Form 4: IonQ Executive Rima Alameddine Sells Shares to Cover Tax Obligations

Rima Alameddine, Chief Revenue Officer of IonQ, Inc., sold 1,407 shares of common stock on March 6, 2025, to cover statutory tax withholding obligations related to vesting restricted stock units.

Summary

• On March 6, 2025, Rima Alameddine, the Chief Revenue Officer of IonQ, Inc., sold 1,407 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 $21.2041, with individual transactions ranging from $21.1840 to $21.5714.
• Following the transaction, Alameddine directly owns 592,615 shares of IonQ common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a standard practice across publicly traded companies.
• The 'sell to cover' mechanism is a common feature in equity incentive plans to manage tax liabilities for employees receiving stock-based compensation.
• Comparable companies like Rigetti Computing or PsiQuantum would likely have similar mechanisms in place for their executives.

Stakeholder Impact

• The sale has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
• The transaction ensures the executive can meet their tax obligations related to their compensation.

Key Dates