---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-283171"
form_type: "8-K"
ticker: "IONQ"
cik: "0001824920"
company_name: "IonQ, Inc."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:28:04.261884+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IonQ awards CEO Peter Chapman $20M in cash bonuses, 119K PSU target, salary increase to $700K

## Summary
- PSU target of 119,588 shares (max 358,764) tied to 50% technical and 50% financial goals; performance period ends Dec 31, 2026.
- $10M cash bonus for 2024 payable by Dec 31, 2024; $10M cash bonus for 2025 payable by Dec 31, 2025.
- Annual salary raised from $505,000 to $700,000; no additional cash or equity incentives contemplated before 2027.
- Stock price hurdle: if 60-trading day average close < pre-defined threshold, max PSU limited to target (100%).
- Awards designed to retain Chapman, reward 2024 leadership, and align CEO incentives with long-term shareholder returns.

## SEC filing metadata
- accession: 0001193125-24-283171
- form_type: 8-K
- ticker: IONQ
- cik: 0001824920
- company_name: IonQ, Inc.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824920/000119312524283171/0001193125-24-283171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824920/000119312524283171/d921213d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-283171
- JSON: https://secwatch.observer/filing/0001193125-24-283171.json
- Plain text: https://secwatch.observer/filing/0001193125-24-283171.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.