Markovich John M. 4

What Happened John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc. (QBTS), sold a total of 51,049 shares in two open‑market disposals. On 2026-06-08 he sold 50,979 shares at a weighted average price of $26.24 for proceeds of $1,337,689, and on 2026-06-09 he sold 70 shares at $26.54 for $1,858. These transactions are sales (disposals), which are common for insiders and do not by themselves indicate company performance.

Key Details

• Transaction dates and prices:
  • 2026-06-08: 50,979 shares sold, weighted average price $26.24; prices for these trades ranged from $26.00 to $26.72 per F1.
  • 2026-06-09: 70 shares sold at $26.54.
• Total shares sold: 51,049; total reported proceeds: $1,339,547.
• Shares owned after transaction: the filing notes that the reported beneficial ownership includes 420,872 unvested restricted stock units (F2). The filing excerpt provided here does not list a full total beneficial‑ownership number.
• Footnotes:
  • F1: The $26.24 price is a weighted average for multiple trades (range $26.00–$26.72); per the footnote, per‑trade breakdown is available on request.
  • F2: Includes 420,872 unvested restricted stock units.
• Timeliness: Form 4 was filed on 2026-06-10 for transactions on June 8–9; this filing appears timely under the standard two‑business‑day reporting rule.

Context

• These were open‑market sales (transaction code S). Sales by executives are routine for diversification, tax planning, or other personal reasons and should be interpreted cautiously; purchases generally carry more direct signal about insider sentiment.
• No 10b5‑1 plan or exercise/gift details were indicated in the provided notes. If you need the per‑trade breakdown or the full post‑transaction beneficial‑ownership figure, that information can be requested from the SEC staff or found in the complete Form 4.