QBTS D-Wave Quantum Inc.

NEUTRAL Impact: 2/10 144
Horizon immediate Filed Jun 2, 2026 Processed 3d 1h ago SEC 0001968582-26-000523
Form 144 — notice of proposed sale of securities
Latest settled — T+1d
QBTS ▲ +0.33% at T+1d
NEUTRAL call ✓ call won +0.33% · α vs SPY -0.08% · entry $27.55 → $27.64
Next anchor: T+5d in 4d
Currently $23.85 · -13.43% from $27.55 entry
Entry anchored
Jun 2, 05:27 PM ET
via Databento tick
T+1d
+0.33%
call +0.33% · α -0.08%
$27.64
settled 2d ago
T+5d
call — · α —
in 4d
T+20d
call — · α —
in 26d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

John M. Markovich, an affiliate of D-Wave Quantum Inc., filed a Form 144 notice of intent to sell 2,908 shares of common stock, with an estimated aggregate market value of $84,855.44 based on a filing date of June 2, 2026. The shares were acquired via a stock option exercise on May 21, 2025, for services rendered. This is a small, routine sale by an affiliate, representing a negligible fraction of the company's $10.7B market cap, and carries minimal signaling value.

Actionable Insight

This is a routine, small affiliate sale with no material impact. The filing does not change the fundamental outlook for QBTS. Monitor for any larger insider sales or changes in insider sentiment, but this filing alone warrants no action.

Key Facts

  • John M. Markovich (affiliate) filed Form 144 to sell 2,908 shares of D-Wave Quantum Inc. common stock.
  • Estimated aggregate market value of the proposed sale is $84,855.44.
  • Shares were acquired via stock option exercise on May 21, 2025, for services rendered.
  • The sale is to be executed through J.P. Morgan Securities LLC.
  • The proposed sale represents approximately 0.0008% of the company's $10.7B market cap.
  • Recent insider activity (30d) shows 3 sells totaling $10.5M, but this filing is much smaller in scale.

Financial Impact

Proposed sale of 2,908 shares valued at ~$84,855, a de minimis amount relative to the $10.7B market cap.

dilution

Risk Factors

  • No material risk identified from this filing; the sale is small and routine.

Market Snapshot

Exchange
NYSE
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
86% bullish (22 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001968582-26-000523
Document: 0001968582-26-000523-index.html0001968582-26-000523
Document: 0001968582-26-000523.txt0001968582-26-000523
12 reports for QBTS
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+60▲ +46.88%Feb 28, 2026
Filters
Rows
Reports for QBTS — sortable, filterable
Type Now
Jun 5, 2026
today
144
NEUTRAL ★ 2/10
$23.67 awaiting T+1awaiting T+1$23.85 (+0.77%)
Jun 2, 2026
3d ago
144
NEUTRAL ★ 2/10
$27.55 $27.64▲ +0.33%▼ −0.08%$23.85 (−13.43%)
Jun 1, 2026
4d ago
8-K
BULLISH ★ 6/10
$29.18 $29.91▲ +2.50%▲ +2.36%$23.85 (−18.27%)
May 27, 2026
9d ago
Insider Cluster
NEUTRAL ★ 4/10
$29.49 $30.14▲ +2.20%▲ +1.96%$23.85 (−19.13%)
May 26, 2026
10d ago
8-K
NEUTRAL ★ 4/10
$27.82 $27.48▼ −1.22%▼ −1.24%$23.85 (−14.27%)
May 22, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$27.82 $27.79▼ −0.11%▼ −0.06%$23.85 (−14.27%)
May 21, 2026
15d ago
8-K
BULLISH ★ 7/10
$25.74 $29.40▲ +14.22%▲ +13.77%$23.85 (−7.34%)
May 12, 2026
24d ago
8-K
MIXED ★ 6/10
$22.35 $21.44▼ −4.07%▼ −4.65%$23.85 (+6.71%)
May 4, 2026
4w ago
8-K
NEUTRAL ★ 2/10
$21.54 $21.54· 0.00%▼ −1.38%$23.85 (+10.72%)
Mar 13, 2026
12w ago
Insider Cluster
NEUTRAL ★ 3/10
$17.55 $17.46▼ −0.51%▼ −1.54%$23.85 (+35.90%)
Showing 10 of 12

US Market Status

Market Closed — Opens Mon (37h 56m)

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