IonQ (IONQ) grants 4,526 restricted stock units to director Scannell
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scannell William F reported acquisition or exercise transactions in this Form 4 filing.
IonQ, Inc. director William F. Scannell received a grant of 4,526 shares of Common Stock in the form of a restricted stock unit (RSU) award at no cash cost per share. The RSUs vest in full on the earlier of the day before the following year’s Annual Meeting or June 17, 2027, if he continues serving on the Board of Directors through that date. After this award, Scannell holds 145,086 shares of IonQ common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scannell William F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,526 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 145,086 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU award size: 4,526 shares
Transaction price per share: $0.0000 per share
Shares held after transaction: 145,086 shares
+1 more
4 metrics
RSU award size
4,526 shares
Restricted stock unit grant of Common Stock
Transaction price per share
$0.0000 per share
Stated price for RSU grant
Shares held after transaction
145,086 shares
Direct Common Stock ownership after RSU grant
RSU vesting date latest
June 17, 2027
Latest possible full vesting date for RSU award
Key Terms
restricted stock unit ("RSU") award, vest, Annual Meeting, Board of Directors
4 terms
restricted stock unit ("RSU") award financial
"Represents a restricted stock unit ("RSU") award."
vest financial
"The RSUs will vest in full on the earlier of..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Annual Meeting financial
"the day before the date of the following year's Annual Meeting..."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Board of Directors financial
"subject in all cases to the Reporting Person's continued service as a member of the Board of Directors..."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did IonQ (IONQ) report for William F. Scannell?
IonQ reported that director William F. Scannell received a grant of 4,526 restricted stock units representing Common Stock. This was a compensation-related award at a stated price of $0.0000 per share, not an open-market purchase or sale of shares.
What is the vesting schedule for William F. Scannell’s new IonQ RSU award?
The 4,526 RSUs awarded to William F. Scannell will vest in full on the earlier of the day before the next year’s Annual Meeting or June 17, 2027, provided he continues serving as a member of IonQ’s Board of Directors through the applicable vesting date.
Was the IonQ (IONQ) Form 4 transaction an open-market buy or sell?
No, the Form 4 reports a grant of 4,526 restricted stock units to William F. Scannell as a compensation award. The transaction code is "A" for grant, with a transaction price of $0.0000 per share, indicating it was not an open-market purchase or sale.
Does William F. Scannell’s IonQ RSU award depend on continued board service?
Yes, the RSU footnote states the 4,526-share award will vest only if Scannell continues serving as a member of IonQ’s Board of Directors through the vesting date, which is the earlier of the day before the next Annual Meeting or June 17, 2027.