Diane Nguyen

EVP/CLO Diane Nguyen sells 40,000 QBTS shares at $25.01; stock now $29.40 (+38.4% in 30 days)

Diane Nguyen, EVP, Chief Legal Officer & GC, sold 40,000 shares at $25.01 on 2026-05-21 under a pre-arranged 10b5-1 trading plan adopted on 2025-08-14. The sale reduced her holdings from 557.1K to 517.1K shares (-7.2%). D-Wave's stock has since appreciated sharply: +38.4% over the past 30 days and +62.8% over 90 days, currently trading at $29.40. Her prior sales at QBTS have delivered mixed outcomes—four of five prior trades showed negative 30-day or 90-day returns (ranging from -29.9% to -46.5% in the 30-day window), though one (2025-11-13) posted a +10.3% 30-day return. The company reported $2.9M revenue (latest quarter) with -$18.4M net income and remains unprofitable on an annual basis despite +178.5% annual revenue growth. The scheduled nature of this sale—driven by a pre-arranged plan rather than a discretionary decision—limits what timing conclusions can be drawn, but the sharp post-sale appreciation and the company's ongoing unprofitability merit monitoring.

D-Wave Chief Legal Officer Diane Nguyen sold 24,519 shares at $28.71 avg on Jan 13–14; stock down 35.9% from 52-week high despite +12.5% 30-day surge.

Diane Nguyen, EVP and Chief Legal Officer, executed 2 separate sales totaling 24,519 shares for $703,971.53 (blended $28.71/share) on 2026-01-13 and 2026-01-14. She retains 539,589 shares post-transaction, representing a 4.3% reduction in holdings. The timing coincides with a volatile period: the stock has risen 12.5% over the prior 30 days yet remains 35.9% below its 52-week high, and the company continues to operate unprofitably (net income of $-140.0M in the latest period) despite minimal revenue growth of 0.8% year-over-year. Her prior trades at QBTS show mixed timing outcomes, with only 1 of 3 measurable 90-day outcomes reaching profitability for the insider—and her most recent cross-ticker sell history records a 90-day well-timed rate of 50.00%. The sale occurs near recent price peaks but against a backdrop of sustained losses and modest growth, warranting review of the transaction context and company trajectory.

EVP & Chief Legal Officer Diane Nguyen sold 22,803 shares at avg $23.60 on 2025-11-13; stock down 47.3% from 52-week high.

Diane Nguyen, EVP and Chief Legal Officer, executed 2 separate sales totaling 22,803 shares for $538,239.84 at a blended average price of $23.60, reducing her holdings by 3.9%. The timing is notable: the stock is currently down 47.3% from its 52-week high of $44.78 and has declined 47.3% over the past 30 days. At QBTS specifically, Nguyen's prior 4 measurable sells show only 1 of 4 yielded negative 90-day returns (a 25% well-timed rate), and her most recent QBTS sale on 2025-10-14 has already posted a 30-day decline of 46.5%. The company reported $3.7M quarterly revenue and a net loss of $140.0M, with annual revenue growth of only 0.8%, indicating an unprofitable trajectory. The executive's consistent pattern of open-market sales at this ticker—five prior trades in 2025 alone—combined with the company's lack of profitability, warrants scrutiny of whether the sale reflects a structured liquidity plan or a deliberate reduction amid deteriorating fundamentals.

D-Wave CLO Diane Nguyen sold 20,827 shares ($911.0K) at $43.74; 5 prior QBTS sells showed -21.6% avg 90d return with 100% well-timed rate.

Diane Nguyen, EVP and Chief Legal Officer, sold 20,827 shares (reducing her holdings by -3.4%) at $43.74 on 2025-10-14, representing $911,043.79 in proceeds. At D-Wave's current price of $44.78, she sold 1.04 points below the 52-week high. The stock has rallied +144.4% over the prior 30 days and +132.7% over 90 days, placing this sale near a significant local peak. Nguyen's five prior open-market transactions at QBTS were all sells, with an average 90-day return of -21.6% and a perfect 100% well-timed rate—every prior QBTS sale preceded a subsequent decline. Her cross-ticker track record (5 prior sells, all tickers) shows an average 90-day return of -21.5% with a 100% well-timing rate as well. The company itself reported $-167.3M net income in the latest full fiscal year while generating only $3.1M in quarterly revenue with minimal growth (+0.8% annualized), though the $15.2B market cap reflects investor optimism during the recent rally. The pattern of consistent selling at local peaks by a senior legal officer warrants attention as the stock approaches its recent high-water mark.

Chief Legal Officer Diane Nguyen sells 69,270 shares (69.3K) at $18.11–$18.54 for $1,259,315.49 total

Diane Nguyen, EVP and Chief Legal Officer, executed 3 separate sales on 2025-08-13 totaling 69,270 shares for $1,259,315.49, reducing her holdings by 10.2% from 681,443 to 612,173 shares. The blended average price of $18.18 aligns closely with the current market price, and the stock has appreciated 12.6% over the past 30 days and 48.4% over 90 days from post-transaction levels. Her prior trades at QBTS on 2025-05-23 showed negative 30-day returns (-17.6% and -16.6%), though 90-day outcomes remain unmeasurable; her broader cross-ticker track record of 2 prior sells averaged -17.1% 30-day returns. The company remains unprofitable (net income $-167,329,000.00) with minimal revenue growth (+0.8% annually), a context that frames this sale of a material position by a senior executive against the recent share price strength.

General Counsel Diane Nguyen sold 85,762 shares (85.8K shares) for $1,610,053.59 via 2 sales at blended average $18.77

General Counsel Diane Nguyen executed two separate sales totaling 85.8K shares on 2025-05-23, reducing her holdings by 12.7% from 676.1K to 590.3K shares. The sales occurred at $18.98 and $18.77 per share, exceeding the current price of $17.55 by over 1% on a blended basis. The transaction is noteworthy in the context of D-Wave's unprofitable operations (full-year net income of $-5.4M) and minimal revenue growth of 0.8% year-over-year. The sale represents the largest dollar-value reduction in her post-transaction holdings at a price point near the 52-week high of $19.04, occurring within a period of significant stock appreciation (+138.1% over 30 days and +215.6% over 90 days).