Rafal Janik, executive of Xanadu Quantum Technologies Limited (TSX:XNDU), exercised 325,550 options at an exercise price of US$0.19 and sold 325,550 Subordinate Voting Shares on the open market at an average of US$4.88, a US$1.6M sale (about C$2.3M) between Sep 28, 2026 and Sep 29, 2026, disclosed Sep 30, 2026.
The exercise and sale left the direct holding unchanged at 6,781 shares, worth about C$44K at the Sep 30, 2026 close. One other insider at the company also sold in the 7 days to Sep 30, 2026.
XNDU closed at C$6.51 on Sep 30, 2026, down 62% over the prior three months. In the 52 weeks to that date it closed between C$6.51 and C$48.89, and that close was 1% above the low.
