=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-12
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: D-Wave Quantum Inc. (QBTS)
CIK: 0001907982
--- Reporting Owner ---
Name: Markovich John M.
CIK: 0001453942
Role: Officer (Chief Financial Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock, par value $0.0001 per share ("Common Stock")
Date: 2026-06-12 | Code: S (Open market sale)
Shares: -46,043 | Price: $24.01
Total Value: $1,105,492.43
Shares Owned After: 1,342,820 | Ownership: D (Direct)
Footnotes:
[F1] 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 $24.00 to $24.10, 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.
[F2] Includes 420,872 unvested restricted stock units.
[Transaction #2]
Security: Common Stock, par value $0.0001 per share ("Common Stock")
Date: 2026-06-15 | Code: S (Open market sale)
Shares: -100,000 | Price: $25.75
Total Value: $2,575,000.00
Shares Owned After: 1,242,820 | Ownership: D (Direct)
Footnotes:
[F2] Includes 420,872 unvested restricted stock units.
[Transaction #3]
Security: Common Stock, par value $0.0001 per share ("Common Stock")
Date: 2026-06-15 | Code: S (Open market sale)
Shares: -100,000 | Price: $25.68
Total Value: $2,568,000.00
Shares Owned After: 1,142,820 | Ownership: D (Direct)
Footnotes:
[F2] Includes 420,872 unvested restricted stock units.
[Transaction #4]
Security: Common Stock, par value $0.0001 per share ("Common Stock")
Date: 2026-06-15 | Code: F (Payment of exercise/tax)
Shares: -10,584 | Price: $23.37
Total Value: $247,348.08
Shares Owned After: 1,132,236 | Ownership: D (Direct)
Footnotes:
[F3] Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
[F2] Includes 420,872 unvested restricted stock units.
--- Footnotes (Complete Index) ---
F1: 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 $24.00 to $24.10, 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.
F2: Includes 420,872 unvested restricted stock units.
F3: Represents shares of Common Stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
--- Signature ---
/s/ /s/ John M. Markovich (2026-06-16)