Rafal Janik, executive of Xanadu Quantum Technologies Limited (TSX:XNDU), unloaded 332,812 Subordinate Voting Shares at an average of $5.86 — a $2.0M sale on Sep 22, 2026, disclosed Sep 25, 2026.
The sale trims about 98% of their position. One other insider at the company also sold this week. They still hold 6,781 shares — a stake worth roughly $48K at the time of writing.
XNDU shares were trading around $7.06, down 1.8% in the latest session and down 59% over the past three months. The stock has ranged from $7.06 to $48.89 over the past 52 weeks and is hovering just 1% above the low end. The insider's average price of $5.86 is 17% below where the stock traded when this was written.
