Form 4: IonQ's Chief Revenue Officer Sells Shares to Cover Tax Obligations

Rima Alameddine, Chief Revenue Officer of IonQ, Inc., sold shares to cover statutory tax withholding obligations related to vesting restricted stock units.

Summary

• On March 11, 2025, Rima Alameddine, the Chief Revenue Officer of IonQ, Inc., sold 20,047 shares of 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 $18.5695, with individual transactions ranging from $17.88 to $19.16.
• Following the transaction, Alameddine directly owns 572,568 shares of IonQ common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is a routine sale to cover tax obligations and doesn't necessarily reflect a positive or negative view of the company's prospects.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It's common for executives to sell shares to cover taxes when restricted stock units vest. The sale itself doesn't necessarily indicate a negative outlook on the company.

Comparison to Industry Standards

• Executive stock sales to cover tax obligations are a common practice across publicly traded companies.
• Similar transactions are frequently observed at companies like Google (Alphabet Inc.) and Microsoft, where executives receive stock-based compensation.
• The volume of shares sold is relatively small compared to the total outstanding shares of IonQ, suggesting it's unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors, as it's a routine transaction.

Key Dates