Rigetti (RGTI) insider sells 50,000 warrants for $500K — Form 144
Rhea-AI Filing Summary
Rigetti Computing disclosed a Form 144 reporting a sale of warrants: Michael Clifton sold 50,000 warrants on 05/21/2026 for $500,000. The filing also lists a broker entry showing 156,250 warrants with $2,278,125 referenced and a Nasdaq listing date of 06/02/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 discloses an insider warrant sale and related broker entry.
The filing shows Michael Clifton disposed of 50,000 warrants on 05/21/2026 with proceeds of $500,000. This is a standard Rule 144 notice of a proposed sale under resale limitations.
Timing and broader market impact depend on filing mechanics and any resale conditions; subsequent SEC filings or broker reports will show execution details.
Key Figures
Warrants sold: 50,000 warrants
Proceeds reported: $500,000
Broker-level warrants listed: 156,250 warrants
+1 more
4 metrics
Warrants sold
50,000 warrants
sale by Michael Clifton on 05/21/2026
Proceeds reported
$500,000
proceeds linked to the 50,000-warrant sale on 05/21/2026
Broker-level warrants listed
156,250 warrants
entry showing Piper Sandler & Co. with a Nasdaq date of 06/02/2026
Broker-level dollar figure
$2,278,125
amount listed alongside 156,250 warrants in the excerpt
Key Terms
Form 144, Sponsor Promote Warrants, warrants
3 terms
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Sponsor Promote Warrants financial
"Warrants | 03/02/2022 | Sponsor Promote Warrants"
warrants financial
"Warrants | Piper Sandler & Co Inc ... | 156250"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Rigetti Computing (RGTI) disclose in this Form 144?
The Form 144 reports a sale of 50,000 warrants by Michael Clifton for $500,000. The filing also lists a broker-level entry of 156,250 warrants and an associated $2,278,125 figure with a Nasdaq date of 06/02/2026.
Who executed the transaction reported in the RGTI Form 144?
The filing names Michael Clifton as the holder who sold 50,000 warrants on 05/21/2026 for $500,000. A broker entry lists Piper Sandler & Co. alongside 156,250 warrants in the excerpt provided.
Do Form 144 filings confirm trade settlement or execution?
No, Form 144 is a notice of intent to sell restricted or control securities under Rule 144. It does not by itself confirm final settlement; broker reports or subsequent SEC filings show completed executions and settlement details.
What are 'Sponsor Promote Warrants' shown in the filing?
Sponsor Promote Warrants are a warrant class identified in the excerpt; they are listed with an original date of 03/02/2022. The filing references these warrants in the securities descriptions and transaction rows.