[Form 4] D-Wave Quantum Inc. Insider Trading Activity
Steven M. West, a director of D-Wave Quantum Inc. (QBTS), reported sales of company common stock on 08/13/2025 totaling 144,000 shares. The filing shows 119,000 shares sold at $18.06 and 25,000 shares sold at a weighted average price of $18.176. After the reported transactions, beneficial ownership figures are stated as 139,018 and 114,018 shares in the table entries. The report also discloses 24,659 shares held indirectly through Emerging Company Partners LLC, an entity controlled by the reporting person, and that 19,837 shares are unvested restricted stock units included in the beneficial ownership counts.
Steven M. West, amministratore di D-Wave Quantum Inc. (QBTS), ha dichiarato la vendita di azioni ordinarie della societ脿 il 08/13/2025 per un totale di 144.000 azioni. La comunicazione indica la vendita di 119.000 azioni a $18,06 e di 25.000 azioni a un prezzo medio ponderato di $18,176. Dopo le operazioni riportate, le quantit脿 di propriet脿 beneficiaria risultano indicate nella tabella come 139.018 e 114.018 azioni. Il rapporto rivela inoltre che 24.659 azioni sono detenute indirettamente tramite Emerging Company Partners LLC, un'entit脿 controllata dalla persona che effettua la comunicazione, e che 19.837 azioni sono unit脿 azionarie vincolate non maturate incluse nei conteggi della propriet脿 beneficiaria.
Steven M. West, director de D-Wave Quantum Inc. (QBTS), inform贸 la venta de acciones ordinarias de la compa帽铆a el 08/13/2025 por un total de 144.000 acciones. La presentaci贸n muestra 119.000 acciones vendidas a $18,06 y 25.000 acciones vendidas a un precio promedio ponderado de $18,176. Tras las transacciones reportadas, las cifras de propiedad beneficiaria se consignan en la tabla como 139.018 y 114.018 acciones. El informe tambi茅n revela que 24.659 acciones se mantienen indirectamente a trav茅s de Emerging Company Partners LLC, una entidad controlada por la persona que informa, y que 19.837 acciones son unidades de acciones restringidas no devengadas incluidas en los totales de propiedad beneficiaria.
鞀ろ嫲敫� M. 鞗姢韸�(霐旍洦鞚措笇 韤�韰� 欤检嫕須岇偓, QBTS 鞚挫偓)電� 2025-08-13鞐� 須岇偓 氤错喌欤� 144,000欤茧ゼ 毵り皝頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 119,000欤缄皜 欤茧嫻 $18.06鞐�, 25,000欤缄皜 臧�欷戫弶攴� $18.176鞐� 毵る弰霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 頉� 韰岇澊敫旍棎電� 靾橅槣鞝� 靻岇湢甓� 靾橃箻臧� 臧侁皝 139,018欤检檧 114,018欤茧 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 氤搓碃鞛�(氤搓碃鞚�)臧� 歆�氚绊晿電� 氩曥澑鞚� Emerging Company Partners LLC毳� 韱淀暣 24,659欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨溂氅�, 19,837欤茧姅 氙疙檿鞝�(鞏鸽矤鞀ろ嫲霌�) 鞝滍暅 欤检嫕 雼渼搿� 靾橅槣鞝� 靻岇湢甓� 歆戧硠鞐� 韽暔霅橃柎 鞛堨潓鞚� 瓿奠嫓頃橁碃 鞛堨姷雼堧嫟.
Steven M. West, administrateur de D-Wave Quantum Inc. (QBTS), a d茅clar茅 la vente d'actions ordinaires de la soci茅t茅 le 08/13/2025 pour un total de 144 000 actions. Le d茅p么t indique la vente de 119 000 actions 脿 18,06 $ et de 25 000 actions 脿 un prix moyen pond茅r茅 de 18,176 $. Apr猫s les op茅rations d茅clar茅es, les montants de propri茅t茅 b茅n茅ficiaire sont indiqu茅s dans le tableau comme 茅tant de 139 018 et 114 018 actions. Le rapport r茅v猫le 茅galement que 24 659 actions sont d茅tenues indirectement via Emerging Company Partners LLC, une entit茅 contr么l茅e par le d茅clarant, et que 19 837 actions sont des unit茅s d'actions restreintes non acquises incluses dans les totaux de propri茅t茅 b茅n茅ficiaire.
Steven M. West, Direktor von D-Wave Quantum Inc. (QBTS), meldete den Verkauf von Stammaktien des Unternehmens am 08/13/2025 in H枚he von insgesamt 144.000 Aktien. Die Einreichung weist aus, dass 119.000 Aktien zu $18,06 und 25.000 Aktien zu einem gewichteten Durchschnittspreis von $18,176 verkauft wurden. Nach den gemeldeten Transaktionen werden die wirtschaftlichen Eigentumszahlen in der Tabelle mit 139.018 bzw. 114.018 Aktien angegeben. Der Bericht gibt au脽erdem an, dass 24.659 Aktien indirekt gehalten werden durch Emerging Company Partners LLC, eine vom Meldenden kontrollierte Einheit, und dass 19.837 Aktien unverfallene Restricted Stock Units sind, die in den Angaben zum wirtschaftlichen Eigentum enthalten sind.
- Insider transactions are fully disclosed with transaction dates, share amounts, and prices, supporting regulatory transparency
- Unvested restricted stock units (19,837 shares) are explicitly identified within the beneficial ownership calculation
- Indirect holdings disclosed (24,659 shares via Emerging Company Partners LLC) with control of the entity stated
- Director sold a meaningful block of shares (144,000 total), which may be viewed as a reduction in insider ownership
- Post-transaction beneficial ownership figures vary across entries, which could require clarification for precise outstanding holdings
Insights
TL;DR: Director sold 144,000 QBTS shares on 08/13/2025; holdings include unvested RSUs and indirect ownership via a controlled entity.
The Form 4 discloses material insider sales aggregating 144,000 shares executed at roughly $18.06 and $18.176 per share. The filing provides post-transaction beneficial ownership amounts and clarifies that 19,837 shares are unvested RSUs, which affects the economic alignment between the director and shareholders until vesting. Additionally, 24,659 shares are held indirectly through Emerging Company Partners LLC, which the reporting person controls, indicating ownership outside of direct holdings. No derivative transactions or 10b5-1 plan designation are specified in the document.
TL;DR: Routine disclosure of insider stock sales by a director; indirect holdings and unvested equity are explicitly disclosed.
The statement identifies the reporting person as a director and documents multiple open-market sales on a single date with weighted-average pricing details for one block. The filing properly discloses indirect ownership through an entity controlled by the director and quantifies unvested restricted stock units included in beneficial ownership. The disclosure meets Section 16(a) reporting requirements by listing transaction codes, amounts, prices, and post-transaction ownership counts. The form does not state any amendment or plan-based execution designation.
Steven M. West, amministratore di D-Wave Quantum Inc. (QBTS), ha dichiarato la vendita di azioni ordinarie della societ脿 il 08/13/2025 per un totale di 144.000 azioni. La comunicazione indica la vendita di 119.000 azioni a $18,06 e di 25.000 azioni a un prezzo medio ponderato di $18,176. Dopo le operazioni riportate, le quantit脿 di propriet脿 beneficiaria risultano indicate nella tabella come 139.018 e 114.018 azioni. Il rapporto rivela inoltre che 24.659 azioni sono detenute indirettamente tramite Emerging Company Partners LLC, un'entit脿 controllata dalla persona che effettua la comunicazione, e che 19.837 azioni sono unit脿 azionarie vincolate non maturate incluse nei conteggi della propriet脿 beneficiaria.
Steven M. West, director de D-Wave Quantum Inc. (QBTS), inform贸 la venta de acciones ordinarias de la compa帽铆a el 08/13/2025 por un total de 144.000 acciones. La presentaci贸n muestra 119.000 acciones vendidas a $18,06 y 25.000 acciones vendidas a un precio promedio ponderado de $18,176. Tras las transacciones reportadas, las cifras de propiedad beneficiaria se consignan en la tabla como 139.018 y 114.018 acciones. El informe tambi茅n revela que 24.659 acciones se mantienen indirectamente a trav茅s de Emerging Company Partners LLC, una entidad controlada por la persona que informa, y que 19.837 acciones son unidades de acciones restringidas no devengadas incluidas en los totales de propiedad beneficiaria.
鞀ろ嫲敫� M. 鞗姢韸�(霐旍洦鞚措笇 韤�韰� 欤检嫕須岇偓, QBTS 鞚挫偓)電� 2025-08-13鞐� 須岇偓 氤错喌欤� 144,000欤茧ゼ 毵り皝頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 119,000欤缄皜 欤茧嫻 $18.06鞐�, 25,000欤缄皜 臧�欷戫弶攴� $18.176鞐� 毵る弰霅� 瓴冹溂搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 氤搓碃霅� 瓯半灅 頉� 韰岇澊敫旍棎電� 靾橅槣鞝� 靻岇湢甓� 靾橃箻臧� 臧侁皝 139,018欤检檧 114,018欤茧 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 氤搓碃靹滌棎電� 霕愴暅 氤搓碃鞛�(氤搓碃鞚�)臧� 歆�氚绊晿電� 氩曥澑鞚� Emerging Company Partners LLC毳� 韱淀暣 24,659欤茧ゼ 臧勳爲 氤挫湢頃橁碃 鞛堨溂氅�, 19,837欤茧姅 氙疙檿鞝�(鞏鸽矤鞀ろ嫲霌�) 鞝滍暅 欤检嫕 雼渼搿� 靾橅槣鞝� 靻岇湢甓� 歆戧硠鞐� 韽暔霅橃柎 鞛堨潓鞚� 瓿奠嫓頃橁碃 鞛堨姷雼堧嫟.
Steven M. West, administrateur de D-Wave Quantum Inc. (QBTS), a d茅clar茅 la vente d'actions ordinaires de la soci茅t茅 le 08/13/2025 pour un total de 144 000 actions. Le d茅p么t indique la vente de 119 000 actions 脿 18,06 $ et de 25 000 actions 脿 un prix moyen pond茅r茅 de 18,176 $. Apr猫s les op茅rations d茅clar茅es, les montants de propri茅t茅 b茅n茅ficiaire sont indiqu茅s dans le tableau comme 茅tant de 139 018 et 114 018 actions. Le rapport r茅v猫le 茅galement que 24 659 actions sont d茅tenues indirectement via Emerging Company Partners LLC, une entit茅 contr么l茅e par le d茅clarant, et que 19 837 actions sont des unit茅s d'actions restreintes non acquises incluses dans les totaux de propri茅t茅 b茅n茅ficiaire.
Steven M. West, Direktor von D-Wave Quantum Inc. (QBTS), meldete den Verkauf von Stammaktien des Unternehmens am 08/13/2025 in H枚he von insgesamt 144.000 Aktien. Die Einreichung weist aus, dass 119.000 Aktien zu $18,06 und 25.000 Aktien zu einem gewichteten Durchschnittspreis von $18,176 verkauft wurden. Nach den gemeldeten Transaktionen werden die wirtschaftlichen Eigentumszahlen in der Tabelle mit 139.018 bzw. 114.018 Aktien angegeben. Der Bericht gibt au脽erdem an, dass 24.659 Aktien indirekt gehalten werden durch Emerging Company Partners LLC, eine vom Meldenden kontrollierte Einheit, und dass 19.837 Aktien unverfallene Restricted Stock Units sind, die in den Angaben zum wirtschaftlichen Eigentum enthalten sind.
FAQ
What shares did Steven M. West sell in the Form 4 for QBTS?
How many QBTS shares does Steven M. West indirectly own through Emerging Company Partners LLC?
Does the Form 4 disclose any unvested equity for Steven M. West?
Is the reporting person identified as an officer, director, or 10% owner?
Were any derivative securities reported on this Form 4 for QBTS?
Was a 10b5-1 trading plan or amendment indicated on the Form 4?
