D-Wave (QBTS) Exec. VP Stanley T. Black Withholds 1,535 Shares for Taxes

What Happened
Stanley T. Black, Executive Vice President & CISO of D-Wave Quantum (QBTS), had 1,535 shares of common stock withheld by the company on 2026-09-15 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withheld shares were valued at $16.83 each, totaling about $25,834. This transaction is reported as a disposition for tax payment purposes, not an open-market sale by the insider.

Key Details

• Transaction date and price: 2026-09-15 — 1,535 shares withheld at $16.83/share (total ≈ $25,834).
• Transaction code: F (payment of exercise price or tax liability); reported as disposed/withheld.
• Shares owned after transaction: Not specified in this Form 4 filing.
• Footnotes: F1 — shares withheld by issuer to satisfy tax withholding on RSU vesting; F2 — filing notes the insider has 128,544 unvested RSUs included in holdings.
• Filing timeliness: Report filed 2026-09-16 for a 2026-09-15 transaction (no indication of a late filing).

Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and is commonly reported as a disposition; it does not necessarily reflect the insider selling shares into the market or a change in sentiment. The F-code and footnote clarify this was a tax withholding event rather than an open-market sale.