Form 4: Director Sharon Holt Receives D-Wave Quantum RSU Grant

D-Wave Quantum Inc. director Sharon E. Holt was granted 9,357 restricted stock units as part of her compensation package.

Summary

• Director Sharon E. Holt acquired 9,357 restricted stock units (RSUs) of D-Wave Quantum Inc. (QBTS) common stock.
• The transaction occurred on June 4, 2026.
• The RSUs represent the right to receive one share of common stock each upon vesting.
• The units are scheduled to vest on May 31, 2027, contingent upon continued service to the company.
• Following this transaction, the director's total beneficial ownership is 84,696 shares, which includes the 9,357 unvested RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on the company's financial outlook.

Positives

• Director compensation via equity aligns the interests of the board member with those of shareholders.

Negatives

• The issuance of RSUs results in potential future dilution for existing shareholders upon vesting.

Risks

• Vesting is subject to the reporting person's continued service to the issuer.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing solely on the disclosure of director equity compensation.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard practice in the technology and quantum computing sectors to ensure long-term commitment from leadership.

Comparison to Industry Standards

• The use of RSUs for director compensation is consistent with standard corporate governance practices for publicly traded technology companies.
• The vesting period of approximately one year is standard for annual director equity grants.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual vesting and conversion of these RSUs into common stock.

Next Steps

• Vesting of the 9,357 RSUs on May 31, 2027.

Key Dates

Keywords

D-Wave Quantum, QBTS, Form 4, Insider Trading, Director Compensation, Restricted Stock Units