Form 4 for QBTS D-Wave Quantum Inc.
Accepted 2026-06-10 16:07:39 ET · period of report 2026-06-08 · accession 0001907982-26-000088 · 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 | 2026-06-10 16:07 | 2026-06-08 | QBTS | BARATZ ALAN E | Pres, CEO, Dir | M - OptEx | $0.8902 | +687.6K | 3.99M | +21% | +$612.1K |
| D | 2026-06-10 16:07 | 2026-06-08 | QBTS | BARATZ ALAN E | Pres, CEO, Dir | S - Sale+OE | $26.13 | -687.6K | 3.30M | -17% | -$17.97M |
| DM | 2026-06-10 16:07 | 2026-06-08 | QBTS | BARATZ ALAN E | Pres, CEO, Dir | M - OptEx | $0.8902 | -687.6K | 0 | -100% | -$612.1K |
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") | 2026-06-08 | M | A | 474,395 | $0.91 | 3,774,166 | D | — | — | (F1) Includes 1,270,221 shares of unvested restricted stock units. |
| 2 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2026-06-08 | M | A | 213,232 | $0.846 | 3,987,398 | D | — | — | (F1) Includes 1,270,221 shares of unvested restricted stock units. |
| 3 | Common | Common Stock, par value $0.0001 per share ("Common Stock") | 2026-06-08 | S | D | 687,627 | $26.13 | 3,299,771 | D | — | — | (F2) The sales reported in this Form 4 were effected for financial and tax planning purposes. (F3) 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 $26.00 to $26.53, 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 1,270,221 shares of unvested restricted stock units. |
| 4 | Derivative | Stock Option (right to buy) | 2026-06-08 | M | D | 474,395 | $0.91 | 0 | D | $0.91 · — to 2030-05-05 | 474,395 Common Stock, par value $0.0001 per share ("Common Stock") | (F4) The option has vested and is exercisable as of the date hereof. |
| 5 | Derivative | Stock Option (right to buy) | 2026-06-08 | M | D | 213,232 | $0.846 | 0 | D | $0.846 · — to 2034-01-10 | 213,232 Common Stock, par value $0.0001 per share ("Common Stock") | (F4) The option has vested and is exercisable as of the date hereof. |