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.

CFO Markovich sells 100,000 QBTS shares at $30.03; $3.0M proceeds under pre-arranged 10b5-1 plan adopted Aug 2025

Markovich sold 100,000 shares at $30.03, reducing his holdings from 1,571,312 shares to 1,471,312 shares. This sale was executed under a pre-arranged 10b5-1 trading plan adopted on 2025-08-21, meaning the transaction was scheduled in advance rather than discretionary. Despite the reduction of 6.4% of pre-transaction holdings, the CFO retained 1,471,312 shares post-transaction, indicating continued substantial ownership. The pre-arranged nature of this transaction removes it from discretionary signaling—it reflects a previously established program, not a current market view.

D-Wave CFO Markovich sells 200,000 shares for $5,261,000.00 via scheduled 10b5-1 plan

John M. Markovich, Chief Financial Officer of D-Wave Quantum Inc., executed two separate sales totaling 200,000 shares (200.0K shares) for $5,261,000.00 on 2025-12-03 and 2025-12-04, reducing his holdings from 1,682,874 shares to 1,482,874 shares. This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-21, meaning the sales were scheduled rather than discretionary. The CFO retains substantial holdings of 1.48M shares post-transaction, maintaining meaningful financial alignment with the company.

CFO John M. Markovich sold 200,000 shares of QBTS at $22.94 via 10b5-1 plan adopted 2025-08-21

Markovich, CFO of D-Wave Quantum Inc., sold 200,000 shares (200.0K shares) for $4,588,000.00 (total value). This sale is governed by a pre-arranged 10b5-1 trading plan adopted on 2025-08-21, meaning execution is scheduled and mechanical rather than discretionary. Post-transaction, Markovich holds 1,482,874 shares (1.48M shares), down from 1,682,874 shares (1.68M shares) pre-transaction. As a CFO with substantial remaining stake, the scheduled nature of this disposition under a 10b5-1 plan precludes inference about current market timing or conviction; such plans are typically set up during ordinary trading windows to provide insiders with predetermined, compliant exit schedules independent of blackout periods or material information flows.

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).