Alan E Baratz D Wave Quantum Inc. (QBTS) insider trading activity

Alan E Baratz is President & CEO of D-Wave Quantum Inc.. Currently has a direct ownership of 2.63 Million shares of QBTS, which is worth approximately $62.2 Million. The most recent transaction as insider was on Dec 22, 2025, when has been sold 793,712 shares (Common Stock, par value $0.0001 per share ("Common Stock")) at a price of $30.13 per share, resulting in proceeds of $23,914,542. This information was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC).

Shares Held (Direct Ownership) 2.63M

7.04% 3M change

12.02% 12M change

Total Value Held $62.2 Million

ALAN E BARATZ Transaction History

Date	Transaction	Value	Shares Traded	Shares Held
Dec 22 2025	SELL Open market or private sale	$23,914,542 $30.13 p/Share	793,712 Reduced 23.16%	2,633,163 Common Stock, par valu...
Dec 22 2025	BUY Exercise of conversion of derivative security	$722,277 $0.91 p/Share	793,712 Added 18.81%	3,426,875 Common Stock, par valu...
Nov 13 2025	SELL Open market or private sale	$3,894,923 $23.17 p/Share	168,102 Reduced 6.0%	2,633,163 Common Stock, par valu...
Nov 11 2025	SELL Open market or private sale	$23,277,534 $28.87 p/Share	806,288 Reduced 22.35%	2,801,265 Common Stock, par valu...
Nov 11 2025	BUY Exercise of conversion of derivative security	$733,722 $0.91 p/Share	806,288 Added 18.27%	3,607,553 Common Stock, par valu...
Oct 14 2025	SELL Open market or private sale	$1,372,080 $43.74 p/Share	31,369 Reduced 1.11%	2,801,265 Common Stock, par valu...
Jul 21 2025	SELL Payment of exercise price or tax liability	$638,066 $18.89 p/Share	33,778 Reduced 1.18%	2,832,634 Common Stock, par valu...

May 21 2025	SELL Open market or private sale	$14,378,821 $17.0 p/Share	845,813 Reduced 22.78%	2,866,412 Common Stock, par valu...
May 21 2025	BUY Exercise of conversion of derivative security	$769,689 $0.91 p/Share	845,813 Added 18.56%	3,712,225 Common Stock, par valu...
May 20 2025	SELL Payment of exercise price or tax liability	$250,152 $13.15 p/Share	19,023 Reduced 0.66%	2,866,412 Common Stock, par valu...
May 01 2025	BUY Grant, award, or other acquisition	-	580,117 Added 16.74%	2,885,435 Common Stock, par valu...
Apr 22 2025	SELL Payment of exercise price or tax liability	$236,833 $6.42 p/Share	36,890 Reduced 1.58%	2,305,318 Common Stock, par valu...
Jan 23 2025	SELL Open market or private sale	$44,120 $5.27 p/Share	8,372 Reduced 0.36%	2,342,208 Common Stock, par valu...
Dec 04 2024	SELL Payment of exercise price or tax liability	$950,303 $2.76 p/Share	344,313 Reduced 12.78%	2,350,580 Common Stock, par valu...
Oct 21 2024	SELL Payment of exercise price or tax liability	$8,633 $1.17 p/Share	7,379 Reduced 0.27%	2,694,893 Common Stock, par valu...
Jul 22 2024	SELL Payment of exercise price or tax liability	$7,526 $1.02 p/Share	7,379 Reduced 0.27%	2,702,272 Common Stock, par valu...
Mar 27 2024	SELL Payment of exercise price or tax liability	$57,550 $1.95 p/Share	29,513 Reduced 1.08%	2,715,456 Common Stock, par valu...
Mar 27 2024	BUY Grant, award, or other acquisition	-	300,000 Added 9.85%	2,744,969 Common Stock, par valu...
Jan 10 2024	BUY Grant, award, or other acquisition	-	107,469 Added 4.21%	2,444,969 Common Stock, par valu...
Oct 30 2023	SELL Payment of exercise price or tax liability	$305,250 $0.66 p/Share	462,500 Reduced 16.52%	2,337,500 Common Stock, par valu...
Mar 27 2023	BUY Grant, award, or other acquisition	-	300,000 Added 9.68%	2,800,000 Common Stock, par valu...
Oct 27 2022	BUY Grant, award, or other acquisition	-	2,500,000 Added 50.0%	2,500,000 Common Stock, par valu...

AEB

Alan E Baratz

President & CEO

Burnaby, A1

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