D-Wave Quantum Inc. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| BARATZ ALAN E | President & CEO | Option Exercise | 793,712 | $0.91 | $722,278 | 3,426,875 | Dec 22, 2025 |
| Markovich John M. | Chief Financial Officer | Option Exercise | 100,000 | $0.92 | $92,000 | 1,571,312 | Dec 22, 2025 |
| Ghai Rohit | — | Sale | 10,000 | $24.28 | $242,800 | 37,778 | Dec 15, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Sale | 2,733 | $23.89 | $65,291 | 563,309 | Dec 15, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 11,562 | $23.89 | $276,216 | 1,471,312 | Dec 15, 2025 |
| DiLullo John D | — | Sale | 8,000 | $27.36 | $218,880 | 27,803 | Dec 5, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 100,000 | $25.05 | $2,505,000 | 1,482,874 | Dec 4, 2025 |
| Nielsen Kirstjen | — | Sale | 7,000 | $22.62 | $158,340 | 112,673 | Dec 3, 2025 |
| DiLullo John D | — | Gift | 492 | — | — | 35,803 | Nov 21, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 200,000 | $22.94 | $4,588,000 | 1,482,874 | Nov 20, 2025 |
| WEST STEVEN M | — | Purchase | 82 | $21.89 | $1,795 | 82 | Nov 18, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Sale | 2,803 | $23.17 | $64,946 | 566,042 | Nov 13, 2025 |
| BARATZ ALAN E | President & CEO | Sale | 168,102 | $23.17 | $3,894,923 | 2,633,163 | Nov 13, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 98,060 | $23.17 | $2,272,050 | 1,482,874 | Nov 13, 2025 |
| BARATZ ALAN E | President & CEO | Sale | 806,288 | $28.87 | $23,277,535 | 2,801,265 | Nov 11, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Sale | 20,827 | $43.74 | $910,973 | 588,845 | Oct 14, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 7,994 | $43.74 | $349,658 | 1,580,934 | Oct 14, 2025 |
| BARATZ ALAN E | President & CEO | Sale | 31,369 | $43.74 | $1,372,080 | 2,801,265 | Oct 14, 2025 |
| Ghai Rohit | — | Sale | 10,000 | $17.93 | $179,300 | 47,778 | Sep 15, 2025 |
| DiLullo John D | — | Sale | 8,000 | $17.93 | $143,440 | 36,295 | Sep 15, 2025 |
| Markovich John M. | Chief Financial Officer | Tax Withholding | 10,583 | $17.76 | $187,954 | 1,588,928 | Sep 15, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Tax Withholding | 2,501 | $17.76 | $44,418 | 609,672 | Sep 15, 2025 |
| Markovich John M. | Chief Financial Officer | Option Exercise | 50,000 | $0.92 | $46,000 | 1,649,511 | Sep 11, 2025 |
| Markovich John M. | Chief Financial Officer | Option Exercise | 40,758 | $0.92 | $37,497 | 1,599,511 | Sep 5, 2025 |
| WEST STEVEN M | — | Sale | 119,000 | $18.06 | $2,149,140 | 118,840 | Aug 13, 2025 |
| WEST STEVEN M | — | Sale | 119,000 | $18.06 | $2,149,140 | 139,018 | Aug 13, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Sale | 4,626 | $18.54 | $85,766 | 612,173 | Aug 13, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 100,000 | $18.00 | $1,800,000 | 1,558,753 | Aug 12, 2025 |
| WEST STEVEN M | — | Gift | 108,485 | — | — | 44,837 | Aug 5, 2025 |
| Nguyen Diane | EVP, Chief Legal Officer & GC | Award / Grant | 16,098 | — | — | 604,061 | Jul 31, 2025 |
| Nguyen Diane | General Counsel | Tax Withholding | 4,066 | $18.89 | $76,807 | 587,963 | Jul 21, 2025 |
| Markovich John M. | Chief Financial Officer | Tax Withholding | 8,607 | $18.89 | $162,586 | 1,558,753 | Jul 21, 2025 |
| BARATZ ALAN E | President & CEO | Tax Withholding | 33,778 | $18.89 | $638,066 | 2,832,634 | Jul 21, 2025 |
| Nguyen Diane | General Counsel | Tax Withholding | 2,501 | $15.71 | $39,291 | 592,029 | Jun 20, 2025 |
| Markovich John M. | Chief Financial Officer | Tax Withholding | 10,584 | $15.71 | $166,275 | 1,567,360 | Jun 20, 2025 |
| Nielsen Kirstjen | — | Sale | 58,644 | $16.21 | $950,619 | 132,673 | Jun 16, 2025 |
| DiLullo John D | — | Sale | 15,000 | $16.40 | $246,000 | 44,295 | Jun 12, 2025 |
| Biscay Roger | — | Sale | 106,626 | $16.85 | $1,796,648 | 14,260 | Jun 12, 2025 |
| Ghai Rohit | — | Sale | 43,517 | $16.81 | $731,521 | 57,778 | Jun 12, 2025 |
| Nielsen Kirstjen | — | Award / Grant | 14,260 | — | — | 191,317 | Jun 5, 2025 |
| Biscay Roger | — | Award / Grant | 14,260 | — | — | 120,886 | Jun 5, 2025 |
| Ghai Rohit | — | Award / Grant | 14,260 | — | — | 101,295 | Jun 5, 2025 |
| WEST STEVEN M | — | Award / Grant | 21,696 | — | — | 258,018 | Jun 5, 2025 |
| DiLullo John D | — | Award / Grant | 14,260 | — | — | 101,295 | Jun 5, 2025 |
| Holt Sharon E | — | Award / Grant | 14,260 | — | — | 75,339 | Jun 5, 2025 |
| Nguyen Diane | General Counsel | Option Exercise | 15,419 | $2.10 | $32,380 | 608,338 | May 23, 2025 |
| Biscay Roger | — | Sale | 96,521 | $17.86 | $1,723,865 | 106,626 | May 21, 2025 |
| Markovich John M. | Chief Financial Officer | Sale | 200,000 | $17.75 | $3,550,000 | 1,577,944 | May 21, 2025 |
| WEST STEVEN M | — | Sale | 311,973 | $16.50 | $5,147,555 | 236,322 | May 21, 2025 |
| Nguyen Diane | General Counsel | Tax Withholding | 2,459 | $13.15 | $32,336 | 534,664 | May 20, 2025 |