Nguyen Diane 4
Research Summary
AI-generated summary
D-Wave (QBTS) EVP Diane Nguyen Withholds 4,066 Shares for Taxes
What Happened
Diane Nguyen, Executive Vice President and Chief Legal Officer & General Counsel of D-Wave Quantum Inc. (QBTS), had 4,066 shares of common stock withheld on April 13, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock units. The withholding was at a per-share value of $14.25, totaling approximately $57,941. This is a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-04-13; Form 4 filed: 2026-04-15.
- Shares withheld/disposed: 4,066 at $14.25 per share; total value ≈ $57,941.
- Transaction code: F (shares withheld to satisfy tax withholding on RSU vesting).
- Footnote F1: Shares were withheld by the issuer to satisfy tax withholding requirements.
- Footnote F2: The filing notes 213,046 shares are unvested restricted stock units (RSUs).
- Filing appears to have been reported promptly (transaction reported on the Form 4 filed two days later).
Context
This was a cashless tax-withholding action tied to RSU vesting—not an intentional open-market sale or purchase. Such withholdings are common when equity awards vest and do not by themselves indicate insider buying or selling sentiment.