Form 4: D-Wave Quantum Executive Reports Tax Withholding Sale
Statement of Changes in Beneficial Ownership
Executive Vice President and CHRO Sophie C. Ames reported the withholding of 1,544 shares of D-Wave Quantum common stock to satisfy tax obligations.
Summary
- Sophie C. Ames, Executive Vice President and CHRO of D-Wave Quantum Inc., executed a transaction on June 15, 2026.
- The transaction involved the withholding of 1,544 shares of common stock by the issuer.
- The shares were withheld at a price of $23.37 per share to satisfy tax withholding requirements related to the vesting of restricted stock units (RSUs).
- Following this transaction, the reporting person maintains beneficial ownership of 595,259 shares, which includes 589,269 unvested RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax transaction by an executive.
Positives
- The transaction was a routine administrative action related to tax obligations upon RSU vesting rather than a discretionary market sale.
Negatives
- The transaction resulted in a reduction of the executive's direct shareholding.
Risks
- The reporting person holds a significant portion of their total beneficial ownership (589,269 out of 595,259 shares) in the form of unvested RSUs, which are subject to future performance or service conditions.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure for executive equity compensation and does not reflect a change in the company's strategic direction or market sentiment.
Comparison to Industry Standards
- The practice of withholding shares to cover tax liabilities upon RSU vesting is a standard corporate governance procedure across the technology and quantum computing sectors.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax-related equity adjustment.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Date of the transaction involving the withholding of shares. |
| 06/16/2026 | Date of the filing signature. |
Keywords
D-Wave Quantum, QBTS, Form 4, Insider Trading, Tax Withholding, Executive Compensation
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