secwatch.observer — SEC 8-K summary
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Issuer:     D-Wave Quantum Inc. (QBTS)
CIK:        0001907982
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001907982-26-000049
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

D-Wave Quantum CEO Alan Baratz gets salary increase to $700k and $13.5M RSU grant
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- Annual base salary increased to $700,000 effective January 1, 2026; may be increased for inflation but not decreased.
- Grant of RSUs valued at $13,488,000 under 2022 Equity Incentive Plan, vesting quarterly over four years starting Jan 1, 2026.
- Third Amendment adds post-CEO consulting period to allow continued RSU vesting if board requests part-time services.
- Amendments approved by Board on recommendation of Compensation Committee in recognition of CEO's commitment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1907982/000190798226000049/0001907982-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1907982/000190798226000049/qbts-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001907982-26-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer