Biscay Roger 4
Research Summary
AI-generated summary
D-Wave (QBTS) Director Roger Biscay Receives RSU Award
What Happened
Roger Biscay, a director of D-Wave Quantum Inc. (QBTS), received an award of 9,357 restricted stock units (RSUs) on June 4, 2026. The grant was reported at a $0.00 acquisition price (total reported value $0). These RSUs are compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-04; reported on Form 4 filed 2026-06-08 (timely filing).
- Grant: 9,357 RSUs at $0.00 (transaction code A — award/grant).
- Vesting: Per footnote, each RSU equals one share and the RSUs vest on May 31, 2027, subject to continued service.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 = RSUs convert to one share each upon vesting; F2 = the 9,357 RSUs are unvested.
Context
RSU awards are common executive/director compensation and reflect future entitlement to shares if vesting conditions are met; they do not represent an immediate cash outlay or sale. Because these units are unvested until 2027, they cannot be sold now and do not directly indicate a near-term buying or selling signal.