Form 4: D-Wave Quantum Director Receives RSU Grant

Director John D. DiLullo was granted 9,357 restricted stock units as part of his compensation package with D-Wave Quantum Inc.

Summary

• Director John D. DiLullo acquired 9,357 restricted stock units (RSUs) on June 4, 2026.
• Each RSU represents the right to receive one share of Common Stock.
• The RSUs are scheduled to vest on May 31, 2027, contingent upon continued service.
• Following this transaction, the reporting person holds a total of 29,160 shares of Common Stock, including the 9,357 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified; this is a standard equity grant for a director.

Risks

• Vesting is subject to the reporting person's continued service to the issuer.

Future Outlook

The RSUs are expected to vest on May 31, 2027, provided the director remains in service to the company.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the technology and quantum computing sectors to ensure leadership retention and alignment with company performance.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded technology companies.
• The vesting period of approximately one year is typical for annual director equity awards.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 9,357 RSUs on May 31, 2027.

Key Dates

Keywords

D-Wave Quantum, QBTS, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation