D-Wave Quantum (QBTS) insider sells 328,752 shares; multiple spring 2026 dispositions

Rhea-AI Filing Summary

D-Wave Quantum reported insider sales by a reporting person via a Form 144. The filing lists three transactions: 10,706 shares sold on 03/13/2026, 328,752 shares sold on 05/22/2026, and 2,908 shares sold on 06/02/2026. The sales include shares from a stock option exercise dated 05/21/2025 and list the broker J.P. Morgan Securities LLC.

Insights

Corporate Governance Analyst

Insider reported multiple dispositions across spring 2026, including a large May sale.

The filing shows three reported dispositions by the same reporting person: 10,706 shares on 03/13/2026, 328,752 shares on 05/22/2026, and 2,908 shares on 06/02/2026. One line references a stock option exercise with an exercise date of 05/21/2025.

These entries are procedural disclosures of sales; the cash‑flow treatment and any 10b5‑1 plan language are not shown in the excerpt. Subsequent filings may provide fuller context on economic rationale or remaining holdings.

Key Figures

Shares sold (Mar 13, 2026): 10,706 shares Shares sold (May 22, 2026): 328,752 shares Shares sold (Jun 02, 2026): 2,908 shares +2 more

5 metrics

Shares sold (Mar 13, 2026) 10,706 shares Disposition reported on <date>03/13/2026</date>

Shares sold (May 22, 2026) 328,752 shares Disposition reported on <date>05/22/2026</date>

Shares sold (Jun 02, 2026) 2,908 shares Disposition reported on <date>06/02/2026</date>

Stock option exercise date 05/21/2025 Listed as <b>Stock Option Exercise</b> date

Broker J.P. Morgan Securities LLC Broker listed on the filing header

Key Terms

Form 144, Stock Option Exercise, Services Rendered

3 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Common Stock | 05/21/2025 | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Services Rendered financial

"05/21/2025 | Services Rendered"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	50979	1316787.57	366737601	06/08/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/21/2025	Stock Option Exercise	Issuer			50979	05/21/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John M. Markovich C/o D-Wave Quantum, Inc. 2650 East Bayshore Road Palo Alto CA 94303	Common Stock	03/13/2026	10706	188724
John M. Markovich C/o D-Wave Quantum, Inc. 2650 East Bayshore Road Palo Alto CA 94303	Common Stock	05/22/2026	328752	9107654
John M. Markovich C/o D-Wave Quantum, Inc. 2650 East Bayshore Road Palo Alto CA 94303	Common Stock	06/02/2026	2908	84855.44

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What insider transactions did D-Wave Quantum (QBTS) report on Form 144?

The filing lists three dispositions: 10,706 shares sold on 03/13/2026, 328,752 shares sold on 05/22/2026, and 2,908 shares sold on 06/02/2026. The broker named is J.P. Morgan Securities LLC.

Were any of the shares tied to option exercises in the QBTS Form 144?

Yes. The filing references a Stock Option Exercise with an exercise date of 05/21/2025, and one selling line lists the method as Services Rendered, indicating at least some shares originated from option-related activity.

Who is the reporting person named in the D-Wave Form 144?

The filing names John M. Markovich with an address at D-Wave Quantum, Inc. The three reported dispositions in the excerpt are attributed to that reporting person on the dates shown in spring 2026.

Does the Form 144 indicate how proceeds or withholding were handled?

The excerpt does not state proceeds recipients or tax withholding treatment. The filing lists sale dates and share counts but does not describe cash‑flow allocation or whether sales were pre‑arranged under a trading plan.