Markovich John M. 4
4 · D-Wave Quantum Inc. · Filed Jul 15, 2026
Research Summary
AI-generated summary of this filing
D-Wave (QBTS) CFO John Markovich Withholds 8,607 Shares for Taxes
What Happened
John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc. (QBTS), had 8,607 shares of common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded at $18.66 per share for a total value of $160,607 on July 14, 2026. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: July 14, 2026 — 8,607 shares withheld at $18.66/share.
- Total value: $160,607 (amount of shares withheld to cover tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting; F2 — filing notes 398,997 unvested RSUs are included in reported holdings.
- Filing/timeliness: Report filed July 15, 2026 (covers period ending July 14, 2026); appears timely.
Context
This was a routine cashless settlement/tax-withholding event when RSUs vested — the company retained shares to pay withholding taxes rather than the insider selling shares on the open market. Such transactions are common following RSU vesting and do not, by themselves, indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.0001 per share ("Common Stock")
[F1][F2]2026-07-14$18.66/sh−8,607$160,607→ 1,123,629 total
Footnotes (2)
- [F1]Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units ("RSUs").
- [F2]Includes 398,997 unvested RSUs.