BARATZ ALAN E 4
4 · D-Wave Quantum Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
D-Wave (QBTS) CEO Alan Baratz Receives RSU Award
What Happened
Alan E. Baratz, President, CEO and a director of D‑Wave Quantum Inc. (QBTS), received a grant of 753,941 restricted stock units (RSUs) on April 30, 2026. Each RSU represents the right to one share of common stock; the grant price is reported as $0.00 (total reported value $0). This was an award/grant (not a cash purchase or sale).
Key Details
- Transaction date and price: April 30, 2026; 753,941 RSUs granted at $0.00 per RSU.
- Vesting: RSUs vest in equal quarterly installments from April 30, 2026 through January 1, 2030, subject to continued service.
- Vested portion: 47,122 RSUs from the April grant have already vested; the underlying shares have not yet been delivered.
- Outstanding unvested RSUs: Filing notes "Includes 1,270,220 unvested RSUs" (this figure includes the April 30, 2026 grant).
- Filing timeliness: Form 4 filed May 4, 2026 reporting the April 30 transaction; this appears to be within the typical two-business-day reporting window.
Context
RSU grants are compensation and do not represent an open‑market purchase or sale; they generally reflect company compensation decisions rather than immediate insider buying/selling sentiment. Vested RSUs may convert to shares subject to any settlement timing and tax withholding, which can affect when shares actually appear in the insider's account.
Insider Transaction Report
- Award
Common Stock, par value $0.0001 per share ("Common Stock")
[F1][F2]2026-04-30+753,941→ 3,318,313 total
Footnotes (2)
- [F1]Represents 753,941 restricted stock units ("RSUs") granted on April 30, 2026 (the "April RSU Grant"), each RSU representing the right to receive one share of Common Stock of the Issuer, that vest in equal quarterly installments from April 30, 2026 through January 1, 2030, subject to the Reporting Person's continued service to the Issuer.
- [F2]Includes 1,270,220 unvested RSUs. As of the date hereof, 47,122 RSUs from the April RSU Grant have vested; the shares of Common Stock issuable in respect thereof have not yet been delivered.