D-Wave Quantum Inc. reported an insider ownership change by Alan E. Baratz, involving the company’s common stock, par value $0.0001 per share. The Form 4 was filed on July 15, 2026, and covers a transaction dated July 14, 2026. The reported transaction involved 52,320 shares of D-Wave common stock at a price of $18.66 per share, representing an aggregate value of approximately $976,291. The filing explains that these shares were withheld by D-Wave to satisfy tax withholding obligations triggered by the vesting of restricted stock units, or RSUs. This type of transaction is typically reported on Form 4 under transaction code “F,” indicating a payment of tax liability by delivering or withholding securities rather than an open-market sale. The filing notes that Baratz’s reported ownership includes 1,137,257 unvested RSUs. Those RSUs represent rights to receive shares in the future, subject to continued vesting conditions. The document does not indicate that Baratz sold shares into the market; instead, the share reduction reflects an administrative withholding connected to equity compensation vesting. The distinction matters for investors because tax-withholding transactions can reduce a reported insider’s share count without necessarily signaling a discretionary decision to sell stock. In this case, the reported action was tied to RSU vesting and required tax settlement, rather than a voluntary sale of D-Wave shares.