IONQ Form 4: Jim Frankola Receives 4,413 RSUs, Vesting by June 18, 2026
Rhea-AI Filing Summary
IonQ director Jim Frankola received a grant of 4,413 restricted stock units (RSUs) on 08/26/2025. The RSUs were reported on a Form 4 and are scheduled to vest in full on the earlier of the company’s 2026 Annual Meeting (or immediately prior if his board service ends) or June 18, 2026, but only if he remains a board member through the vesting date. The grant was reported as a zero-price award, consistent with typical director compensation in the form of equity awards. The Form 4 was executed by an attorney-in-fact on 08/28/2025.
Positive
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Insights
TL;DR: Small, routine director equity grant; minimal near-term financial impact on IonQ.
The 4,413 RSU award to a director represents standard equity-based compensation intended to align director interests with shareholders. The award vests within about ten months subject to continued service, which creates retention incentive but limited dilution given the modest share count. There are no cash implications disclosed and no derivative transactions reported. For investors, this filing signals routine governance practices rather than material corporate action.
TL;DR: Governance-normal RSU issuance to a director with time-based vesting; administrative disclosure only.
The Form 4 discloses a time-based RSU grant with explicit vesting tied to board service and the 2026 Annual Meeting or June 18, 2026. This structure is commonly used to retain non-employee directors and align incentives. The reporting of the grant, execution by attorney-in-fact, and clear vesting conditions reflect compliance with Section 16 reporting obligations. No departures, policy changes, or unusual clauses are present in the filing.