Profitelligence Profitelligence · Filing Ledger Open QBTS research →

Form 8-K · Current Report · Filed 2026-05-04

D-Wave Quantum Inc. Amends CEO Compensation Agreement

On April 30, 2026, D-Wave Quantum Inc. amended the employment agreement of its President and Chief Executive Officer, Dr. Alan Baratz. The amendment includes an increase in Dr. Baratz's annual base salary to $700,000, effective January 1, 2026, and a grant of restricted stock units with an aggregate value of $13,488,000 under the Company's 2022 Equity Incentive Plan. The Board of Directors authorized the amendment in recognition of Dr. Baratz's years of service and commitment to the Company.

Filer
D-Wave Quantum Inc. QBTS · NYSE
Filed
Accession
0001907982-26-000049
CIK
0001907982
Signal
High impactTechnology

Items reported

Item events

Reported Item

New CEO Appointed Executive Compensation Detail

Market reaction

Close before filing

$20.49

Next session

+5.1%

Since filing

-11.8%

Latest close

$18.08

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from QBTS reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, QBTS insiders reported 33 Form 4 transactions — net selling of $38.1M.

Full QBTS insider history →

About D-Wave Quantum Inc.

D-Wave Quantum Inc. is a leading developer and provider of quantum computing systems, software, and services with a unique focus on addressing real-world complex computational challenges. As a pioneer in the commercial quantum computing space, the company is dedicated to advancing both hardware and software solutions to fuel new possibilities in data processing and optimization. D-Wave’s quantum systems are utilized across various industries, including manufacturing, logistics, pharmaceuticals, and financial services, fostering advancements in machine learning, modeling, and optimization problems. Notably, the company’s platform integrates with conventional computing systems, providing hybrid quantum solutions that enhance processing efficiency. D-Wave Quantum Inc.’s contributions are pivotal in steering the technological curve towards quantum advantage, allowing businesses and researchers to explore new horizons in computational capabilities. By offering quantum cloud services, the company lowers the barrier for organizations to access and benefit from cutting-edge quantum technology. Headquartered in Burnaby, Canada, D-Wave continues to be a significant player in the tech industry, aggressively pushing the boundaries of quantum computing and establishing itself as a key influencer in the evolution of computing paradigms.

Exchange NYSE Industry Computer Hardware Company website ↗

Never miss another QBTS filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts