Form 4: D-Wave Director Cappellanti-Wolf Acquires Restricted Stock Units

Amy L. Cappellanti-Wolf, a director of D-Wave Quantum Inc., acquired 106,626 restricted stock units on June 6, 2024.

Summary

• Amy L. Cappellanti-Wolf, a director at D-Wave Quantum Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on June 6, 2024, where she acquired 106,626 restricted stock units (RSUs).
• Each RSU represents the right to receive one share of D-Wave Quantum Inc.'s common stock.
• These RSUs will vest on May 31, 2025, contingent upon her continued service to the company.
• Following the reported transaction, Cappellanti-Wolf beneficially owns 218,822 shares of common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of restricted stock units. It doesn't inherently indicate positive or negative performance, but rather a routine part of executive compensation.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future.

Future Outlook

The vesting of the restricted stock units is contingent upon the reporting person's continued service to the Issuer.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence, as it indicates a director's continued commitment to the company.

Key Dates