Insider Cluster (2 insiders) ·Filed Mar 13, 2026
Insider cluster: 2 insiders, $233K total
Actionable Insight • Neutral
Monitor for additional insider selling in the next 30 days; current activity is within normal range for executives managing personal holdings.
Final — all horizons settled through T+60d
QBTS ▲ +47.18% at T+60d
NEUTRAL call ✓ call won +47.18% · α vs SPY +35.56% · entry $17.55 → $25.83
T+1d
-0.51%
call -0.51% · α -1.54%
$17.46
settled 7mo ago
T+5d
-10.37%
call -10.37% · α -8.25%
$15.73
settled 7mo ago
T+20d
-16.52%
call -16.52% · α -20.11%
$14.65
settled 6mo ago
T+60d
+47.18%
call +47.18% · α +35.56%
$25.83
settled 4mo ago
Price Chart
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Executive Summary
Two C-suite executives at D-Wave Quantum Inc. (QBTS) sold shares in the open market on March 13, 2026, totaling $233,357 in proceeds. The sales were modest in dollar value and represented routine divestitures by the CFO and Chief Legal Officer.
Key Financial Metrics
Direction
selling
Total Value
$233.4K
Insiders
2
Key Facts
- CFO John Markovich sold 10,706 shares at $17.6278 for $188,723
- EVP & Chief Legal Officer Diane Nguyen sold 2,532 shares at $17.6278 for $44,634
- Both transactions were open-market sales (Form 4 code 'S')
- Total value of cluster: $233,357
- Sales represent approximately 0.0036% of QBTS's $6.4B market cap
Financial Impact
$233,357 in total open-market sales by two C-suite insiders
insider ownershipmarket sentiment
Risk Factors
- Perception of lack of confidence if selling continues ahead of key events
- Concentration risk in executive decision-making given limited number of insiders trading
Market Snapshot
Exchange
NYSE
Investment Themes
Quantum Computing
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-QBTS-1773782959538 |
32 reports for QBTS
64% Hit rate best @ T+60▲ +46.88%
Filters
Rows
| 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%) |
Showing 10 of 32
US Market Status
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