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QBTS

STRONG

D-Wave Quantum Inc.

CIK: 0001907982

Strong Sell (90% confidence)

Last activity: Jan 14, 2026

Financial Metrics

As of Sep 30, 2025 (10-Q)

Total Cash $819.31M

Insider Roster (6 total, 6 active)

Insider Buys Sells Net Value Holdings
BARATZ ALAN E
President & CEO
0 2 -$24.90M
2,598,150 shares
$72.91M
Markovich John M.
Chief Financial Officer
0 6 -$13.39M
1,462,133 shares
$41.03M
Nguyen Diane
EVP, Chief Legal Officer & GC
0 3 -$769K
539,589 shares
$15.14M
Ghai Rohit
DIRECTOR
0 1 -$243K
37,778 shares
$917K
DiLullo John D
DIRECTOR
0 1 -$219K
27,803 shares
$761K
Nielsen Kirstjen
DIRECTOR
0 1 -$158K
112,673 shares
$2.55M

Recent Transactions

SELL BARATZ ALAN E (President & CEO)

35,013 shares @ $28.06

$983K

Jan 14, 2026

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

9,179 shares @ $28.06

$258K

Jan 14, 2026

Conviction: | View SEC Filing →
SELL Nguyen Diane (EVP, Chief Legal Officer & GC)

4,519 shares @ $28.06

$127K

Jan 14, 2026

Conviction: | View SEC Filing →
SELL Nguyen Diane (EVP, Chief Legal Officer & GC)

20,000 shares @ $28.86

$577K

Jan 13, 2026

Conviction: | View SEC Filing →
SELL BARATZ ALAN E (President & CEO)

793,712 shares @ $30.13

$23.91M

Dec 22, 2025

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

100,000 shares @ $30.03

$3.00M

Dec 22, 2025

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

11,562 shares @ $23.89

$276K

Dec 15, 2025

Conviction: | View SEC Filing →
SELL Ghai Rohit (DIRECTOR)

10,000 shares @ $24.28

$243K

Dec 15, 2025

Conviction: | View SEC Filing →
SELL Nguyen Diane (EVP, Chief Legal Officer & GC)

2,733 shares @ $23.89

$65K

Dec 15, 2025

Conviction: | View SEC Filing →
SELL DiLullo John D (DIRECTOR)

8,000 shares @ $27.36

$219K

Dec 5, 2025

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

100,000 shares @ $27.56

$2.76M

Dec 4, 2025

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

100,000 shares @ $25.05

$2.50M

Dec 3, 2025

Conviction: | View SEC Filing →
SELL Nielsen Kirstjen (DIRECTOR)

7,000 shares @ $22.62

$158K

Dec 3, 2025

Conviction: | View SEC Filing →
SELL Markovich John M. (Chief Financial Officer)

200,000 shares @ $22.94

$4.59M

Nov 20, 2025

Conviction: | View SEC Filing →

⚠️ Important Disclaimer

• This is AI-generated analysis for educational purposes only, not financial advice.

• Insider trading data is derived from SEC Form 4 filings and may contain errors.

• Always conduct your own research and consult qualified financial advisors before making investment decisions.