Form 4: D-Wave Quantum Exec Sells Shares to Cover Taxes

D-Wave Quantum Inc. reports that Executive Vice President Sophie C. Ames sold shares to cover tax obligations related to vested RSUs.

Summary

• Sophie C. Ames, Executive Vice President & CHRO of D-Wave Quantum Inc., disposed of 23,850 shares of Common Stock on May 13, 2026.
• The transaction was a sale at a price of $22.35 per share, totaling $533,107.50.
• These shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units (RSUs).
• Following this transaction, Ames beneficially owns 619,828 shares of Common Stock.
• This ownership includes 543,750 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a routine tax-related event for an executive and does not inherently signal a change in the company's fundamental outlook.

Negatives

• Executive sale of shares, even if for tax purposes, can sometimes be perceived negatively by the market.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to an insider transaction for tax purposes.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving the sale of shares to cover taxes upon vesting of equity awards, are common. The context here is the standard practice for executives managing their compensation packages.

Stakeholder Impact

• Shareholders: The sale is for tax withholding, not necessarily indicative of a belief that the stock price will decline. However, any insider selling can create short-term market perception shifts.
• Employees: This transaction is related to executive compensation and tax management, with no direct impact on other employees.
• Management: Standard procedure for managing equity-based compensation and associated tax liabilities.

Key Dates

Keywords

D-Wave Quantum Inc., QBTS, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Vesting, Executive Compensation