IONQ insider sell-to-cover: 4,175 shares sold to cover RSU taxes
Rhea-AI Filing Summary
IonQ director and Chief Administrative Officer Paul T. Dacier sold 4,175 shares of IonQ common stock on 09/11/2025 at a weighted average price of $44.4016 per share, reducing his beneficial ownership to 114,454 shares. The filing states the sale was a "sell-to-cover" to satisfy statutory tax withholding obligations arising from the vesting of restricted stock units, and the reported sales occurred at prices ranging from $43.41 to $45.505. The Form 4 was signed by an attorney-in-fact on 09/12/2025.
Positive
- Disclosure provided that sale was a mandated "sell-to-cover" for RSU tax withholding, improving transparency
Negative
- None.
Insights
TL;DR Insider executed a routine "sell-to-cover" RSU tax-withholding sale; disclosure is standard and non-operational.
The reported disposition of 4,175 shares by a director/officer reflects a mandated tax-withholding sale tied to RSU vesting rather than a discretionary sale. The weighted-average price reported is $44.4016, with individual trade prices between $43.41 and $45.505. From a governance and disclosure perspective, timely Form 4 reporting and provision of price range details are positive for market transparency. This transaction does not by itself indicate a change in company operations or financial condition.
TL;DR Transaction is a standard sell-to-cover for tax withholding on vested RSUs; not indicative of insider sentiment change.
The Form 4 clarifies the sale was to satisfy statutory tax withholding obligations following RSU vesting, a common practice under equity incentive plans. The seller's remaining beneficial ownership was disclosed as 114,454 shares after the transaction. The filer offers to provide detailed per-trade quantities upon request, which supports record transparency but provides no new operational or financial metrics.