Form 4: IonQ Chief Revenue Officer Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Rima Alameddine, Chief Revenue Officer of IonQ, Inc., reports the acquisition of restricted stock units (RSUs) in the company.
Summary
- On February 21, 2025, Rima Alameddine, Chief Revenue Officer of IonQ, Inc., acquired 2,948 restricted stock units (RSUs) and 19,753 RSUs.
- These RSUs represent a contingent right to receive shares of IonQ's common stock.
- 574,269 shares were already owned.
- After the transaction, Alameddine directly owns 594,022 shares of common stock.
- 100% of the 2,948 RSUs will vest on March 5, 2025, contingent upon continued service.
- One-sixteenth of the 19,753 RSUs will vest on March 10, 2025, and quarterly thereafter, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The vesting of the RSUs is contingent upon the Reporting Person's continued service with IonQ, Inc.
Industry Context
This filing is a routine disclosure of stock-based compensation to a company executive, which is a common practice in publicly traded companies to align management's interests with those of the shareholders.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies, especially in the tech industry, to attract and retain talent.
- Companies like Google (Alphabet Inc.), Microsoft, and Amazon also grant RSUs to their executives as part of their compensation packages.
- The vesting schedules and amounts of RSUs vary depending on the company's compensation policies and the executive's role and performance.
Stakeholder Impact
- The acquisition of RSUs by a company executive can align management's interests with those of shareholders, potentially leading to better company performance.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of RSU acquisition |
| 03/05/2025 | Vesting date for 2,948 RSUs |
| 03/10/2025 | Initial vesting date for 19,753 RSUs |
| 02/25/2025 | Date of Form 4 filing |
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