Monitor the first PSP performance period (July 2026–June 2030) for TSR-based payout outcomes; the RSU pool may be used for retention hires. No near-term stock-moving catalyst — this is a standard long-term compensation refresh.
Price Chart
Executive Summary
IQM Quantum Computers established two new share-based long-term incentive plans: a Performance Share Plan (PSP) 2026–2032 and a Restricted Share Unit Pool (RSU) 2026–2030. The PSP has a maximum potential value of approximately EUR 18.2 million (1,996,000 shares at EUR 9.11), and the RSU a maximum of approximately EUR 7.5 million (826,000 shares at EUR 9.11). This is a routine compensation structure with no immediate financial impact.
Key Facts
- Board established Performance Share Plan 2026–2032 with three 4-year performance periods starting July 2026.
- First PSP performance criterion is Absolute TSR with a Relative TSR modifier of +/-20%.
- Maximum PSP payout: ~1,996,000 shares, estimated gross value EUR 18.2 million at EUR 9.11/share.
- Board also established Restricted Share Unit Pool 2026–2030 with maximum payout of ~826,000 shares, estimated gross value EUR 7.5 million at EUR 9.11/share.
- Rewards paid partly in shares and partly in cash to cover taxes; CEO and Leadership Team must hold 50% of net reward shares until a specified salary-linked threshold is met.
Financial Impact
Maximum combined potential dilution from both plans is ~2,822,000 shares (PSP 1,996,000 + RSU 826,000), valued at approximately EUR 25.7 million at the reference price of EUR 9.11. Actual dilution will depend on performance achievement and vesting schedules.
Risk Factors
- Potential dilution of up to ~2.8 million shares if maximum targets are met across both plans.
- Cash component of rewards may create modest cash outflow for tax obligations.
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001193125-26-411337 |
| Document: d104807dex991.htm | 0001193125-26-411337 |
| Document: 0001193125-26-411337-index-headers.html | 0001193125-26-411337 |
| Document: 0001193125-26-411337-index.html | 0001193125-26-411337 |
| Document: 0001193125-26-411337.txt | 0001193125-26-411337 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | 6-K | $10.87 | awaiting T+20 | — | $9.43 (−13.25%) |
Oct 2, 2026 25d ago | 6-K | $10.35 | awaiting T+20 | — | $9.43 (−8.89%) |
Aug 27, 2026 8w ago | EFFECT | $10.81 $10.45 | ▼ −3.33% | ▼ −2.82% | $9.43 (−12.77%) |
Aug 4, 2026 12w ago | 6-K | $9.66 $10.48 | ▲ +8.54% | ▲ +9.78% | $9.43 (−2.33%) |
Aug 4, 2026 12w ago | Press Release | $9.66 $10.48 | ▲ +8.54% | ▲ +9.78% | $9.43 (−2.33%) |
Aug 3, 2026 12w ago | 6-K | $10.00 $10.49 | ▲ +4.90% | ▲ +3.66% | $9.43 (−5.70%) |
Jul 22, 2026 13w ago | Press Release | $11.47 $10.07 | ▼ −12.21% | ▼ −15.10% | $9.43 (−17.79%) |
Jul 20, 2026 14w ago | 6-K | $11.95 $9.80 | ▼ −17.99% | ▼ −20.55% | $9.43 (−21.09%) |
Jul 13, 2026 15w ago | 6-K | $11.70 $9.46 | ▼ −19.15% | ▼ −22.33% | $9.43 (−19.40%) |
Jul 8, 2026 15w ago | 6-K | $11.47 $9.21 | ▼ −19.70% | ▼ −22.98% | $9.43 (−17.79%) |
US Market Status
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