Cardillo Robert T. 4
Research Summary
AI-generated summary
IonQ Executive Chair Robert Cardillo Sells 904 Shares to Cover Taxes
What Happened
- Robert T. Cardillo, Director and Executive Chair (also listed for IonQ Federal), disposed of 904 shares of IonQ common stock to satisfy a tax liability arising from the vesting of restricted stock units (RSUs). The filing reports a weighted-average price of $34.80, resulting in proceeds of $31,461.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-13 (timely).
- Reported weighted-average price: $34.80; reported price range across multiple trades: $33.69–$35.87 (per footnote).
- Shares disposed: 904; transaction code F (payment of exercise price or tax liability / tax withholding on RSU vesting).
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 confirms shares were sold to satisfy tax liability on RSU vesting; F2 notes the price is a weighted average and gives the per-share price range and availability of per-trade details on request.
Context
- This was a tax-withholding sale tied to RSU vesting (a routine administrative transaction), not an open-market sale intended as an investment signal. Such “sell to cover” transactions are common when executives receive equity awards and need to meet withholding obligations.