IonQ (IONQ) director Cardillo disposes 904 shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IonQ, Inc. director and Executive Chair of IonQ Federal, Robert T. Cardillo, reported a small tax-related share disposition. On the vesting of restricted stock units, 904 shares of common stock were sold to cover his tax liability at a weighted average price of $34.802 per share, with individual sales ranging from $33.69 to $35.87. After these transactions, he continues to hold 139,967 shares directly, indicating this was a routine withholding event rather than a large change in ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cardillo Robert T.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 904 | $34.802 | $31K |
Holdings After Transaction:
Common Stock — 139,967 shares (Direct)
Footnotes (1)
- The reported securities were sold to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units ("RSUs"). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.69 to $35.87, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did IonQ (IONQ) director Robert T. Cardillo report?
Robert T. Cardillo reported a small tax-related share disposition. He sold 904 IonQ common shares to satisfy tax obligations from restricted stock unit vesting, a routine event rather than a discretionary open-market sale.
Was Robert T. Cardillo’s IonQ (IONQ) Form 4 transaction an open-market sale?
The Form 4 classifies the transaction as a tax-withholding disposition, not a discretionary open-market sale. Shares were sold specifically to cover Cardillo’s tax liability arising from the vesting of restricted stock units.
What does the tax-withholding disposition mean in IonQ (IONQ) director’s Form 4?
A tax-withholding disposition means shares are sold or delivered to cover taxes owed when equity awards vest. In this case, Cardillo’s 904 shares were sold to pay tax on vested RSUs, a common administrative process for equity compensation.