[144] IonQ, Inc. SEC Filing
Form 144 notice reports a proposed sale of 158,330 shares of common stock of the issuer through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $6,806,606.70. The shares were acquired on 02/24/2021 via previously exercised stock options and payment was recorded the same day. The filing lists prior sales by the same account in the past three months totaling 406,630 shares for $16,759,629.40. The notice includes the standard Rule 144 representation and references reliance on 10b5-1 sales in several prior transactions.
- Proposed sale is documented under Rule 144 with broker details provided (Morgan Stanley Smith Barney).
- Securities were acquired via previously exercised stock options on 02/24/2021, with payment noted the same day.
- Several prior 10b5-1 sales are explicitly identified, indicating use of prearranged trading plans for past transactions.
- Insider sold 406,630 shares in the past three months for total gross proceeds of $16,759,629.40.
- Proposed sale of 158,330 shares has an aggregate market value of $6,806,606.70, which could be perceived as insider monetization.
Insights
TL;DR: Routine insider Rule 144 notice for option-derived shares; prior 10b5-1 sales show material monetization but small relative to outstanding shares.
The filing documents a covered sale of 158,330 shares acquired by option exercise on 02/24/2021, with a reported aggregate market value of $6,806,606.70. Recent 10b5-1 programmed sales over the past three months total 406,630 shares yielding $16,759,629.40. Compared with the reported 296,837,796 shares outstanding, these disposals represent a very small percentage of the float, indicating routine liquidity management rather than a large-scale divestiture. The filing itself follows Rule 144 disclosure norms and names the executing broker.
TL;DR: Compliance-focused filing; transactions appear documented under Rule 144 and several sales reference Rule 10b5-1 plans.
The notice states the seller represents no undisclosed material adverse information and indicates reliance on prior 10b5-1 sales for several transactions listed. Acquisition details show the securities originated from previously exercised options, with payment completed on the acquisition date. The form includes broker identification for the proposed sale, consistent with required broker disclosure. No other compliance exceptions or irregularities are disclosed in the provided content.