Form 4: D-Wave Quantum CFO Disposes of Shares for Tax Withholding

D-Wave Quantum Inc.'s Chief Financial Officer, John M. Markovich, disposed of 10,584 shares of common stock valued at $15.71 per share to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc. (QBTS), reported a transaction on June 20, 2025.
• The transaction involved the disposition of 10,584 shares of Common Stock, par value $0.0001 per share.
• The shares were disposed of at a price of $15.71 per share.
• This disposition was made to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
• Following this transaction, Mr. Markovich beneficially owns 1,567,360 shares of Common Stock.
• The beneficially owned shares include 834,712 shares of unvested restricted stock units.

Sentiment

Score: 5

Explanation: The transaction is a routine tax-related disposition of shares upon RSU vesting, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or outlook.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a disposition of shares to cover tax obligations upon RSU vesting. It does not provide broader insights into D-Wave Quantum's industry position or trends in the quantum computing sector.

Stakeholder Impact

• Shareholders: This is a routine insider transaction for tax purposes and is unlikely to have a significant direct impact on the share price or shareholder value. It provides transparency regarding insider holdings.

Key Dates

Keywords

D-Wave Quantum, QBTS, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, restricted stock units, CFO, John M. Markovich