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SEC EDGARJUN 82 min read$QBTS

DiLullo John D sold $192K of QBTS

DiLullo John D sold 7,850 shares of D-Wave Quantum Inc. (QBTS) at $24.43 ($0.19M total) on 2026-06-05 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · DiLullo John D
Published Jun 8, 2026, 8:14 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jun 8, 2026, 8:16 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$QBTS
Neutral
high confidence
Mentioned
$QBTS
Relevance
3/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$QBTSNeutralLow
01

Why it matters

The filing confirms the sale size, price, and that it was executed under a pre-arranged 10b5-1 plan, which generally limits interpretive impact on fundamentals.

02

Market read

Provides a fresh, primary-source datapoint on insider selling, but lacks new business or regulatory catalysts.

03

What to watch

Traders may over-weight insider sales; without accompanying buy/sell pattern context or new operational/regulatory news, the signal is usually weak.

Relevance 3/10Novelty 8/10Timing: filed 2026-06-08 (covers sale dated 2026-06-05)

Background

The article is an SEC Form 4 insider transaction filing (director selling shares) for D-Wave Quantum Inc.

Company-level read

Ticker impact

$QBTSNeutralHigh confidence
Context

Director John D DiLullo sold 7,850 shares of D-Wave Quantum on 2026-06-05 for ~$191.8K via an open-market sale under a 10b5-1 plan.

Expected impact

Low likelihood of sustained price impact; any reaction is likely muted and short-lived.

Evidence & confidence

The disclosure is a Form 4 insider transaction and explicitly states a pre-arranged 10b5-1 plan, which typically reduces interpretive weight versus discretionary selling.

Market effects

Sector

No direct sector read-through; this is company-specific insider liquidity disclosure.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

Because the sale is under a 10b5-1 plan, it may reflect scheduled diversification rather than bearish expectations.

Key entities

  • issuer
    D-Wave Quantum Inc.

    QBTS, the company whose director executed an open-market sale under a 10b5-1 plan.

  • insider
    John D DiLullo

    Director who sold 7,850 shares on 2026-06-05.

Read at source← All news

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