D-Wave (QBTS) CEO Alan Baratz Sells 52,320 Shares

What Happened Alan E. Baratz, President & CEO and a director of D-Wave Quantum (QBTS), had 52,320 shares of common stock disposed on July 14, 2026, at $18.66 per share for a total value of $976,291. This disposition was a tax-withholding event tied to the vesting of restricted stock units (RSUs), not an open-market sale.

Key Details

• Transaction date and price: July 14, 2026 — 52,320 shares at $18.66 each (total $976,291).
• Transaction type/code: F — shares withheld by the issuer to satisfy tax withholding on RSU vesting (cashless withholding).
• Shares owned after transaction: Not specified in the filing excerpt.
• Filing date/timeliness: Form 4 filed July 15, 2026 (timely — one day after the reported transaction).
• Footnotes: F1 — shares withheld to satisfy tax withholding for RSU vesting; F2 — filing notes 1,137,257 unvested RSUs.

Context Tax-withholding dispositions on RSU vesting are routine administrative actions and differ from discretionary open-market sales; they usually do not signal a change in an insider’s view of the company. The filing indicates a portion of RSUs vested and shares were withheld to meet tax obligations.