"D-Wave Quantum CEO sells shares worth $23.2 million."

Large Stock Sale by D-Wave Quantum CEO

Alan E. Baratz, the CEO of D-Wave Quantum, made headlines by executing a significant insider sale of 806,288 shares for $23.2 million on November 11. This large transaction has drawn considerable attention from investors.

What is Insider Trading?

Insider trading refers to the buying and selling of shares by members of a company's board or privileged shareholders. A stock sale can often serve as an important indicator for investors to understand the internal dynamics of a company.

Other Significant Insider Sales and Purchases

The sale by D-Wave Quantum’s CEO stands out within the industry. Other notable insider transactions include the following:

• Upstart (UPST) CTO Paul Gu purchased 100,000 shares for $3.9 million on November 11.
• Greif (GEF) CFO Lawrence Hilsheimer bought 21,751 shares for $1.4 million on November 12.
• Datadog (DDOG) CTO Alexis Le-Quoc sold 53,912 shares for $10.6 million on November 11.
• Figma (FIG) CRO Shaunt Voskanian sold 403,335 shares for $17.4 million on November 10.
• Roblox (RBLX) CEO David Baszucki sold 66,896 shares for $6.9 million on November 11.

These transactions provide investors with insights into internal developments. However, the information presented here does not constitute investment advice.