Transaction #11602 · Form 4 · 0001453942-25-000006
D-Wave Quantum Inc. · Exercise / conversion · Common Stock, par value $0.0001 per share ("Common Stock")
D-Wave Quantum Inc. · Transacted November 20, 2025 · Filed November 21, 2025
What does this filing report?
An SEC Form 4 filing for D-Wave Quantum Inc. records an exercise / conversion involving Common Stock, par value $0.0001 per share ("Common Stock") on November 20, 2025. The reported quantity was 200,000. The filing date is November 21, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.
The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.
Transaction details
- Company
- D-Wave Quantum Inc.
- Company CIK
- 0001907982
- Security type
- Non-derivative
- Acquisition type
- Exercise / conversion · Code M
- Quantity acquired
- 200,000
- Reported price
- 0.92
- Reference value
- 184,000
- Currency
- Currency not specified
- Ownership
- Direct
- Holdings after transaction
- 1,682,874
- Ownership description
- Not reported
- SEC acceptance time
- Nov 21, 2025, 5:14 PM EST
- 10b5-1 indication
- Indicated in filing
Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.
Reporting owners
- Markovich John M. ↗
Chief Financial Officer
CIK 0001453942
These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.
Company listings
This transaction is not mapped to a specific company listing.
Filing footnotes & remarks
- F1
- The option exercise and sale of Common Stock reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 21, 2025.
- F2
- Includes 545,315 shares of unvested restricted stock units.
- F3
- The sales price reported is the weighted average sale price for the number of shares of Common Stock sold. These shares were sold in multiple transactions at prices ranging from $21.04 to $24.69, 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.
- F4
- The option has fully vested and is exercisable as of the date hereof as to 707,926 shares of Common Stock.
- F5
- This option has fully vested and is exercisable as of the date hereof as to all 120,826 shares of Common Stock.
Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.
This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.