BARATZ ALAN E bought QBTS
December 22, 2025 · Form 4 insider transaction
BARATZ ALAN E bought 793,712 shares of D-Wave Quantum Inc. at $0.91 per share, a transaction worth $722.3K. The trade was recorded as option exercise under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Acquired (buy-side)
Shares
793,712
Price
$0.91
Total value
$722.3K
InsiderBARATZ ALAN E
Role—
CompanyD-Wave Quantum Inc. (QBTS)
SecurityCommon Stock, par value $0.0001 per share ("Common Stock")
Transaction codeM: Option exercise
Transaction dateDecember 22, 2025
Filing dateDecember 23, 2025
Shares owned after3,426,875
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
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 11, 2025.; Includes 735,087 shares of unvested restricted stock units.