Form 4: D-Wave Quantum Executive Adjusts Holdings

D-Wave Quantum Inc. reports a change in beneficial ownership for EVP, Chief Legal Officer & GC, Diane Nguyen, involving stock withholding for tax purposes.

Summary

• Diane Nguyen, EVP, Chief Legal Officer & General Counsel of D-Wave Quantum Inc., reported a transaction on May 13, 2026.
• This transaction involved the withholding of 2,459 shares of Common Stock by the Issuer to cover tax obligations related to the vesting of restricted stock units (RSUs).
• Following this transaction, Nguyen beneficially owns 557,149 shares of Common Stock.
• This ownership includes 206,796 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction related to executive compensation and tax obligations, rather than a strategic business development.

Positives

• Diane Nguyen continues to hold a significant number of D-Wave Quantum Inc. shares, indicating continued commitment.
• The withholding of shares for tax purposes is a standard procedure upon RSU vesting, suggesting normal operational activity.

Negatives

• The withholding of shares reduces the immediate number of shares available to the reporting person.

Risks

• The filing does not explicitly mention any new risks. However, the general risks associated with RSU vesting and tax obligations could be considered.
• The value of the withheld shares is subject to market fluctuations of D-Wave Quantum Inc.'s stock price.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and do not typically provide strategic insights. This filing indicates standard executive compensation and tax management practices within the technology sector.

Stakeholder Impact

• Shareholders: No immediate impact expected, as this is a standard RSU vesting and tax event. The number of shares outstanding remains unchanged.
• Employees: This filing is specific to an executive and does not directly impact other employees.
• Management: Diane Nguyen's personal net holdings are adjusted due to tax obligations.

Next Steps

• Continued monitoring of D-Wave Quantum Inc.'s stock performance and future insider transactions.

Key Dates

Keywords

D-Wave Quantum Inc., QBTS, Form 4, Beneficial Ownership, Stock Transaction, RSU Vesting, Tax Withholding, Executive Holdings