IonQ Files 8-K: Board, Officer, and Compensation Updates
Ticker: IONQ-WT · Form: 8-K · Filed: Sep 4, 2025 · CIK: 1824920
| Field | Detail |
|---|---|
| Company | Ionq, INC. (IONQ-WT) |
| Form Type | 8-K |
| Filed Date | Sep 4, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11.50, $500,000, $6,750,000, $18,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, compensation
TL;DR
IonQ filed an 8-K with board/officer changes and compensation updates.
AI Summary
On September 2, 2025, IonQ, Inc. filed an 8-K report detailing changes in its board of directors and certain officers, along with updates to compensatory arrangements. The filing also includes other events and financial statements/exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty, but the filing itself is a routine disclosure.
Key Numbers
- 001-39694 — SEC File Number (Identifier for IonQ's filings)
- 85-2992192 — EIN (Employer Identification Number)
Key Players & Entities
- IonQ, Inc. (company) — Registrant
- September 2, 2025 (date) — Earliest event reported
- Delaware (jurisdiction) — State of incorporation
- dMY Technology Group, Inc. III (company) — Former company name
FAQ
What specific changes were made to the board of directors or certain officers?
The filing indicates changes related to the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' but does not specify the individuals or exact nature of the changes in the provided text.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated September 2, 2025.
What is the company's state of incorporation?
IonQ, Inc. is incorporated in Delaware.
What was IonQ, Inc.'s former company name?
IonQ, Inc.'s former company name was dMY Technology Group, Inc. III.
What are the main items covered in this 8-K filing?
This 8-K filing covers departure/election/appointment of directors and officers, compensatory arrangements, other events, and financial statements/exhibits.
Filing Stats: 1,109 words · 4 min read · ~4 pages · Grade level 11.8 · Accepted 2025-09-04 08:27:09
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share IONQ New York Stock Excha
- $11.50 — sable for one share of common stock for $11.50 per share IONQ WS New York Stock Ex
- $500,000 — h will receive an annual base salary of $500,000 and is eligible for an annual cash bonu
- $6,750,000 — stock units (" RSUs ") with a value of $6,750,000, (ii) performance-based RSUs (" PSUs ")
- $18,000,000 — RSUs (" PSUs ") with a target value of $18,000,000 (the " Target PSUs "), with the opportu
Filing Documents
- eh250674366_8k.htm (8-K) — 33KB
- eh250674366_ex9901.htm (EX-99.1) — 16KB
- image_001.jpg (GRAPHIC) — 3KB
- 0000950142-25-002371.txt ( ) — 265KB
- ionq-20250902.xsd (EX-101.SCH) — 4KB
- ionq-20250902_def.xml (EX-101.DEF) — 26KB
- ionq-20250902_lab.xml (EX-101.LAB) — 36KB
- ionq-20250902_pre.xml (EX-101.PRE) — 25KB
- eh250674366_8k_htm.xml (XML) — 6KB
02 Departures of Directors or Certain Officers; Election
Item 5.02 Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Executive Transition On September 2, 2025, the board of directors (the " Board ") of IonQ, Inc. (the " Company ") appointed Inder M. Singh, the Lead Independent Director of the Board, to the positions of Chief Financial Officer (" CFO ") and Chief Operating Officer (" COO ") effective as of September 4, 2025 (the " Transition Date "), succeeding Thomas Kramer, who held the role of CFO. In connection with his new executive roles, Mr. Singh has stepped down as a member of the Board. Except as otherwise disclosed in this current report, there are no arrangements or understandings between Mr. Singh, on the one hand, and any other person, on the other hand, pursuant to which Mr. Singh was selected as an officer of the Company. Additionally, there are no family relationships between Mr. Singh and the Company's directors and executive officers, no arrangements or understandings between Mr. Singh and any other person requiring disclosure under Item 401(b) of Regulation S-K, and no transactions with related persons requiring disclosure under Item 404(a) of Regulation S-K. Compensation Arrangements Offer Letter . In connection with his appointment as CFO and COO, the Company entered into an offer letter with Mr. Singh (the " Offer Letter ") setting forth the terms of his employment and compensation. Pursuant to the Offer Letter, Mr. Singh will receive an annual base salary of $500,000 and is eligible for an annual cash bonus with a target amount equal to 100% of his annual base salary, with a prorated target bonus amount paid for 2025 based on the Transition Date. Mr. Singh will also be granted initial equity awards, consisting of (i) restricted stock units (" RSUs ") with a value of $6,750,000, (ii) performance-based RSUs (" PSUs ") with a target value of $18,000,000 (the " Target PSUs "), with the opportunity t
01 Other Events
Item 8.01 Other Events. A copy of the press release announcing the executive transition has been filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated September 4, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IonQ, Inc. Date: September 4, 2025 By: /s/ Paul T. Dacier Paul T. Dacier Chief Legal Officer and Corporate Secretary