D-Wave Quantum CFO Sells 200,000 Shares for $4.6 Million. Is the Quantum Computing Trade Dead?

This quantum computing firm serving enterprise clients across sectors reported significant insider selling in its latest SEC disclosure.John M. Markovich, Chief Financial Officer of D-Wave Quantum (QBTS 9.31%), exercised 200,000 stock options and immediately sold the resulting common shares for a transaction value of 4,588,000accordingtotheSECForm4filing.TransactionsummaryMetricValueSharessold200,000Transactionvalue4,588,000 according to the SEC Form 4 filing.Transaction summaryMetricValueShares sold200,000Transaction value4.59 millionPost-transaction shares937,559Post-transaction value (direct ownershi ...