This is a small, routine insider sale following option exercise — not a signal of deteriorating fundamentals. Monitor for any acceleration of insider selling patterns, but this filing alone does not warrant a trade action.
Price Chart
Executive Summary
John M. Markovich, an affiliate of D-Wave Quantum Inc., filed a Form 144 on June 8, 2026, indicating intent to sell 50,979 shares of common stock with an approximate market value of $1.32 million. The shares were acquired via a stock option exercise on May 21, 2025, and the sale is to be executed through J.P. Morgan Securities LLC. This is a routine insider sale following option exercise, representing a small fraction of the company's $8.7B market cap.
Key Facts
- Insider John M. Markovich (affiliate) filed Form 144 to sell 50,979 shares of common stock.
- Estimated sale value: ~$1.32 million based on filing date price.
- Shares were acquired via stock option exercise on May 21, 2025, for services rendered.
- Sale is to be executed through J.P. Morgan Securities LLC.
- Filing date: June 8, 2026; proposed sale date: June 8, 2026.
- The sale represents ~0.015% of D-Wave's $8.7B market cap.
- Recent insider activity (30 days): 3 prior sales totaling $9.4M.
Financial Impact
~$1.32 million sale, negligible relative to $8.7B market cap
Risk Factors
- Insider selling may increase if additional option exercises occur.
- Form 144 is an intent to sell; the sale may not be executed.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001968582-26-000564 |
| Document: 0001968582-26-000564-index.html | 0001968582-26-000564 |
| Document: 0001968582-26-000564.txt | 0001968582-26-000564 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $16.41 $17.11 | ▲ +4.27% | ▲ +3.45% | $16.34 (−0.40%) |
Sep 8, 2026 24d ago | 8-K | $17.67 $16.83 | ▼ −4.75% | ▼ −4.09% | $16.34 (−7.50%) |
Aug 25, 2026 5w ago | 8-K | $17.51 $16.49 | ▼ −5.83% | ▼ −5.71% | $16.34 (−6.65%) |
Aug 18, 2026 6w ago | 8-K | $19.53 $19.35 | ▼ −0.92% | ▼ −0.72% | $16.34 (−16.31%) |
Aug 17, 2026 6w ago | 8-K | $20.87 $18.68 | ▼ −10.49% | ▼ −9.30% | $16.34 (−21.68%) |
Aug 6, 2026 8w ago | 8-K | $19.41 $20.90 | ▲ +7.70% | ▲ +6.49% | $16.34 (−15.77%) |
Aug 3, 2026 8w ago | 8-K | $19.98 $16.21 | ▼ −18.87% | ▼ −20.90% | $16.34 (−18.19%) |
Jul 27, 2026 9w ago | 8-K | $19.51 $18.08 | ▼ −7.33% | ▼ −8.40% | $16.34 (−16.22%) |
Jul 24, 2026 10w ago | 8-K | $16.21 $17.98 | ▲ +10.92% | ▲ +10.55% | $16.34 (+0.83%) |
Jul 14, 2026 11w ago | 8-K | $18.95 $16.72 | ▼ −11.77% | ▼ −10.47% | $16.34 (−13.75%) |
US Market Status
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