Biscay Roger

D-Wave Director Biscay Roger sells 106.6K shares (88.2% of position) at $16.85, reducing holdings to 14.3K shares

Biscay Roger sold 106,626 shares at $16.85 on 2025-06-12, reducing his holdings from 120,886 shares to 14,260 shares—a net reduction of 88.2% of his pre-transaction stake valued at $1,796,328.22. The stock has since declined to $16.00 (current price), 16.0% below its 52-week high of $19.04. Roger's cross-ticker track record shows 2 prior sells, and at QBTS specifically he has made 2 prior sales on 2025-05-22 and 2025-05-21 (outcomes not yet measurable). The company is currently unprofitable, posting net income of $-5,421,000.00 on quarterly revenue of $15,001,000.00, with minimal annual revenue growth of 0.8%. The near-complete exit of a director's position during a period of negative earnings and modest topline growth, combined with recent repetitive selling activity at this ticker, warrants investor attention to insider positioning relative to the company's operating performance.

Director Roger Biscay sells 112,196 shares at avg $17.68 for $1,983,707.07; holdings down 51.3% to 106,626 shares.

Biscay executed 2 separate sales totaling 112,196 shares for $1,983,707.07 on May 21-22, reducing his stake by more than half from 218,822 to 106,626 shares. The stock has surged +163.7% over the past 30 days and +159.3% over 90 days, trading at $18.80, yet the company remains unprofitable with net income of $-5,421,000.00 and minimal revenue growth of +0.8%. The timing coincides with the stock near its 52-week high of $19.04, though the transaction was executed at $17.68 average, below current price. This substantial liquidation by a director during a period of extreme volatility and within an unprofitable operational context represents a material reduction in insider exposure.