John M. Markovich - 13 Nov 2025 Form 4 Insider Report for D-Wave Quantum Inc. (QBTS)

Signature
/s/ John M. Markovich
Issuer symbol
QBTS
Transactions as of
13 Nov 2025
Transactions value $
-$2,272,482
Form type
4
Filing time
14 Nov 2025, 17:00:39 UTC
Previous filing
15 Oct 2025
Next filing
21 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Markovich John M. Chief Financial Officer 2650 EAST BAYSHORE ROAD, PALO ALTO /s/ John M. Markovich 14 Nov 2025 0001453942

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QBTS Common Stock, par value $0.0001 per share ("Common Stock") Sale -$2.27M -98.1K -6.2% $23.17 1.48M 13 Nov 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Common Stock required to be sold to cover the statutory tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.435, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
F3 Includes 545,315 shares of unvested restricted stock units.