Form 4: D-Wave CFO John Markovich Sells Shares
Statement of Changes in Beneficial Ownership
D-Wave Quantum Inc. Chief Financial Officer John M. Markovich sold 2,908 shares of common stock on June 2, 2026.
Summary
- John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc., executed a sale of 2,908 shares of common stock.
- The transaction occurred on June 2, 2026, at a price of $31.00 per share.
- Following this transaction, the reporting person maintains beneficial ownership of 1,439,912 shares.
- The total ownership figure includes 447,770 shares of unvested restricted stock units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale is a routine disclosure of executive equity management rather than a signal of operational distress.
Positives
- The reporting person retains a significant equity stake of 1,439,912 shares in the company.
Negatives
- The sale represents a reduction in the direct equity holdings of a key executive.
Risks
- Insider selling can sometimes be perceived by the market as a lack of confidence in future performance, though it is often for tax or personal liquidity reasons.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this regulatory filing.
Industry Context
StockSavvy.ai notes that insider transactions are common among executives for personal financial planning and do not necessarily reflect a change in the company's fundamental business trajectory or quantum computing market position.
Comparison to Industry Standards
- Insider sales by C-suite executives are standard practice in the technology sector for liquidity purposes.
- The volume of shares sold (2,908) is negligible relative to the total holdings (1,439,912), representing less than 0.2% of the executive's position.
Stakeholder Impact
- Minimal impact expected on shareholders as the transaction size is small relative to total holdings.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 06/02/2026 | Date of the reported stock sale transaction. |
| 06/04/2026 | Date the Form 4 was signed and filed. |
Keywords
D-Wave Quantum, QBTS, Insider Trading, Form 4, CFO, Equity Sale
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