Ghai Rohit sold $357K of QBTS
Ghai Rohit sold 13,518 shares of D-Wave Quantum Inc. (QBTS) at $26.41 ($0.36M total) on 2026-06-15 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosure updates the insider’s ownership level but does not introduce new fundamentals (no earnings, guidance, deal, or regulatory action). Traders may still monitor for patterns of insider activity beyond this single sale.
Market read
A routine 10b5-1 insider sale for ~$357K; likely limited incremental trading catalyst.
What to watch
The article provides only the sale size and that it was pre-arranged; it does not indicate whether other insiders bought, whether the plan is part of scheduled diversification, or whether the stock price moved materially around the sale date.
Background
This is an SEC Form 4 insider transaction disclosure for a director of D-Wave Quantum, including trade size, price, and post-transaction holdings.
Ticker impact
D-Wave Quantum director Ghai Rohit sold 13,518 shares in an open-market transaction for about $357K under a 10b5-1 plan.
Low near-term impact; any effect is likely sentiment-only and short-lived.
The filing is a Form 4 insider sale explicitly tied to a pre-arranged 10b5-1 plan, which usually reduces interpretive weight versus discretionary selling.
Market effects
Minimal—this is company-specific insider activity with no sector-wide regulatory/product signal.
None indicated.
None indicated.
Counterpoint
Even with a 10b5-1 plan, repeated insider selling can still be read by some traders as a mild negative read-through on near-term expectations.
Key entities
- issuerD-Wave Quantum Inc.
Company whose director insider sale is disclosed on SEC Form 4.
- insiderGhai Rohit
Director who sold 13,518 shares under a pre-arranged 10b5-1 plan.
