Cardillo Robert T. 4

4 · IonQ, Inc. · Filed Feb 27, 2026

AI-generated summary of this filing

Updated Feb 28, 2026

IonQ (IONQ) Exec Chair Robert Cardillo Exercises Options, Sells Shares

What Happened

Robert T. Cardillo, Director and Executive Chair (IonQ Federal), exercised stock options to acquire 2,500 shares at $11.24 per share (cash paid $28,100) on Feb 26, 2026.
He also sold shares in multiple transactions: an open-market sale of 5,165 shares at a weighted average $39.44 ($203,685) and a disposition of 3,071 shares at a weighted average $39.19 ($120,360) reported Feb 27, 2026. A separate 2,500-share derivative disposition was reported at $0.00 (see notes). Overall, these disposals appear to include open-market sales and shares sold to cover tax obligations.

Key Details

Transaction dates: Feb 26, 2026 (exercise and some sales) and Feb 27, 2026 (tax-related disposition). Filing date: Feb 27, 2026 (timely).
Prices and totals reported:
- Exercised (M): 2,500 shares @ $11.24 = $28,100 (acquired).
- Open-market sale (S): 5,165 shares @ weighted avg $39.44 = $203,685 (disposed). Prices ranged $39.00–$39.90 (F2).
- Tax/payment disposition (F): 3,071 shares @ weighted avg $39.19 = $120,360 (disposed). Prices ranged $38.1392–$39.20 (F4).
- Derivative disposition (M): 2,500 shares @ $0.00 = $0 (reported as a derivative disposition).
Shares owned after the reported transactions: not provided in the details supplied here.
Notable footnotes:
- Transactions were made pursuant to a Rule 10b5-1 trading plan adopted Mar 12, 2025 and amended Jun 13, 2025 (F1).
- Some shares were sold specifically to satisfy tax withholding in connection with vesting/restricted stock units (F3).
- Vesting terms: one-third of the option shares vested Feb 26, 2025 and on each one-year anniversary thereafter, subject to continued service (F5).

Context

M indicates option exercise; F indicates shares sold to satisfy tax liabilities (a common cashless or net-share settlement practice). Here, Cardillo exercised options and contemporaneously had shares sold to cover taxes and other open-market sales — a routine pattern for option vesting/exercise events.
Sales under a pre-established 10b5-1 plan reduce concerns about opportunistic timing, because trades follow a pre-set plan.
These filings are factual records of transactions and do not, by themselves, indicate the insider’s broader opinion on the company’s outlook.

Form 4

Period: 2026-02-26

DirectorOther

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-26$11.24/sh+2,500$28,100→ 117,456 total
Sale
Common Stock
[F1][F2]
2026-02-26$39.44/sh−5,165$203,685→ 112,291 total
Tax Payment
Common Stock
[F3][F4]
2026-02-27$39.19/sh−3,071$120,360→ 109,220 total
Exercise/Conversion
Stock Option (Right to Buy)
[F5]
2026-02-26−2,500→ 15,047 total
Exercise: $11.24Exp: 2034-02-26→ Common Stock (26,320 underlying)

Footnotes (5)

[F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2025 and amended on June 13, 2025.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.00 to $39.90, 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.
[F3]The reported securities were sold to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.1392 to $39.20, 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.
[F5]One-third of the shares subject to the option vested or will vest on February 26, 2025 and each one-year anniversary thereafter, subject to the Reporting Person's continued service through each such vesting date.

Signature

/s/ Tyler T. Rosenbaum, Assistant Secretary, by Power of Attorney|2026-02-27

1 file