IonQ (IONQ) director Cardillo exercises options and sells 2,500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IonQ, Inc. director and Executive Chair of IonQ Federal Robert T. Cardillo exercised stock options and sold shares under a pre-arranged trading plan. On April 16, 2026, he exercised options to acquire 2,500 shares of common stock at $11.24 per share and sold 2,500 shares of common stock at $44.90 per share in an open-market transaction. After these transactions, he directly held 139,967 shares of common stock. The filing notes the trades were made pursuant to a Rule 10b5-1 trading plan adopted on March 12, 2025 and amended on June 13, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,500 shares ($112,250)
Net Sell
3 txns
Insider
Cardillo Robert T.
Role
Director
Sold
2,500 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,500 | $0.00 | -- |
| Exercise | Common Stock | 2,500 | $11.24 | $28K |
| Sale | Common Stock | 2,500 | $44.90 | $112K |
Holdings After Transaction:
Stock Option (Right to Buy) — 12,547 shares (Direct);
Common Stock — 142,467 shares (Direct)
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2025 and amended on June 13, 2025. One-third of the shares subject to the option vested or will vest on February 26, 2025 and each one-year anniversary thereafter, subject to the Reporting Person's continued service through each such vesting date.
Key Figures
Options exercised: 2,500 shares
Exercise price: $11.24/share
Shares sold: 2,500 shares
+3 more
6 metrics
Options exercised
2,500 shares
Stock Option (Right to Buy) exercised on April 16, 2026
Exercise price
$11.24/share
Price paid per share on option exercise
Shares sold
2,500 shares
Common stock open-market sale on April 16, 2026
Sale price
$44.90/share
Price received per share in open-market sale
Common shares held after
139,967 shares
Direct IonQ common stock holdings after transactions
Derivative shares after exercise
12,547 options
Stock options reported as held following derivative transaction
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did IonQ (IONQ) director Robert T. Cardillo do in this Form 4 filing?
Robert T. Cardillo exercised stock options for 2,500 IonQ shares and sold 2,500 shares in the open market. These transactions were part of a pre-arranged Rule 10b5-1 trading plan and left him with 139,967 common shares held directly.
Were Robert T. Cardillo’s IonQ (IONQ) trades made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transactions were effected pursuant to a Rule 10b5-1 trading plan. That plan was adopted on March 12, 2025 and later amended on June 13, 2025, indicating the sales were pre-scheduled rather than timed opportunistically.
What type of securities did Robert T. Cardillo exercise in this IonQ (IONQ) filing?
He exercised a "Stock Option (Right to Buy)" covering 2,500 underlying IonQ common shares at an exercise price of $11.24 per share. The option is scheduled to vest in thirds around February 26 of successive years, subject to continued service conditions.