QBTS Stock Drops 8% as D-Wave Insider Filings Point to Routine Tax Moves, Not Insider Selling
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D-Wave Quantum Inc. (QBTS) saw its stock drop 8.04% to $20.35 following Form 4 filings by executives indicating routine tax-related share withholding, not insider selling. CEO Alan Baratz, CHRO Sophie Ames, and Chief Legal Officer Diane Nguyen had shares withheld to cover taxes on vested restricted stock units, retaining significant holdings post-withholding.
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