Affiliate John M. Markovich Files Intent to Sell $5.86M in Stock
QBTS sits 84% above its 52-week low of $12.75.
Summary
An affiliate of D-Wave Quantum, John M. Markovich, has filed a Form 144 indicating intent to sell an additional $5.86 million worth of common stock, continuing a pattern of significant insider sales.
Key Events · Ownership and Investor Activity · QBTS
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New Intent to Sell Shares
Affiliate John M. Markovich filed a Form 144 to sell 246,043 shares of common stock, valued at approximately $5.86 million.
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Continuation of Insider Sales
This proposed sale follows approximately $10.7 million in sales by Markovich over the past three months, indicating a sustained pattern of insider distribution.
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Shares Acquired via Options
The shares intended for sale were acquired through a stock option exercise on May 21, 2025.
Analysis · QBTS · Technology
This Form 144 filing by affiliate John M. Markovich signals a continued trend of insider distribution. The proposed sale of $5.86 million follows approximately $10.7 million in sales by Markovich over the past three months, including a previous $9.1 million sale reported in May. This ongoing selling activity by a significant insider could be interpreted negatively by investors, especially given the company's recent financial results and capital raising efforts.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, QBTS was trading at $23.49 on NYSE in the Technology sector, with a market capitalization of approximately $8.7B. The 52-week trading range was $12.75 to $46.75. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.