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

What Happened
Diane Nguyen, Executive Vice President, Chief Legal Officer and General Counsel of D-Wave Quantum (QBTS), had 3,191 shares of common stock withheld by the company to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $16.83 each for a total of $53,705 on September 15, 2026. This was a withholding for taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-15 at $16.83 per share. Total value: $53,705.
• Transaction type: F — shares withheld by issuer to satisfy tax withholding on RSU vesting.
• Holdings noted in the filing (footnote F2): includes 169,962 unvested RSUs and 643 shares purchased under the Employee Stock Purchase Plan (ESPP) for the Dec 1, 2025–May 29, 2026 purchase period. The 643 ESPP shares were purchased at 85% of the Dec 1, 2025 closing price.
• Filing timing: Form 4 was filed on 2026-09-16 reporting the 2026-09-15 transaction (filed promptly; not marked late).

Context
Withholding shares to cover taxes is a routine administrative step when RSUs vest and does not necessarily signal the insider's view on the company's stock. This was a cashless tax-withholding action rather than an active sale or open-market transaction.