Markovich John M. 4

What Happened

John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc. (QBTS), sold 2,908 shares on June 2, 2026 at $31.00 per share, generating proceeds of approximately $90,148. The filing reports the transaction as a sale (code S), described as an open market or private sale. Sales are commonly routine insider transactions and do not by themselves indicate company performance.

Key Details

• Transaction date and price: June 2, 2026 — 2,908 shares sold at $31.00 each.
• Total value: Approximately $90,148.
• Shares owned after transaction: Not specified in the supplied filing details; the Form 4 footnote notes 447,770 shares are unvested restricted stock units included in beneficial ownership.
• Footnotes: F1 — includes 447,770 shares of unvested restricted stock units (RSUs).
• Filing timeliness: Form 4 was filed on June 4, 2026 for a June 2 transaction (filed within the typical 2-business-day reporting window), so appears timely.
• Transaction code: S = Sale (open market/private sale).

Context

This was a straight sale by the CFO rather than a purchase, option exercise, or award. Unvested RSUs referenced in the footnote are not yet vested and typically remain subject to company vesting terms; they are included in reported beneficial ownership but are not freely transferable until vested. As with all insider sales, the transaction is factual disclosure and should not be taken alone as a signal of management’s view on future company performance.