IonQ Director Timothy E. Baxter Receives RSU Award

What Happened

• Timothy E. Baxter, a director of IonQ, Inc. (IONQ), was granted 5,540 restricted stock units (RSUs) on August 24, 2026. The reported transaction is an award/acquisition (Code A) at $0.00 per share (typical for RSU grants), so no cash was paid at grant.

Key Details

• Transaction date: 2026-08-24; Form 4 filed 2026-08-26 (timely filing).
• Grant: 5,540 RSUs; reported price: $0.00 (award, not an open-market purchase).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The RSUs vest in full on the earlier of (i) the day before the 2027 Annual Meeting or (ii) June 17, 2027, contingent on Baxter’s continued service through the vesting date.

Context

• RSUs represent a promise to deliver shares upon vesting and do not convey immediate voting rights or saleable stock until vested. Such awards are common director compensation and do not by themselves indicate a buy or sell signal; they reflect granted equity tied to service. Taxes may be withheld or settled at vesting per company practice.