AMES SOPHIE C 4

What Happened

• Sophie C. Ames, Executive Vice President & CHRO of D-Wave Quantum Inc. (QBTS), sold 3,070 shares of common stock in open-market transactions on April 20, 2026.
• The weighted average sale price was $21.35 per share, generating proceeds of approximately $65,548. Reported sale prices ranged from $20.62 to $21.875 across multiple trades.

Key Details

• Transaction date: April 20, 2026; Form 4 filed April 21, 2026 (timely — within the typical two-business-day window).
• Type: Sale (S) — open market; executed automatically under a Rule 10b5-1 trading plan. (Plan adopted June 13, 2025; modified September 12, 2025.)
• Price details: Weighted avg $21.35; individual trade prices $20.62–$21.875. SEC, issuer, or shareholders can request the per-trade breakdown (footnote F2).
• Shares sold: 3,070; proceeds ≈ $65,548.
• Shares owned after transaction: Not specified in the provided filing summary. The filing notes inclusion of 639,179 unvested restricted stock units (RSUs) in reported holdings (footnote F3).
• Footnotes: F1 = sale executed pursuant to a 10b5-1 plan; F2 = weighted-average price and price range; F3 = includes 639,179 unvested RSUs.

Context

• The sale was made under a pre-established Rule 10b5-1 plan, meaning trades were set up in advance and executed automatically; such sales are commonly routine and do not necessarily reflect the insider's current view of the company.
• The proceeds (~$65.5K) are modest relative to the large number of RSUs noted in the filing, suggesting this was a small, planned disposition rather than a material change in ownership.