Ghai Rohit 4
Research Summary
AI-generated summary
D-Wave (QBTS) Director Rohit Ghai Sells 10,000 Shares
What Happened
- Rohit Ghai, a director of D-Wave Quantum Inc. (QBTS), disposed of 10,000 shares of common stock on March 16, 2026.
- The reported proceeds were $176,168. The weighted-average sale price was $17.62 per share; individual transactions ranged from $17.165 to $18.385.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 17, 2026 (covers the March 16 sale).
- Shares sold: 10,000; weighted-average price: $17.62; total proceeds: $176,168.
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted by Ghai on June 13, 2025 (automatic plan — F1).
- Price range for the multiple sales: $17.165 to $18.385; the filing lists the weighted average and notes detailed breakdowns are available on request (F2).
- Holdings after the sale: the filing does not specify total beneficial ownership in the provided data; it does note inclusion of 14,260 unvested restricted stock units (RSUs) (F3).
- No late filing was indicated in the provided information.
Context
- This was a sale (often routine for insiders); the sale was made under a pre-established 10b5-1 plan, which typically schedules automatic trades and is not an immediate signal of insider sentiment.
- If you track insider activity, purchases usually carry more interpretive weight than routine plan-driven sales.