Rafal Janik, executive of Xanadu Quantum Technologies Limited (TSX:XNDU), exercised 339,593 options or warrants at an exercise price of US$0.33 and sold 332,812 Subordinate Voting Shares on the open market at an average of US$5.86, a US$2.0M sale (about C$2.8M) on Sep 22, 2026, disclosed Sep 25, 2026.
Janik now holds 6,781 shares directly, worth about C$48K at the Sep 25, 2026 close. One other insider at the company also sold in the 7 days to Sep 25, 2026.
XNDU closed at C$7.06 on Sep 25, 2026, down 59% over the prior three months. In the 52 weeks to that date it closed between C$7.06 and C$48.89, and that close was 1% above the low.