AMES SOPHIE C 4

What Happened

Sophie C. Ames, Executive Vice President and Chief Human Resources Officer of D-Wave Quantum Inc. (QBTS), sold 23,025 shares of common stock in an open-market transaction on May 20, 2026. The weighted average sale price was $18.98 per share, generating proceeds of approximately $436,934. This was a sale (not a purchase) and therefore is generally treated as a routine disposition rather than a bullish insider signal.

Key Details

• Transaction date: May 20, 2026. Weighted average price: $18.98; aggregate proceeds: ~$436,934.
• Sales occurred in multiple transactions at prices ranging from $18.35 to $19.40 (per filing; detailed per-price breakdown available on request to the SEC or issuer).
• The sale was made automatically under a pre-established Rule 10b5-1 trading plan adopted June 13, 2025 and modified September 12, 2025.
• The filing notes 543,750 unvested restricted stock units are included in the reported beneficial ownership. The filing does not list a specific post-transaction total share count in the information you provided.
• Filing timeliness: Reported on May 21, 2026 for a May 20, 2026 transaction (not indicated as late).

Context

Ames’s sale was executed under a Rule 10b5-1 plan, which typically schedules automatic trades and is intended to avoid trading based on material nonpublic information. Sales under such plans are common and do not necessarily reflect the insider’s view of the company’s near-term prospects. For retail investors, purchases usually carry more informational weight than routine, plan-driven sales.