Insider Transactions in Q4 2025 at D Wave Quantum Inc. (QBTS)
Insider Transaction List (Q4 2025)
| Date | Insider | Transaction | Ownership Type | Shares Traded | Value / Price |
|---|---|---|---|---|---|
|
Dec 22
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
100,000
-6.36%
|
$3,000,000
$30.03 P/Share
|
|
Dec 22
2025
|
John M. Markovich Chief Financial Officer |
BUY
Exercise of conversion of derivative security
|
Direct |
100,000
+5.98%
|
$0
$0.92 P/Share
|
|
Dec 22
2025
|
Alan E Baratz President & CEO |
SELL
Open market or private sale
|
Direct |
793,712
-23.16%
|
$23,811,360
$30.13 P/Share
|
|
Dec 22
2025
|
Alan E Baratz President & CEO |
BUY
Exercise of conversion of derivative security
|
Direct |
793,712
+18.81%
|
$0
$0.91 P/Share
|
|
Dec 15
2025
|
Rohit Ghai Director |
SELL
Open market or private sale
|
Direct |
10,000
-20.93%
|
$240,000
$24.28 P/Share
|
|
Dec 15
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
11,562
-0.78%
|
$265,926
$23.89 P/Share
|
|
Dec 15
2025
|
Diane Nguyen EVP, Chief Legal Officer & GC |
SELL
Open market or private sale
|
Direct |
2,733
-0.48%
|
$62,859
$23.89 P/Share
|
|
Dec 05
2025
|
John D Di Lullo Director |
SELL
Open market or private sale
|
Direct |
8,000
-22.34%
|
$216,000
$27.36 P/Share
|
|
Dec 04
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
100,000
-6.32%
|
$2,700,000
$27.56 P/Share
|
|
Dec 04
2025
|
John M. Markovich Chief Financial Officer |
BUY
Exercise of conversion of derivative security
|
Direct |
100,000
+5.94%
|
$0
$0.92 P/Share
|
|
Dec 03
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
100,000
-6.32%
|
$2,500,000
$25.05 P/Share
|
|
Dec 03
2025
|
John M. Markovich Chief Financial Officer |
BUY
Exercise of conversion of derivative security
|
Direct |
100,000
+5.94%
|
$0
$0.92 P/Share
|
|
Dec 03
2025
|
Kirstjen Nielsen Director |
SELL
Open market or private sale
|
Direct |
7,000
-5.85%
|
$154,000
$22.62 P/Share
|
|
Nov 21
2025
|
John D Di Lullo Director |
SELL
Bona fide gift
|
Direct |
492
-1.36%
|
-
|
|
Nov 20
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
200,000
-11.88%
|
$4,400,000
$22.94 P/Share
|
|
Nov 20
2025
|
John M. Markovich Chief Financial Officer |
BUY
Exercise of conversion of derivative security
|
Direct |
200,000
+10.62%
|
$0
$0.92 P/Share
|
|
Nov 18
2025
|
Steven M West Director |
BUY
Open market or private purchase
|
Indirect |
82
+50.0%
|
$1,722
$21.89 P/Share
|
|
Nov 13
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
98,060
-6.2%
|
$2,255,380
$23.17 P/Share
|
|
Nov 13
2025
|
Alan E Baratz President & CEO |
SELL
Open market or private sale
|
Direct |
168,102
-6.0%
|
$3,866,346
$23.17 P/Share
|
|
Nov 13
2025
|
Diane Nguyen EVP, Chief Legal Officer & GC |
SELL
Open market or private sale
|
Direct |
22,803
-1.94%
|
$524,469
$23.42 P/Share
|
|
Nov 11
2025
|
Alan E Baratz President & CEO |
SELL
Open market or private sale
|
Direct |
806,288
-22.35%
|
$22,576,064
$28.87 P/Share
|
|
Nov 11
2025
|
Alan E Baratz President & CEO |
BUY
Exercise of conversion of derivative security
|
Direct |
806,288
+18.27%
|
$0
$0.91 P/Share
|
|
Oct 14
2025
|
Diane Nguyen EVP, Chief Legal Officer & GC |
SELL
Open market or private sale
|
Direct |
20,827
-3.42%
|
$895,561
$43.74 P/Share
|
|
Oct 14
2025
|
Alan E Baratz President & CEO |
SELL
Open market or private sale
|
Direct |
31,369
-1.11%
|
$1,348,867
$43.74 P/Share
|
|
Oct 14
2025
|
John M. Markovich Chief Financial Officer |
SELL
Open market or private sale
|
Direct |
7,994
-0.5%
|
$343,742
$43.74 P/Share
|