DiLullo John D 4

What Happened
John D. DiLullo, a director of D-Wave Quantum Inc. (QBTS), disposed of 7,850 shares of common stock on June 5, 2026. The shares sold at a weighted average price of $24.43 for total proceeds of approximately $191,809. The sale consisted of multiple transactions with execution prices ranging from $23.33 to $26.28 and was carried out under a previously adopted Rule 10b5-1 trading plan.

Key Details

• Transaction date: June 5, 2026 (reported on Form 4 filed June 8, 2026).
• Transaction type: Sale (S). Weighted average sale price: $24.43; price range: $23.33–$26.28.
• Total shares sold: 7,850; approximate proceeds: $191,809.
• 10b5-1 plan: Sale executed automatically pursuant to a plan adopted June 15, 2025 (footnote F1).
• Footnote: Per-footnote, the reported price is a weighted average for multiple trades; per-trade breakdown is available on request (F2).
• Holdings after transaction: Not specified in the excerpt; filing notes include 9,357 unvested restricted stock units (F3).
• Timeliness: Form 4 was filed June 8, 2026—within the standard two business-day window following the transaction.

Context
This was a scheduled sale under a 10b5-1 plan, which typically indicates pre-planned disposals rather than a discretionary trade tied to nonpublic information. Sales are generally less informative about insider sentiment than purchases; the filing shows no indication of an option exercise, gift, or change in control-related transaction.