QBTS.NYSED-wave Quantum INC

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

Sentiment:

SEC Form 4 Filing

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Director Rohit Ghai of D-Wave Quantum Inc. reports the acquisition of 87,035 restricted stock units (RSUs) on November 1, 2024, which will vest on May 31, 2025, subject to continued service.

Summary

  • Rohit Ghai, a director of D-Wave Quantum Inc., filed a Form 4 with the SEC on November 5, 2024.
  • The filing reports a transaction that occurred on November 1, 2024, where Ghai acquired 87,035 restricted stock units (RSUs).
  • Each RSU represents the right to receive one share of D-Wave Quantum Inc. common stock.
  • The RSUs will vest on May 31, 2025, contingent upon Ghai's continued service to the company.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock options, indicating a neutral sentiment.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to executive compensation and equity awards, common in publicly traded companies. It reflects part of the company's strategy to incentivize and retain key personnel.

Stakeholder Impact

  • The granting of RSUs to a director may have a minor positive impact on shareholder sentiment, aligning the director's interests with those of the shareholders.

Key Dates

DateDescription
11/01/2024Date of transaction: Rohit Ghai acquired 87,035 restricted stock units.
11/05/2024Date of Form 4 filing with the SEC.
05/31/2025Vesting date for the 87,035 restricted stock units, subject to continued service.

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