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EdgarHawk

Diane Nguyen

EVP, Chief Legal Officer & GC

Officer

Latest: CLO selling · May 2026

4 filings analyzed · 1 company · Latest 2026-05-22

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Companies

Company Buys Sells Direction
D-Wave Quantum Inc. QBTS 0 4 Net selling

Activity

May 2026
2026-05-22 D-Wave Quantum Inc. QBTS 10b5-1 Plan
medium
Sell
40,000 shares
$1,000,560
Significance 5/10

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.

January 2026
2026-01-15 D-Wave Quantum Inc. QBTS 10b5-1 Plan
low
Sell
24,519 shares
$703,972
Significance 4/10

EVP & Chief Legal Officer Diane Nguyen sold 20,000 QBTS shares at $28.86 on 2026-01-13 under pre-arranged 10b5-1 plan.

Diane Nguyen, EVP and Chief Legal Officer of D-Wave Quantum Inc., sold 20,000 shares ($577,158.00 total value) on 2026-01-13 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-08-14. The sale reduced her holdings from 564,108 shares to 544,108 shares, representing a 3.5% reduction. Because this transaction is scheduled under a 10b5-1 plan rather than discretionary, it reflects pre-committed trading rules and does not signal a change in the executive's conviction or market outlook at the time of execution. Investors should note that the filing contains a filer coding anomaly where one line was excluded due to a conflict between the transaction code and filing flags.

August 2025
2025-08-14 D-Wave Quantum Inc. QBTS
medium
Sell
69,270 shares
$1,259,315
Significance 5/10

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.

May 2025
2025-05-28 D-Wave Quantum Inc. QBTS
high
Sell
85,762 shares
$1,610,054
Significance 6/10

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).

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