D-Wave CHRO Sells 23,850 Shares Worth $504,905 to Cover RSU Tax Bill
Updated
Updated · Yahoo Finance · Aug 23
D-Wave CHRO Sells 23,850 Shares Worth $504,905 to Cover RSU Tax Bill
1 articles · Updated · Yahoo Finance · Aug 23
Summary
An Aug. 17 SEC filing showed D-Wave Quantum CHRO Sophie C. Ames sold 23,850 shares at a weighted average $21.17, generating about $504,905.
The sale was non-discretionary and was executed to satisfy tax obligations triggered by restricted stock unit vesting, not to signal a shift in her investment view.
Ames still directly holds 565,159 shares after the transaction, including 536,144 unvested RSUs, a stake valued at about $11.79 million based on the Aug. 17 close.
D-Wave shares closed at $20.87 that day and the stock had returned 23% over the prior year, leaving the quantum computing company with a market value of about $7.7 billion.
Why are D-Wave insiders heavily cashing out millions in 2026 while the $7.7 billion quantum computing firm burns through massive amounts of cash?
Can D-Wave's recent government funding and enterprise partnerships justify its massive valuation before record bookings finally translate into actual revenue?