Alan E. Baratz - 08 Jun 2026 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Reporting relationship: President & CEO, Director
Issuer ticker: QBTS
Reported as of: 08 Jun 2026
Net transaction value: -$17,967,694
SEC form: 4
Accepted by SEC: 10 Jun 2026, 16:07:39 UTC
Prior SEC filing: 14 May 2026
Next SEC filing: 15 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Alan Baratz

Key filing fact

Alan E. Baratz filed Form 4 for D-Wave Quantum Inc. (QBTS) on 10 Jun 2026.

Key facts

This page summarizes Alan E. Baratz's Form 4 filing for D-Wave Quantum Inc. (QBTS).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 10 Jun 2026, 16:07.

Change

Previous filing in this sequence was filed on 14 May 2026.
Current net transaction value: -$17,967,694.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001098231 Primary reporting owner

BARATZ ALAN E

Relationship: President & CEO, Director
Address: 2650 EAST BAYSHORE ROAD, PALO ALTO
Signature: /s/ Alan Baratz
Signature date: 10 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

QBTS transaction

Common Stock, par value $0.0001 per share ("Common Stock")

Options Exercise

Transaction value
Shares: +474,395
Change %: +14%
Price: $0.9100^*
Shares after: 3,774,166
Date: 08 Jun 2026
Ownership: Direct
Footnotes: F1

QBTS transaction

Common Stock, par value $0.0001 per share ("Common Stock")

Options Exercise

Transaction value
Shares: +213,232
Change %: +5.6%
Price: $0.8460^*
Shares after: 3,987,398
Date: 08 Jun 2026
Ownership: Direct
Footnotes: F1

QBTS transaction

Common Stock, par value $0.0001 per share ("Common Stock")

Sale

Transaction value: $17,967,694
Shares: -687,627
Change %: -17%
Price: $26.13
Shares after: 3,299,771
Date: 08 Jun 2026
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QBTS transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -474,395
Change %: -100%
Price: $0.9100^*
Shares after: 0
Date: 08 Jun 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share ("Common Stock")
Underlying amount: 474,395
Exercise price: $0.9100
Footnotes: F4

QBTS transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value
Shares: -213,232
Change %: -100%
Price: $0.8460^*
Shares after: 0
Date: 08 Jun 2026
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share ("Common Stock")
Underlying amount: 213,232
Exercise price: $0.8460
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes 1,270,221 shares of unvested restricted stock units.

Footnote F2

The sales reported in this Form 4 were effected for financial and tax planning purposes.

Footnote F3

The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.53, 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.

Footnote F4

The option has vested and is exercisable as of the date hereof.