Form 4: IonQ Chief Revenue Officer Rima Alameddine Sells Shares Under 10b5-1 Trading Plan

Rima Alameddine, Chief Revenue Officer of IonQ, Inc., sold 11,375 shares of common stock at a price of $13.72 per share on October 18, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On October 18, 2024, Rima Alameddine, the Chief Revenue Officer of IonQ, Inc., sold 11,375 shares of IonQ common stock.
• The sale was executed at a price of $13.72 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on March 7, 2024.
• Following the transaction, Alameddine directly owns 627,533 shares of IonQ common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale itself doesn't necessarily indicate positive or negative sentiment, especially given the 10b5-1 trading plan.

Industry Context

Sales by company executives are a normal part of corporate governance. The fact that this sale was executed under a 10b5-1 trading plan suggests it was pre-planned and intended to avoid any accusations of insider trading.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates