Massivemarkets

SEC Form 4

D-Wave Quantum Inc. (QBTS) insider trading

In the 12 months to Oct 26, 2026, 7 QBTS insiders reported open-market sales of $98.9M across 24 filings; one director bought $1.8K.

Latest filing · Last 12 months · Source: SEC EDGAR · How we count

Open-market sales
$98.9M
24 filings · 7 insiders
Open-market purchases
$1.8K
1 filing · Steven M. West, Director
Pre-arranged sales (10b5-1)
18 of 24
$64.0M of $98.9M sold (65%)

Who traded QBTS, and when

  • Purchase
  • Sale
  • Sale, pre-arranged (10b5-1)

QBTS daily close from Oct 27, 2025 to Oct 26, 2026, between $11.63 and $37.06, last $11.65. 24 sale and 1 purchase filings by 8 insiders, marked at their filing dates. Alan E. Baratz, President & CEO: sold $65.2M across 3 filings, first filed Nov 13, 2025, last Jun 10, 2026. John M. Markovich, Chief Financial Officer: sold $29.6M across 7 filings, first filed Nov 21, 2025, last Jun 16, 2026. Diane Nguyen, EVP, Chief Legal Officer & GC: sold $2.1M across 3 filings, first filed Nov 14, 2025, last May 22, 2026. Rohit Ghai, Director: sold $776.1K across 3 filings, first filed Dec 16, 2025, last Jun 16, 2026. John D. DiLullo, Director: sold $574.6K across 4 filings, first filed Dec 8, 2025, last Sep 9, 2026. Sophie C. Ames, Exec. Vice President & CHRO: sold $554.5K across 3 filings, first filed Apr 21, 2026, last Jul 21, 2026. Kirstjen Nielsen, Director: sold $158.3K across 1 filing, first filed Dec 5, 2025, last Dec 5, 2025. Steven M. West, Director: bought $1.8K across 1 filing, first filed Nov 18, 2025, last Nov 18, 2025.

Largest mark · tap a row for others

Alan E. Baratz · President & CEO

Sale $23,913,114

793,712 shares at $30.13 avg

Filed Dec 23, 2025 · traded Dec 22

Pre-arranged (10b5-1) · close on filing date $29.12

QBTS daily closelast $11.65

Alan E. Baratz · President & CEO

$65.2M sold

John M. Markovich · Chief Financial Officer

$29.6M sold

Diane Nguyen · EVP, Chief Legal Officer & GC

$2.1M sold

Rohit Ghai · Director

$776.1K sold

John D. DiLullo · Director

$574.6K sold

Sophie C. Ames · Exec. Vice President & CHRO

$554.5K sold

Kirstjen Nielsen · Director

$158.3K sold

Steven M. West · Director

$1.8K bought
One row per insider; marks sit at the SEC filing date, sized by dollar value.

Open-market trades

25 filings in the last 12 months
Other insider activity (not market trades) · 57 records
  • Option exercises10 records
  • Tax withholding25 records
  • Tax withholding (sold to cover)11 records
  • Grants and awards10 records
  • Gifts1 record

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

How to read this page

Open-market purchase or sale
A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
Pre-arranged (10b5-1)
The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
Filing date
Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.

Frequently asked questions

Has D-Wave Quantum Inc.'s CEO sold stock?

Yes. Alan E. Baratz (CEO) sold 2,287,627 shares ($65.2M) between Nov 2025 and Jun 2026, $47.2M of it under a pre-arranged 10b5-1 plan.

How current is QBTS’s insider data?

These are QBTS Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

Build with AI

Track QBTS insider trades with your agent

This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:

Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for QBTS every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.

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