QBTS
D-Wave Quantum Inc.
D-Wave Quantum Inc. insider trading
D-Wave Quantum Inc. files with the SEC as a Services-Computer Processing & Data Preparation company headquartered in Palo Alto, CA. Every time one of its executives or directors buys or sells the stock, the filing appears here the moment it reaches the SEC — with grants and option exercises set apart from the trades that cost the insider their own money.
From SEC filings
Recent QBTS insider transactions
6 insiders traded QBTS on the open market between May 20, 2026 and Sep 08, 2026 — 14 sales worth $36.8M, of which 6 were pre-scheduled under a 10b5-1 plan.
- Bought
- —
- Sold
- $36.8M
- Net
- −$36.8M
- Insiders
- 6
6 of 14 on a 10b5-1 plan
DiLullo John D10b5-1
Director
−$19.8K
Sep 08, 2026
1,100 sh · $18.00
Ames Sophie C10b5-1
Exec. Vice President & CHRO
−$52K
Jul 20, 2026
3,070 sh · $16.95
Ghai Rohit10b5-1
Director
−$357.1K
Jun 15, 2026
13,518 sh · $26.41
Markovich John M.
Chief Financial Officer
−$2.6M
Jun 15, 2026
100,000 sh · $25.75
Markovich John M.
Chief Financial Officer
−$2.6M
Jun 15, 2026
100,000 sh · $25.68
Markovich John M.
Chief Financial Officer
−$1.1M
Jun 12, 2026
46,043 sh · $24.01
Markovich John M.
Chief Financial Officer
−$1.9K
Jun 09, 2026
70 sh · $26.54
Baratz Alan E
President & CEO · Director
−$18M
Jun 08, 2026
687,627 sh · $26.13
Markovich John M.
Chief Financial Officer
−$1.3M
Jun 08, 2026
50,979 sh · $26.24
DiLullo John D10b5-1
Director
−$191.8K
Jun 05, 2026
7,850 sh · $24.43
Markovich John M.
Chief Financial Officer
−$90.1K
Jun 02, 2026
2,908 sh · $31.00
Markovich John M.
Chief Financial Officer
−$9.1M
May 22, 2026
328,752 sh · $27.70
Nguyen Diane10b5-1
EVP, Chief Legal Officer & GC
−$1M
May 21, 2026
40,000 sh · $25.01
Ames Sophie C10b5-1
Exec. Vice President & CHRO
−$436.9K
May 20, 2026
23,025 sh · $18.98
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Sep 08, 2026 | DiLullo John D10b5-1Director | 1,100 | $18.00 | −$19.8K |
| Jul 20, 2026 | Ames Sophie C10b5-1Exec. Vice President & CHRO | 3,070 | $16.95 | −$52K |
| Jun 15, 2026 | Ghai Rohit10b5-1Director | 13,518 | $26.41 | −$357.1K |
| Jun 15, 2026 | Markovich John M.Chief Financial Officer | 100,000 | $25.75 | −$2.6M |
| Jun 15, 2026 | Markovich John M.Chief Financial Officer | 100,000 | $25.68 | −$2.6M |
| Jun 12, 2026 | Markovich John M.Chief Financial Officer | 46,043 | $24.01 | −$1.1M |
| Jun 09, 2026 | Markovich John M.Chief Financial Officer | 70 | $26.54 | −$1.9K |
| Jun 08, 2026 | Baratz Alan EPresident & CEO · Director | 687,627 | $26.13 | −$18M |
| Jun 08, 2026 | Markovich John M.Chief Financial Officer | 50,979 | $26.24 | −$1.3M |
| Jun 05, 2026 | DiLullo John D10b5-1Director | 7,850 | $24.43 | −$191.8K |
| Jun 02, 2026 | Markovich John M.Chief Financial Officer | 2,908 | $31.00 | −$90.1K |
| May 22, 2026 | Markovich John M.Chief Financial Officer | 328,752 | $27.70 | −$9.1M |
| May 21, 2026 | Nguyen Diane10b5-1EVP, Chief Legal Officer & GC | 40,000 | $25.01 | −$1M |
| May 20, 2026 | Ames Sophie C10b5-1Exec. Vice President & CHRO | 23,025 | $18.98 | −$436.9K |
SEC Form 4 data, Q3 2024 to Q2 2026
QBTS insider trading by quarter
Between Jul 01, 2024 and Jun 30, 2026, 10 insiders traded QBTS on the open market: 1 purchase worth $1.8K and 80 sales worth $330.6M, 21 of the sales pre-scheduled under a 10b5-1 plan. In the last four quarters alone: 1 purchase ($1.8K) and 52 sales ($120.3M), by 8 insiders.
| Quarter | Bought | Sold | Insiders |
|---|---|---|---|
| Q2 2026 | — | −$36.8M13 sales · 5 on a plan | |
| Q1 2026 | — | −$2.5M9 sales · 4 on a plan | |
| Q4 2025 | +$1.8K1 buy | −$70.3M18 sales · 10 on a plan | |
| Q3 2025 | — | −$10.6M12 sales · 2 on a plan | |
| Q2 2025 | — | −$34.6M15 sales | |
| Q1 2025 | — | −$90.2M8 sales | |
| Q4 2024 | — | −$85.5M5 sales | |
| Q3 2024 | — | — |
- Largest purchase
- +$1.8K of QBTS by West Steven M (Director) on Nov 18, 2025.
- Largest sale
- −$42.8M of QBTS by Public Sector Pension Investment Board (10% Owner) on Jan 14, 2025.
Profile: Alan Baratz (President & CEO) — two years of that insider's own trades, company by company.
Open-market transactions through Jun 30, 2026most recent first
Ghai Rohit10b5-1
Director
−$357K
Jun 15, 2026
13,518 sh · $26.41
DiLullo John D10b5-1
Director
−$191.8K
Jun 05, 2026
7,850 sh · $24.43
Markovich John M.
Chief Financial Officer
−$9.1M
May 22, 2026
328,752 sh · $27.70
Nguyen Diane10b5-1
EVP, Chief Legal Officer & GC
−$1M
May 21, 2026
40,000 sh · $25.01
Ames Sophie C10b5-1
Exec. Vice President & CHRO
−$437K
May 20, 2026
23,025 sh · $18.98
Ames Sophie C10b5-1
Exec. Vice President & CHRO
−$65.5K
Apr 20, 2026
3,070 sh · $21.35
Ghai Rohit10b5-1
Director
−$176.2K
Mar 16, 2026
10,000 sh · $17.62
Markovich John M.
Chief Financial Officer
−$188.7K
Mar 13, 2026
10,706 sh · $17.63
Nguyen Diane
EVP, Chief Legal Officer & GC
−$44.6K
Mar 13, 2026
2,532 sh · $17.63
DiLullo John D10b5-1
Director
−$144.1K
Mar 05, 2026
8,000 sh · $18.01
Nguyen Diane
EVP, Chief Legal Officer & GC
−$28.7K
Feb 13, 2026
1,451 sh · $19.76
Baratz Alan E
President & CEO · Director
−$982.5K
Jan 14, 2026
35,013 sh · $28.06
Markovich John M.
Chief Financial Officer
−$257.6K
Jan 14, 2026
9,179 sh · $28.06
Nguyen Diane10b5-1
EVP, Chief Legal Officer & GC
−$126.8K
Jan 14, 2026
4,519 sh · $28.06
Nguyen Diane10b5-1
EVP, Chief Legal Officer & GC
−$577.2K
Jan 13, 2026
20,000 sh · $28.86
| Date | Insider | Shares | Price | Value |
|---|---|---|---|---|
| Jun 15, 2026 | Ghai Rohit10b5-1Director | 13,518 | $26.41 | −$357K |
| Jun 05, 2026 | DiLullo John D10b5-1Director | 7,850 | $24.43 | −$191.8K |
| May 22, 2026 | Markovich John M.Chief Financial Officer | 328,752 | $27.70 | −$9.1M |
| May 21, 2026 | Nguyen Diane10b5-1EVP, Chief Legal Officer & GC | 40,000 | $25.01 | −$1M |
| May 20, 2026 | Ames Sophie C10b5-1Exec. Vice President & CHRO | 23,025 | $18.98 | −$437K |
| Apr 20, 2026 | Ames Sophie C10b5-1Exec. Vice President & CHRO | 3,070 | $21.35 | −$65.5K |
| Mar 16, 2026 | Ghai Rohit10b5-1Director | 10,000 | $17.62 | −$176.2K |
| Mar 13, 2026 | Markovich John M.Chief Financial Officer | 10,706 | $17.63 | −$188.7K |
| Mar 13, 2026 | Nguyen DianeEVP, Chief Legal Officer & GC | 2,532 | $17.63 | −$44.6K |
| Mar 05, 2026 | DiLullo John D10b5-1Director | 8,000 | $18.01 | −$144.1K |
| Feb 13, 2026 | Nguyen DianeEVP, Chief Legal Officer & GC | 1,451 | $19.76 | −$28.7K |
| Jan 14, 2026 | Baratz Alan EPresident & CEO · Director | 35,013 | $28.06 | −$982.5K |
| Jan 14, 2026 | Markovich John M.Chief Financial Officer | 9,179 | $28.06 | −$257.6K |
| Jan 14, 2026 | Nguyen Diane10b5-1EVP, Chief Legal Officer & GC | 4,519 | $28.06 | −$126.8K |
| Jan 13, 2026 | Nguyen Diane10b5-1EVP, Chief Legal Officer & GC | 20,000 | $28.86 | −$577.2K |
From SEC's quarterly Form 3, 4 and 5 data sets: code P purchases and code S sales of common stock, by the date the trade happened. Where a fund and the people who control it each report the same block, it is counted once. Trades made in the last days of Q2 2026 but filed after it closed arrive with SEC's next quarterly release.
D-Wave Quantum Inc. company record
- SEC industry classification
- Services-Computer Processing & Data Preparation
- Headquarters
- Palo Alto, CA
- Incorporated in
- DE
- Listed on
- Nasdaq
- SEC Central Index Key
- 0001907982
Sourced from this company's own SEC submissions record. The industry label is SEC's Standard Industrial Classification, which is more specific than the Technology sector shown above.
After insiders bought QBTS
What the stock actually did in the 90 days following each open-market purchase
Don't check QBTS — let it ping you
Get told the moment an insider moves on QBTS
Pro watches D-Wave Quantum Inc. for you and sends a Telegram ping within moments of a Form 4 clearing EDGAR — a C-suite open-market buy, a cluster, a 10b5-1 regime break — long before it reaches the press. Add QBTS to a watchlist, see each mover's benchmark-measured track record and which legendary funds hold it, and read the full filing history instead of the last 72 hours.
The live dashboard is free to open. Alerts, watchlists, full filing history and each mover's benchmark-measured track record are Pro. Monitoring, not advice.
How to read QBTS insider activity
- Open-market purchase (code P)
- An insider spending their own money at market price. This is the only buy code that reliably carries signal — it is a decision, not compensation.
- Grants and option exercises (codes A, M)
- Scheduled compensation. Most "insider buying" headlines are really this, which is why InsiderPulse weights it at a fraction of a real purchase.
- Cluster buy
- Two or more different insiders buying on the open market in the same window. One executive buying can mean anything; three is much harder to explain away.
Other Technology tickers
Questions
- Are QBTS insiders buying or selling?
- Between May 20, 2026 and Sep 08, 2026, 6 D-Wave Quantum Inc. insiders made no open-market purchases and 14 sales worth $36.8M, a net sale of $36.8M. 6 of the sales were pre-scheduled under a Rule 10b5-1 plan.
- How much QBTS stock have insiders bought and sold in the last two years?
- Between Jul 01, 2024 and Jun 30, 2026, 10 D-Wave Quantum Inc. insiders made 1 open-market purchase worth $1.8K and 80 sales worth $330.6M. 21 of the sales were pre-scheduled under a Rule 10b5-1 plan. In the four quarters to Jun 30, 2026: 1 purchase ($1.8K) and 52 sales ($120.3M). The largest purchase was West Steven M buying $1.8K on Nov 18, 2025. The largest sale was Public Sector Pension Investment Board selling $42.8M on Jan 14, 2025.
- What was the largest recent QBTS insider trade?
- Baratz Alan E (President & CEO · Director) sold $18M of QBTS stock on Jun 08, 2026 at about $26.13 a share.
- When did an insider last buy QBTS shares?
- No open-market purchase by a D-Wave Quantum Inc. insider appears in the filings from May 20, 2026 to Sep 08, 2026 — every recorded open-market transaction in that period was a sale. Before that, the most recent purchase in SEC's data was West Steven M buying $1.8K on Nov 18, 2025.
- Where does QBTS insider trading data come from?
- From the Form 4 filings D-Wave Quantum Inc.'s officers, directors and 10% owners must send the SEC within two business days of a trade. Each row on this page links to its original filing on SEC EDGAR. Share grants and option exercises are kept apart from open-market purchases and sales, because only the latter cost the insider their own money.
Get the free Insider Brief
Each weekday evening: the day's biggest open-market insider buys, cluster formations and 10b5-1 plan breaks — in plain English, with grants and routine vesting stripped out. Honest about what the data can and cannot say.