D-Wave (QBTS) EVP Diane Nguyen Withholds 3,191 Shares

What Happened

• Diane Nguyen, Executive Vice President, Chief Legal Officer & General Counsel of D-Wave Quantum (QBTS), had 3,191 shares of common stock withheld by the company to satisfy tax withholding related to RSU vesting. The withholding occurred on 2026-06-15 at a reported price of $23.37 per share, totaling roughly $74,574. This was a tax-withholding disposal (transaction code F), not an open-market sale or a purchase.

Key Details

• Transaction date and price: 2026-06-15, 3,191 shares @ $23.37 each.
• Total value disposed: approximately $74,574.
• Shares owned after transaction: filing notes included unvested RSUs of 198,684 (per footnote); the filing’s reported beneficial ownership beyond that was not provided here.
• Footnotes: F1 = shares withheld by issuer to satisfy tax withholding on RSU vesting; F2 = includes 198,684 unvested RSUs.
• Filing timeliness: Form filed 2026-06-16 for a 2026-06-15 transaction — appears timely (within the Form 4 reporting window).

Context

• This was a routine tax-withholding (cashless) action tied to RSU vesting rather than an intentional market sale or purchase. Such withholdings are common and generally reflect tax obligations on vested awards rather than a signal of insider sentiment.