Form 4: D-Wave Quantum Inc. CEO Alan Baratz Reports Stock Transaction
SEC Form 4 Filing
Alan Baratz, CEO of D-Wave Quantum Inc., reports the disposal of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2025, Alan Baratz, the President & CEO and a director of D-Wave Quantum Inc., reported a transaction involving the company's common stock.
- A total of 36,890 shares were disposed of at a price of $6.42 per share to satisfy tax withholding requirements related to the vesting of restricted stock units.
- Following the transaction, Baratz beneficially owns 2,305,318 shares of D-Wave Quantum Inc., which includes 750,000 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a relatively small number of shares being disposed of by the CEO.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of stock transaction (disposal of shares). |
| 04/24/2025 | Date of signature on the Form 4 filing. |
Keywords
D-Wave Quantum Inc., Alan Baratz, stock transaction, Form 4, beneficial ownership, restricted stock units, tax withholding, QBTS
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