Form 4: IonQ CFO Thomas Kramer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
IonQ's Chief Financial Officer, Thomas G. Kramer, sold shares of common stock on March 11, 2024, to cover statutory tax withholding obligations related to the vesting of restricted stock units.
Summary
- On March 11, 2024, Thomas G. Kramer, the CFO of IonQ, Inc., sold 19,672 shares of IonQ common stock.
- The sale was executed to cover statutory tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a weighted average price of $10.1956, with individual transactions ranging from $9.758245 to $10.216169.
- Following the transaction, Kramer directly owns 954,224 shares of IonQ common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and doesn't indicate any significant positive or negative sentiment.
Industry Context
Sales to cover tax obligations are a routine part of equity compensation for executives at publicly traded companies.
Stakeholder Impact
- The sale has a minimal impact on shareholders as it is a standard transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock sale transaction. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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