Form 4: D-Wave Director Kirstjen Nielsen Acquires Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Kirstjen Nielsen acquired 106,626 restricted stock units in D-Wave Quantum Inc.

Summary

  • Kirstjen Nielsen, a director of D-Wave Quantum Inc., reported a transaction on June 6, 2024.
  • Nielsen acquired 106,626 restricted stock units (RSUs) of D-Wave Quantum Inc.
  • These RSUs represent the right to receive one share of Common Stock each.
  • The RSUs will vest on May 31, 2025, contingent upon Nielsen's continued service to the Issuer.
  • Following the transaction, Nielsen directly owns 177,057 shares of Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units being granted, which is neither particularly positive nor negative.

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 of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment as it indicates confidence from a company director.

Key Dates

DateDescription
06/06/2024Date of transaction: Kirstjen Nielsen acquired restricted stock units.
06/07/2024Date of signature on the Form 4 filing.
05/31/2025Vesting date for the restricted stock units.

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