The sale was executed to cover tax obligations from vesting restricted stock units, with no change to the CEO’s investment stance.
D-Wave Quantum Inc. (NYSE:QBTS) CEO Alan Baratz sold 52,320 shares on July 14, 2026, at a weighted average price of $18.66, according to an SEC filing. The transaction was non-discretionary, fulfilling tax withholding requirements tied to the vesting of restricted stock units (RSUs).
Following the sale, Baratz retains approximately 3.2 million shares, including 1.1 million unvested RSUs. The company reported trailing twelve-month revenue of $12.4 million and a net loss of $368.0 million as of the transaction date, with a market capitalization of $7 billion.
Insider ownership stands at 0.88%, with Baratz’s holdings remaining a key component. The sale does not reflect a shift in the CEO’s long-term alignment with company performance.