Alan Baratz files Form 144 planned sale of QBTS worth $18.0MAlan Baratz 提交 Form 144，计划减持 D-Wave Quantum Inc. (QBTS) $18.0M
Planned Insider Sale Details
On June 8, 2026, Alan Baratz, an affiliate of D-Wave Quantum Inc. (ticker QBTS), filed a Form 144 with the U.S. SEC, proposing to sell 687,627 shares of the company’s common stock for an aggregate market value of approximately $18.0 million, with the proposed sale date matching the filing date. The filing is accessible via the SEC archival link: https://www.sec.gov/Archives/edgar/data/1907982/000197449426000226/primary_doc.xml. Form 144 serves as a pre-notification of proposed stock sales for corporate affiliates, and this disclosure directly alerts market participants to potential future share supply changes for QBTS.
Contextual Background
This proposed sale is not an isolated event: over the past month, QBTS has disclosed multiple insider transactions, including Chief Financial Officer John M. Markovich selling 328,752 shares on May 27, 2026, and multiple directors receiving equity awards on June 5, 2026. Additionally, as of December 31, 2025, institutional investors held 49.6% of QBTS’s floating stock, with 550 total institutional holders, an increase of 41 from the prior quarter. Analyst ratings have remained stable over the past two months, with 1 strong buy, 12 buy, and 2 hold ratings, with no significant shifts.
Signal Limitations and Next Steps
This signal does not confirm the following: first, it is not any investment advice or price prediction for QBTS; second, the proposed sale may only reflect personal asset diversification or liquidity needs, and does not signal a negative view of the company’s long-term prospects; third, filing a Form 144 only represents an intent to sell, and the final execution, timing, and price of any sale remain uncertain.
拟议内幕出售详情
2026年6月8日，D-Wave Quantum Inc.（股票代码QBTS）的关联方Alan Baratz向美国证券交易委员会（SEC）提交了Form 144文件，计划出售687,627股公司普通股，总市值约1800万美元，拟出售日期与文件提交日一致。该文件可通过SEC档案链接https://www.sec.gov/Archives/edgar/data/1907982/000197449426000226/primary_doc.xml查询。Form 144为上市公司关联方的预先出售通知，该披露直接提醒市场参与者关注QBTS未来潜在的股票供应变化。
关联背景参考
本次出售计划并非孤立事件：近一个月内，QBTS已有多笔内幕交易披露，包括首席财务官John M. Markovich在2026年5月27日出售328,752股股票，以及多位董事在2026年6月5日获得股权激励。此外，截至2025年12月31日，QBTS的机构持股比例达流通股的49.6%，共有550家机构持有者，较上一季度增加41家；分析师评级分布近两个月维持为1家强力买入、12家买入、2家持有，未出现显著调整。
信号局限与后续关注
该信号不包含以下明确信息：其一，这并非任何投资建议，也不构成对QBTS股价的预判；其二，本次拟出售可能仅用于资产多元化或个人流动性需求，未必反映对公司长期前景的负面评估；其三，提交Form 144仅代表出售意向，最终是否执行、执行的时间和价格均存在变数。
This analysis was generated by InvestLog AI based on SEC filings, Form 4 insider transactions, Form 144 planned-sale notices, 13F institutional holdings, analyst ratings, and market data. It is for informational purposes only and does not constitute investment advice.这篇研究由 InvestLog AI 基于 SEC 披露、Form 4 内部人交易、Form 144 计划减持、13F 机构持仓、分析师评级和市场数据生成。内容仅供参考，不构成投资建议。