Form 4: D-Wave Quantum Inc. Director Acquires 87,035 Restricted Stock Units

John D. DiLullo, a director of D-Wave Quantum Inc., acquired 87,035 restricted stock units on November 1, 2024, which will vest on May 31, 2025, subject to continued service.

Summary

• On November 1, 2024, John D. DiLullo, a director of D-Wave Quantum Inc., acquired 87,035 restricted stock units.
• Each restricted stock unit represents the right to receive one share of D-Wave Quantum Inc. common stock.
• The restricted stock units will vest on May 31, 2025, contingent upon DiLullo's continued service to the company.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction. The acquisition of stock units can be seen as a positive sign, but it's also part of standard compensation practices.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future.

Future Outlook

The vesting of the restricted stock units is contingent upon the reporting person's continued service to the Issuer.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder sentiment.

Key Dates