D‑Wave (QBTS) Director John DiLullo Sells 1,100 Shares

What Happened
John D. DiLullo, a director of D‑Wave Quantum Inc. (QBTS), sold 1,100 shares of common stock on September 8, 2026. The reported weighted-average sale price was $18.00 per share for a total reported proceeds of $19,801. This was a sale (not a purchase); because it was executed under a prearranged plan, it is generally considered routine rather than a direct real-time signal of insider sentiment.

Key Details

• Transaction date: 2026-09-08; Form 4 filed 2026-09-09.
• Reported amount: 1,100 shares sold; reported weighted-average price $18.00; prices in the trades ranged from $17.49 to $18.46 (see footnote).
• Reported proceeds: $19,801 (per filing).
• Shares owned after transaction: the filing does not state total beneficial ownership after this sale; it does note 9,357 unvested restricted stock units.
• Notable footnotes:
  • The sale was executed automatically under a Rule 10b5-1 trading plan adopted June 15, 2025.
  • The $18.00 figure is a weighted average; individual trades were between $17.49 and $18.46.
  • Filer holds 9,357 unvested RSUs (per filing).
• Filing timeliness: no late filing flag indicated in the provided info.

Context
Sales made under Rule 10b5-1 plans are prearranged and commonly used by insiders to systematically sell shares; they are less informative about an insider’s immediate view of the company than ad-hoc trades. This report documents a routine director sale of modest size (≈$19.8K).