Form 4: D-Wave Quantum General Counsel Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
D-Wave Quantum Inc.'s General Counsel, Diane Nguyen, reported the disposition of 4,066 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- Diane Nguyen, General Counsel of D-Wave Quantum Inc. (QBTS), reported a transaction involving the company's common stock.
- On July 21, 2025, 4,066 shares of Common Stock were disposed of at a price of $18.89 per share.
- The disposition was a non-discretionary transaction to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
- Following this transaction, Diane Nguyen beneficially owns 587,963 shares of Common Stock, which includes 284,364 shares of unvested restricted stock units.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax withholding purposes, which is neutral in terms of company performance or insider sentiment.
Positives
- The transaction indicates the vesting of restricted stock units, representing earned compensation for the General Counsel.
Negatives
- The disposition of shares was a non-discretionary event for tax withholding purposes and does not signal a negative outlook from the insider.
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction related to executive compensation and does not provide broader industry context or trends.
Stakeholder Impact
- Minimal impact on shareholders as this represents a routine tax withholding related to executive compensation, not a discretionary sale.
Key Dates
| Date | Description |
|---|---|
| 07/21/2025 | Date of the reported transaction (disposition of shares). |
| 07/22/2025 | Date the Form 4 was signed by the reporting person. |
Recommendation
holdThe filing details a routine, non-discretionary disposition of shares by an insider to cover tax obligations related to restricted stock unit vesting. This type of transaction does not reflect a change in management's view of the company's prospects and therefore does not warrant a change in investment recommendation.
Keywords
D-Wave Quantum, QBTS, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU, Tax Withholding, Diane Nguyen, Corporate Governance
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