D-Wave Quantum Inc. (QBTS) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-06-08 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: D-Wave Quantum Inc. (QBTS) CIK: 0001907982 --- Reporting Owner --- Name: BARATZ ALAN E CIK: 0001098231 Role: Director, Officer (President & CEO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock, par value $0.0001 per share ("Common Stock") Date: 2026-06-08 | Code: M (Exercise of derivative) Shares: +474,395 | Price: $0.91 Total Value: $431,699.45 Shares Owned After: 3,774,166 | Ownership: D (Direct) Footnotes: [F1] Includes 1,270,221 shares of unvested restricted stock units. [Transaction #2] Security: Common Stock, par value $0.0001 per share ("Common Stock") Date: 2026-06-08 | Code: M (Exercise of derivative) Shares: +213,232 | Price: $0.85 Total Value: $180,394.27 Shares Owned After: 3,987,398 | Ownership: D (Direct) Footnotes: [F1] Includes 1,270,221 shares of unvested restricted stock units. [Transaction #3] Security: Common Stock, par value $0.0001 per share ("Common Stock") Date: 2026-06-08 | Code: S (Open market sale) Shares: -687,627 | Price: $26.13 Total Value: $17,967,693.51 Shares Owned After: 3,299,771 | Ownership: D (Direct) Footnotes: [F2] The sales reported in this Form 4 were effected for financial and tax planning purposes. [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 $26.00 to $26.53, 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. [F1] Includes 1,270,221 shares of unvested restricted stock units. --- Derivative Transactions --- [Transaction #1] Security: Stock Option (right to buy) Date: 2026-06-08 | Code: M (Exercise of derivative) Shares: -474,395 | Price: $0.91 Exercisable: N/A | Expires: 2030-05-05 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F4] The option has vested and is exercisable as of the date hereof. [Transaction #2] Security: Stock Option (right to buy) Date: 2026-06-08 | Code: M (Exercise of derivative) Shares: -213,232 | Price: $0.85 Exercisable: N/A | Expires: 2034-01-10 Shares Owned After: 0 | Ownership: D (Direct) Footnotes: [F4] The option has vested and is exercisable as of the date hereof. --- Footnotes (Complete Index) --- F1: Includes 1,270,221 shares of unvested restricted stock units. F2: The sales reported in this Form 4 were effected for financial and tax planning purposes. 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 $26.00 to $26.53, 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 vested and is exercisable as of the date hereof. --- Signature --- /s/ /s/ Alan Baratz (2026-06-10)