D-Wave Quantum Inc. Director Sells 119,000 Shares at $18.06/Share on August 13, 2025.

D-Wave Quantum Inc. [QBTS] disclosed that Director WEST STEVEN M has executed a transaction involving the sale of 119,000 shares at a price of $18.06 per share on August 13, 2025. Furthermore, the Director has also sold an additional 25,000 shares at a price of $18.18 per share on the same date.

D-Wave Quantum Inc. (QBTS) has disclosed that Director Steven M. West sold 144,000 shares of the company's common stock on August 13, 2025. The transactions were executed in two separate sales, with 119,000 shares sold at $18.06 per share and 25,000 shares sold at a weighted average price of $18.176 per share. The total sale amount amounted to $2,603,540 [1].

Post-transaction, Steven M. West's beneficial ownership figures are reported as 139,018 shares and 114,018 shares, respectively. Additionally, the filing reveals that 24,659 shares are held indirectly through Emerging Company Partners LLC, an entity controlled by the reporting person, and that 19,837 shares are unvested restricted stock units (RSUs) included in the beneficial ownership counts [1].

The sale of 144,000 shares by Steven M. West is a significant transaction and highlights the company's insider trading activity. The disclosure meets Section 16(a) reporting requirements, detailing the transaction codes, amounts, prices, and post-transaction ownership counts. The form does not specify any derivative transactions or 10b5-1 plan designation [1].

The indirect holdings and unvested equity are explicitly disclosed, indicating the economic alignment between the director and shareholders until the vesting of the RSUs. The filing provides a comprehensive overview of the transaction, ensuring transparency and compliance with regulatory requirements.

References:

[1] https://www.stocktitan.net/sec-filings/QBTS/form-4-d-wave-quantum-inc-insider-trading-activity-87711b428069.html
[2] https://www.tradingview.com/news/tradingview:707caad039826:0-d-wave-quantum-director-steven-m-west-sells-144-000-shares/