Nguyen Diane 4

What Happened
Diane Nguyen, Executive Vice President, Chief Legal Officer & General Counsel of D-Wave Quantum (QBTS), had 2,459 shares of common stock withheld by the company to satisfy tax withholding related to RSU vesting. The withheld shares were recorded at $22.35 per share for a total value of approximately $54,959. This is a routine tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-05-13; price: $22.35 per share; total value approx. $54,959.
• Transaction type/code: F — shares withheld by issuer to satisfy tax withholding on vested RSUs.
• Shares owned after transaction: not specified in the provided summary; filing footnote notes 206,796 unvested RSUs associated with the insider.
• Footnotes: F1 = shares withheld to satisfy tax withholding on RSU vesting; F2 = includes 206,796 unvested RSUs.
• Filing timeliness: Report filed 2026-05-14 for a 2026-05-13 transaction (timely).

Context
Tax-withholding dispositions are common when restricted stock units vest; the company retains (withholds) a portion of the vested shares to cover tax obligations rather than the insider selling shares on the open market. Such withholding transactions are generally routine and do not necessarily signal a change in the insider’s view of the company.