Form 4: D-Wave Quantum Inc. General Counsel Diane Nguyen Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Diane Nguyen, General Counsel of D-Wave Quantum Inc., reports the acquisition of restricted stock units and an update to her beneficial ownership of company stock.

Summary

  • On March 6, 2025, Diane Nguyen, General Counsel of D-Wave Quantum Inc., acquired 101,721 restricted stock units (RSUs).
  • These RSUs represent the right to receive one share of Common Stock of the Issuer each.
  • The RSUs will vest in equal quarterly installments beginning on June 6, 2025, and continuing through March 6, 2029, contingent upon Nguyen's continued service to the company.
  • Following this transaction, Nguyen's total beneficial ownership includes 547,092 shares, which includes 332,642 shares of unvested restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard executive compensation practice, indicating confidence in the company's future by granting equity to its General Counsel.

Positives

  • The acquisition of restricted stock units by a key executive aligns her interests with the long-term success of the company.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies. It provides transparency regarding the alignment of management's interests with shareholders.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders by aligning the interests of the General Counsel with the company's long-term performance.

Key Dates

DateDescription
03/06/2025Date of transaction: Acquisition of restricted stock units.
03/06/2025Date of earliest transaction.
03/10/2025Date of signature.
06/06/2025First vesting date for the acquired restricted stock units.
03/06/2029Final vesting date for the acquired restricted stock units.

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