D-Wave (QBTS) Exec VP & CHRO Sophie Ames Withholds 23,850 Shares

What Happened

• Sophie C. Ames, Executive Vice President & Chief Human Resources Officer of D-Wave Quantum Inc. (QBTS), had 23,850 shares of common stock withheld on August 17, 2026 to satisfy tax withholding in connection with the vesting of restricted stock units (RSUs). The shares were valued at $21.17 each, totaling approximately $504,905. This was a tax-withholding/net-settlement event (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: August 17, 2026 — 23,850 shares withheld at $21.17 per share (≈ $504,905).
• Transaction type: F — shares withheld to satisfy tax liability on RSU vesting (net settlement), recorded as a disposition on Form 4.
• Shares owned after transaction: Not explicitly stated on the filing; filing notes include 536,144 unvested RSUs (see footnote).
• Footnotes: F1 — shares withheld by issuer to satisfy tax withholding for RSU vesting; F2 — filing includes 536,144 unvested RSUs.
• Filing timeliness: Report filed Aug 18, 2026 for an Aug 17, 2026 transaction (timely filing).

Context

• This was a routine tax-withholding event associated with RSU vesting (a cashless/net share settlement). Such withholdings are common and do not necessarily indicate the insider is selling shares for investment reasons. For retail investors, purchases or open-market sales by insiders are typically more informative about sentiment than tax withholding transactions.