — | (F2) Includes 294,212 shares of unvested restricted stock units. |
| 4 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | M | A | 40,831 | $2.10 | 616,799 | D | — | — | (F2) Includes 294,212 shares of unvested restricted stock units. |
| 5 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | S | D | 39,010 | $18.18 | 575,968 | D | — | — | (F4) The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.18 to $18.185, 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. (F2) Includes 294,212 shares of unvested restricted stock units. |
| 6 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | M | A | 2,224 | $0.92 | 614,978 | D | — | — | (F2) Includes 294,212 shares of unvested restricted stock units. |
| 7 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | M | A | 27,668 | $0.91 | 603,636 | D | — | — | (F2) Includes 294,212 shares of unvested restricted stock units. |
| 8 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-08-13 | S | D | 4,626 | $18.54 | 612,173 | D | — | — | (F5) Represents shares of Common Stock sold by the Reporting Person in connection with the exercise of 40,831 stock options. (F6) The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $18.475 to $18.540, 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. (F2) Includes 294,212 shares of unvested restricted stock units. |
| 9 | Derivative | Stock Option (right to buy) | 2025-08-13 | M | D | 27,668 | $0.91 | 0 | D | $0.91 · — to 2030-05-05 | 27,668 Common Stock, par value $0.0001 per share ("Common Stock") | (F7) The option has vested and is exercisable as of the date hereof. |
| 10 | Derivative | Stock Option (right to buy) | 2025-08-13 | M | D | 40,831 | $2.10 | 43,750 | D | $2.10 · — to 2034-03-27 | 40,831 Common Stock, par value $0.0001 per share ("Common Stock") | (F8) This option has vested and is exercisable as of the date hereof as to 40,831 shares of Common Stock and the remaining portion of the option vests in monthly installments of 2,083 or 2,084 shares of Common Stock on the 1st of each month through May 1, 2027. |
| 11 | Derivative | Stock Option (right to buy) | 2025-08-13 | M | D | 9,118 | $0.91 | 0 | D | $0.91 · — to 2030-11-17 | 9,118 Common Stock, par value $0.0001 per share ("Common Stock") | (F7) The option has vested and is exercisable as of the date hereof. |
| 12 | Derivative | Stock Option (right to buy) | 2025-08-13 | M | D | 2,224 | $0.92 | 0 | D | $0.92 · — to 2031-08-20 | 2,224 Common Stock, par value $0.0001 per share ("Common Stock") | (F7) The option has vested and is exercisable as of the date hereof. |