Form 4: D-Wave Quantum CFO John M. Markovich Reports Acquisition of Restricted Stock Units

D-Wave Quantum's CFO, John M. Markovich, reports the acquisition of restricted stock units and changes in beneficial ownership of common stock.

Summary

• On March 6, 2025, John M. Markovich, the Chief Financial Officer of D-Wave Quantum Inc., reported a transaction involving the acquisition of 430,360 restricted stock units (RSUs).
• These RSUs represent the right to receive one share of Common Stock of the Issuer for each unit.
• The RSUs will vest in equal quarterly installments starting on June 6, 2025, and continuing through March 6, 2029, contingent upon Markovich's continued service to the company.
• Following the reported transaction, Markovich's beneficial ownership includes 1,494,916 shares, which includes 911,610 shares of unvested restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The acquisition of restricted stock units by the CFO aligns his interests with those of the shareholders, incentivizing him to work towards the long-term success of the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of restricted stock units by the CFO could positively impact shareholders by aligning management's interests with the company's long-term success.

Key Dates