Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2025-09-12 00:00:00 ET · period of report 2025-09-10 · accession 0001907982-25-000200 · 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 | 2025-09-12 | 2025-09-10+ | QBTS | Markovich John M. | CFO | S - Sale+OE | $16.70 | -150.0K | 1.60M | -9% | -$2.50M |
| DM | 2025-09-12 | 2025-09-11+ | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | +150.0K | 1.65M | +10% | +$138.0K |
| DM | 2025-09-12 | 2025-09-11+ | QBTS | Markovich John M. | CFO | M - OptEx | $0.92 | -150.0K | 707.9K | -17% | -$138.0K |
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") | 2025-09-11 | S | D | 50,000 | $16.30 | 1,599,511 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-09-11 | M | A | 100,000 | $0.92 | 1,649,511 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-09-10 | S | D | 50,000 | $16.30 | 1,549,511 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 4 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-09-12 | S | D | 50,000 | $17.50 | 1,599,511 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 5 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2025-09-12 | M | A | 50,000 | $0.92 | 1,649,511 | D | — | — | (F1) Includes 812,837 shares of unvested restricted stock units. |
| 6 | Derivative | Stock Option (right to buy) | 2025-09-11 | M | D | 100,000 | $0.92 | 757,926 | D | $0.92 · — to 2031-08-20 | 100,000 Common Stock, par value $0.0001 per share ("Common Stock") | (F2) The option has fully vested and is exercisable as of the date hereof as to 857,926 shares of Common Stock. |
| 7 | Derivative | Stock Option (right to buy) | 2025-09-12 | M | D | 50,000 | $0.92 | 707,926 | D | $0.92 · — to 2031-08-20 | 50,000 Common Stock, par value $0.0001 per share ("Common Stock") | (F3) The option has fully vested and is exercisable as of the date hereof as to 757,926 shares of Common Stock. |