John M. Markovich

CFO John M. Markovich sold 246,043 shares ($6.2M) in 3 transactions; stock now -48.8% from 52-week high but +17.6% in 30 days.

John M. Markovich, CFO of D-Wave Quantum Inc., executed 3 separate sales totaling 246,043 shares for $6,248,492.43 on 2026-06-12 and 2026-06-15, reducing his holdings from 1,378,279 shares to 1,132,236 shares. His prior 5 sales at QBTS were all well-timed at the 90-day mark, with negative 90-day returns ranging from -15.1% to -47.6%. The current stock price of $23.94 is -48.8% from the 52-week high of $46.75, yet +17.6% over the prior 30 days and +45.2% over 90 days, creating a sharp divergence between recent momentum and valuation relative to recent peaks. The company reported $2.9M quarterly revenue with -$18.4M net income and remains unprofitable on a full-year basis despite +178.5% annual revenue growth, presenting a disconnect between growth trajectory and profitability. The timing and scale of this sale in the context of the insider's established pattern at this ticker and recent stock volatility warrant close monitoring of near-term price action and any forward guidance.

D-Wave CFO Markovich sells 51,049 shares at $26.24/$26.54 for $1.3M; stock now $23.26, down 50.2% from 52-week high.

John M. Markovich, CFO of D-Wave Quantum Inc. (QBTS), executed 2 separate sales totaling 51,049 shares for $1,339,546.76 across June 8–9, 2026, at an average blended price of $26.24. The stock now trades at $23.26, a 50.2% decline from its 52-week high of $46.75, and is down 3.2% over the past 30 days despite a strong 90-day gain of 30.4%. Markovich's prior 5 sells at this ticker all showed negative 90-day returns (ranging from -15.1% to -47.6%), establishing a pattern of well-timed exits at QBTS; all 5 prior same-ticker sales were well-timed at the 90-day mark. Against this backdrop of consistent early exits before declines and the company's current unprofitability—despite 178.5% annual revenue growth—this disposal of 51,049 shares (reducing his holdings by 3.5% to 1.39M shares) extends his established timing pattern, though the price action post-transaction will determine whether this sale joins his prior pattern of well-timed exits at this ticker.

CFO John Markovich sold 328,752 shares of D-Wave (QBTS) at $27.70; all 5 prior sales at QBTS were well-timed.

CFO John M. Markovich sold 328,752 shares of QBTS at $27.70 for $9,107,646.78, reducing his holdings from 1.77M to 1.44M shares (−18.6%). Notably, all 5 of his prior sales at QBTS over the past six months exhibited negative 90-day returns (ranging from −15.2% to −47.6%), establishing a consistent pattern of well-timed exits before subsequent share-price weakness. This sale occurs as the stock trades 41.2% below its 52-week high of $46.75, yet up 46.2% over the past 30 days. The company remains unprofitable with a −$18.4M net loss in the latest quarter, despite revenue growth of 178.5% year-over-year. The repeated pattern of selling ahead of declines at this specific ticker—combined with depressed valuation relative to recent highs and ongoing losses—warrants attention to whether this trade reflects forward-looking concerns about near-term momentum reversal or fundamental sustainability.

D-Wave CFO Markovich sells 100,000 shares ($3.0M) at $30.03; stock down 35.0% from 52-week high despite 30-day rally of +42.7%

CFO John M. Markovich sold 100,000 shares of QBTS for a total value of $3,002,620.00 at $30.03 on 2025-12-22, reducing his holdings to 1,471,312 shares. The sale occurs while the stock is trading 35.0% below its 52-week high of $44.78, and the current price of $29.12 is below the transaction price, implying the stock has moved lower since the sale. This is the latest in a series of four sales within the past 50 days (2025-12-04, 2025-12-03, 2025-11-20, 2025-11-13), suggesting sustained disposition activity. The company remains deeply unprofitable with a net income of $-140.0M against quarterly revenue of $3.7M and minimal annual growth of 0.8%, creating a fundamental backdrop of operational stress. Markovich's cross-ticker track record shows a 90-day well-timed sell rate of 33.33%, though his same-ticker history at QBTS shows 0 of 1 measurable 90-day outcomes being well-timed, leaving tick-specific predictive power unclear.

D-Wave CFO sells 200,000 shares for $5,261,000 in 2 transactions; stock down 39.7% from 52-week high amid $140M annual loss

CFO Markovich sold 200,000 shares (11.9% of his pre-transaction holdings) across two separate transactions on 2025-12-03 and 2025-12-04, at $25.05 and $27.56 respectively, for a combined $5,261,000.00. The sales occur while QBTS trades -39.7% from its 52-week high of $44.78, though up 75.7% over the prior 90 days. D-Wave remains deeply unprofitable with a full-year net income of $-139,986,000.00 against quarterly revenue of just $3,739,000.00, indicating fundamental distress beneath recent price appreciation. Among his prior five sales at this ticker since September, all showed strong near-term price gains afterward (ranging 88.7% to 102.6% over 30 days), yet measurable 90-day outcomes are not yet available to assess whether those rebounds held. The timing of a substantial near-$5.3M reduction in holdings during a period of volatile gains and structural losses merits investor attention to both the company's path to profitability and the CFO's confidence outlook.

D-Wave CFO Markovich sells 200,000 shares ($4.6M) at $22.94; stock now -54.4% from 52-week high, -25.2% in 30 days

Chief Financial Officer John M. Markovich sold 200,000 shares (11.9% of his pre-transaction holdings) at $22.94 on 2025-11-20, realizing $4,588,000.00. The sale occurs after significant recent price deterioration: the stock is -54.4% from its 52-week high of $44.78 and has fallen -25.2% over the past 30 days, now trading at $20.41. At the same-ticker level, Markovich's prior four measurable QBTS sells (on 2025-09-12, 2025-09-11, 2025-09-10, and 2025-08-12) showed strong 30-day returns of +88.7%, +102.6%, +102.6%, and -8.2% respectively, but only 1 of his 5 same-ticker prior sales proved well-timed at the 90-day horizon. His cross-ticker track record shows 7 prior sells with a 90-day well-timed rate of 66.67%, yet the company's fundamentals remain deeply challenged: $3,739,000.00 in latest quarterly revenue, -$139,986,000.00 in net income, and annual revenue growth of only +0.8%. Investors should note that the CFO's sale pattern at QBTS has not demonstrated reliable downside timing at longer horizons, and the company remains unprofitable with minimal revenue growth despite its $7.1B market capitalization.

CFO John M. Markovich sold 98,060 shares (98.1K) of QBTS at $23.17 on 2025-11-13 for $2,272,481.66; stock has declined 47.3% from 52-week high

CFO John M. Markovich sold 98,060 shares of D-Wave Quantum Inc. at $23.17, reducing his holdings by 6.2% from 1,580,934 to 1,482,874 shares and generating $2.3M in proceeds. This sale occurs as QBTS trades -47.3% from its 52-week high of $44.78 and has declined 47.3% over the past 30 days. Markovich's prior trades at QBTS show mixed timing outcomes: three recent sales in September 2025 captured substantial 30-day gains (88.7%, 102.6%, 102.6%), while his May and August 2025 sales showed his cross-ticker 90-day well-timed rate of 66.67%. The company is unprofitable with net income of -$140.0M on revenue of $3.7M (latest quarter) and annual revenue growth of only 0.8%, indicating structural challenges. The sale timing relative to the sharp recent drawdown, combined with the company's weak fundamentals and the stock's proximity to distressed valuations, warrants investor monitoring of whether this reflects confidence-restoring after volatility or recognition of deeper issues.

CFO Markovich sold 150,000 shares ($2.5M) at $16.30–$17.50 across three days; holds 1,599,511 shares post-sale at unprofitable QBTS.

Markovich John M., CFO of D-Wave Quantum Inc., executed 3 separate sales totaling 150,000 shares for $2,505,000.00 at an average price of $16.70 across September 10–12, 2025, reducing his holdings by 8.6% to 1.60M shares. The company is trading at $17.76 (12.5% below its 52-week high) and faces significant headwinds: the most recent quarter reported only $3.1M in revenue against a net loss of $167.3M, with minimal annual revenue growth of 0.8% and a full fiscal year of unprofitability. Markovich's cross-ticker timing track record shows a 90-day well-timed rate of 100.00%, and at QBTS specifically, both prior measurable sales (May 2025) were well-timed at the 90-day mark, though the August 2025 sale outcome remains incomplete. This sale warrants attention given the scale of the divestiture, the company's unprofitable fundamentals, and the insider's demonstrated accuracy in prior sell timing, though the rapid three-day execution and sustained near-recent-high prices suggest no apparent market stress signal at the time of sale.

CFO Markovich sells 100,000 shares ($1.8M) of D-Wave at $18.00; holds 1.56M shares post-sale

Markovich John M., Chief Financial Officer of D-Wave Quantum Inc., sold 100,000 shares (100.0K shares) for $1,800,000.00 ($1.8M) on 2025-08-12, reducing holdings from 1.66M to 1.56M shares (-6.0%). The company remains unprofitable with net income of $-167,329,000.00 ($-167.3M) in its most recent full fiscal year against quarterly revenue of $3,095,000.00 ($3.1M), presenting a fundamental context of significant cash burn. At the transaction price of $18.00, the stock has since moved to $18.18 (current price), and his prior QBTS sales on 2025-05-21 showed 30-day returns of -7.1% and -11.8%, suggesting a pattern of selling into strength or at local peaks, though 90-day outcomes remain unmeasurable for those earlier trades. His cross-ticker track record across 2 prior open-market sells shows an average 30-day return of -9.5%, indicating his sales have not consistently preceded immediate declines.

D-Wave CFO John M. Markovich sells 400,000 shares for $6,920,000.00 at blended average price $17.30 amid 163.7% 30-day surge.

John M. Markovich, D-Wave's Chief Financial Officer, executed 2 separate sales totaling 400,000 shares for $6,920,000.00 on 2025-05-21, reducing his holdings by 20.2% from 1,977,944 to 1,577,944 shares. The transactions occurred at a blended average price of $17.30 per share, near the current price of $18.80. The timing is notable given D-Wave's 30-day price surge of +163.7% and 90-day surge of +159.3%, though the company remains unprofitable (full-year net income negative, latest quarterly revenue $15,001,000.00 against net income loss of $-5,421,000.00). The disposal of a substantial block by a CFO at elevated valuations, while the company shows minimal revenue growth (annual growth +0.8%) and persistent losses, represents a material reduction in insider exposure to the equity despite the stock's near-52-week-high positioning ($18.80 vs $19.04 high).