Christian Weedbrook, 10% holder & director & executive of Xanadu Quantum Technologies Limited (TSX:XNDU), unloaded 4,600,000 Subordinate Voting Shares at an average of $6.89 — a $31.7M sale on Sep 22, 2026.
The sale trims about 89% of their position. One other insider at the company also sold this week. They still hold 576,934 shares — a stake worth roughly $4.1M at the time of writing.
XNDU shares were trading around $7.19, down 4.4% in the latest session and down 59% over the past three months. The stock has ranged from $7.19 to $48.89 over the past 52 weeks and is hovering just 1% above the low end.
