Ghai Rohit 4

What Happened

• Rohit Ghai, a director of D-Wave Quantum Inc. (QBTS), was awarded 9,357 restricted stock units (RSUs) on 2026-06-04. The filing reports an acquisition price of $0.00 (typical for RSU grants); no immediate cash changed hands. These RSUs are unvested and each represents the right to receive one share of D-Wave common stock upon vesting on May 31, 2027, subject to Ghai’s continued service.

Key Details

• Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-05).
• Transaction type/code: Award/Grant (A).
• Shares involved: 9,357 unvested RSUs (each converts to one share upon vesting).
• Reported acquisition price/value: $0.00 (no immediate cash value reported in the filing).
• Footnotes: F1 — RSUs vest 05/31/2027 subject to continued service; F2 — confirms the 9,357 RSUs are unvested.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filed the next day (appears timely under Form 4 rules).

Context

• RSUs are compensation grants, not open-market purchases or sales; they don’t represent an immediate change in market exposure because they are unvested and non-transferable until vesting.
• Such awards are routine for executives and directors as part of long-term compensation plans and should not be interpreted on their own as a bullish or bearish signal.