Rigetti CTO reports 291,912-share ownership stake
Rigetti Computing, Inc. (RGTI) reports initial beneficial ownership for Chief Technology Officer Andrew Joseph Bestwick.
Rhea-AI Filing Summary
Rigetti Computing, Inc. (RGTI) reports initial beneficial ownership for Chief Technology Officer Andrew Joseph Bestwick. He holds 291,912 shares of common stock, including 75,004 shares and 216,908 restricted stock units, and an employee stock option over 245,524 shares at an exercise price of $1.32 per share expiring on May 14, 2034.
Of this option, 102,299 shares are vested and exercisable, with the remaining 143,225 shares vesting in 21 monthly installments starting September 14, 2026, subject to continued service. The RSUs vest in specified quarterly installments beginning August 20, 2026, also contingent on continuous service. The reported securities were acquired before his appointment as an executive officer on August 18, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bestwick Andrew Joseph
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) F2, F3 | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 245,524 contracts (Direct);
Common Stock — 291,912 shares (Direct)
Footnotes (3)
- F1. Includes 75,004 shares of common stock and 216,908 restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 141,908 RSUs will vest in 13 equal quarterly installments on each February 20, May 20, August 20 and November 20 commencing on August 20, 2026, subject to the Reporting Person's continuous service with the Issuer through each such vesting date. 75,000 RSUs will vest in 15 equal quarterly installments on each May 20, August 20, November 20 and February 20 commencing on August 20, 2026, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.
- F2. The securities reported herein were acquired by the Reporting Person prior to the Reporting Person becoming an executive officer of the Issuer. The Reporting Person was appointed as an executive officer of the Issuer on August 18, 2026.
- F3. This option has vested and is exercisable for 102,299 shares of common stock as of the date hereof. 143,225 shares will vest and become exercisable in 21 equal monthly installments (except for the final scheduled vesting installment) on the 14th day of each month commencing on September 14, 2026, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.
Key Figures
Common stock beneficially owned: 291,912 shares
Shares held outright: 75,004 shares
Restricted stock units (RSUs): 216,908 RSUs
+5 more
8 metrics
Common stock beneficially owned
291,912 shares
Total common stock position reported as of August 18, 2026
Shares held outright
75,004 shares
Included within the total common stock beneficially owned
Restricted stock units (RSUs)
216,908 RSUs
Each RSU represents a contingent right to one share of common stock
Option underlying shares
245,524 shares
Employee Stock Option (right to buy) for Rigetti common stock
Option exercise price
$1.32 per share
Exercise price for the Employee Stock Option
Vested option shares
102,299 shares
Portion of the option that is vested and exercisable as of the reporting date
Unvested option shares
143,225 shares
Option shares vesting in 21 monthly installments starting September 14, 2026
Option expiration date
May 14, 2034
Expiration of the Employee Stock Option
Key Terms
restricted stock units, contingent right, vest, Employee Stock Option (right to buy), +1 more
5 terms
restricted stock units financial
"Includes 75,004 shares of common stock and 216,908 restricted stock units ("RSU")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's"
vest financial
"141,908 RSUs will vest in 13 equal quarterly installments on each February 20,"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Employee Stock Option (right to buy) financial
"security_title": "Employee Stock Option (right to buy)""
exercisable financial
"This option has vested and is exercisable for 102,299 shares of common stock"
FAQ
What does the Form 3 filing report for Rigetti Computing, Inc. (RGTI)?
The Form 3 reports initial beneficial ownership for Chief Technology Officer Andrew Joseph Bestwick, including 291,912 shares of common stock (shares plus RSUs) and an option to purchase 245,524 shares of Rigetti Computing, Inc. common stock.
What stock options does the Rigetti (RGTI) CTO hold according to this Form 3?
He holds an Employee Stock Option to buy 245,524 shares of Rigetti common stock at an exercise price of $1.32 per share, expiring on May 14, 2034. As of the filing date, 102,299 shares under this option are vested and exercisable.
What is the vesting schedule for Andrew Bestwick’s Rigetti (RGTI) RSUs?
Of the 216,908 RSUs, 141,908 vest in 13 equal quarterly installments on February 20, May 20, August 20 and November 20 starting August 20, 2026, and 75,000 vest in 15 equal quarterly installments starting the same date, subject to continuous service.
When do Andrew Bestwick’s Rigetti (RGTI) stock options finish vesting?
Under the reported option, 143,225 shares will vest and become exercisable in 21 equal monthly installments (except the final installment) on the 14th of each month, commencing on September 14, 2026, subject to his continuous service with Rigetti Computing, Inc.
When did Andrew Joseph Bestwick become an executive officer of Rigetti (RGTI)?
Andrew Joseph Bestwick was appointed as an executive officer of Rigetti Computing, Inc. on August 18, 2026. The securities reported in this Form 3 were acquired before he became an executive officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
