Form 4: D-Wave Quantum CFO John M. Markovich Reports Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of D-Wave Quantum Inc., John M. Markovich, reports disposing of 3,044 shares of common stock to cover tax obligations.
Summary
- On October 21, 2024, John M. Markovich, the Chief Financial Officer of D-Wave Quantum Inc., reported a transaction involving the disposal of 3,044 shares of common stock.
- The transaction was executed at a price of $1.17 per share.
- Following the transaction, Markovich directly owns 1,156,217 shares of D-Wave Quantum Inc.
- This includes 712,500 shares of unvested restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction. The disposal of shares is likely for tax purposes and doesn't necessarily indicate a negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of transaction: John M. Markovich disposed of 3,044 shares of common stock. |
| 10/23/2024 | Date of signature on the Form 4 filing. |
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