[Form 4] IonQ, Inc. Insider Trading Activity
Rhea-AI Filing Summary
IonQ director and CEO received a restricted stock unit award totaling 485,319 shares that vests over three years with quarterly vesting on March 10, June 10, September 10 and December 10, contingent on continued service. Following this grant the reporting person beneficially owns 1,197,306 shares. The award is reported as acquired at a $0 price because it is an RSU grant rather than a purchase. The filing documents the grant date and vesting schedule but does not include performance-based conditions; vesting is tied to continued service through each vesting date.
Positive
- None.
Negative
- None.
Insights
TL;DR: A sizable time‑based RSU award aligns management with shareholders but increases share count temporarily until vested.
The grant of 485,319 RSUs to the reporting person is presented as a time‑based retention award vesting quarterly over three years, which is a common governance tool to retain senior executives and link long‑term incentives to share price performance. The filing shows 1,197,306 shares beneficially owned post‑grant, clarifying insider exposure. The document does not disclose performance metrics or additional conditions beyond continued service, so stakeholders must rely on the company’s equity plan for further detail.
TL;DR: The RSU size is material for executive pay; it is purely service‑based with quarterly vesting over three years.
This award represents a significant equity grant of 485,319 RSUs that vests 1/12th quarterly, indicating a standard multi‑year retention structure. Reporting shows acquisition coded as an award rather than a market purchase (price reported as $0), consistent with RSU accounting. Without disclosed performance conditions in this filing, the grant appears to deliver value to the recipient regardless of operational outcomes, subject only to continued service through scheduled vesting dates.