John D. DiLullo - 15 Sep 2025 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Role
Director
Signature
/s/Diane Nguyen, Attorney-in-Fact for John D. DiLullo
Issuer symbol
QBTS
Transactions as of
15 Sep 2025
Transactions value $
-$143,432
Form type
4
Filing time
17 Sep 2025, 16:34:35 UTC
Previous filing
16 Jun 2025
Next filing
25 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DiLullo John D Director C/O D-WAVE QUANTUM INC., 2650 E BAYSHORE RD, PALO ALTO /s/Diane Nguyen, Attorney-in-Fact for John D. DiLullo 17 Sep 2025 0001346345

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QBTS Common Stock, par value $0.0001 per share ("Common Stock") Sale -$143K -8K -18.06% $17.93 36.3K 15 Sep 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 8,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2025.
F2 The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $17.30 to $18.55, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
F3 Includes 14,260 shares of unvested restricted stock units.