Rigetti (RGTI) CEO Subodh Kulkarni receives 600,000 stock option grant

Rhea-AI Filing Summary

Rigetti Computing’s President and CEO Subodh K. Kulkarni received a grant of stock options covering 600,000 shares of common stock. The options have an exercise price of $16.99 per share and expire on March 9, 2036. They were granted as compensation rather than bought on the open market.

According to the vesting terms, one‑thirty‑sixth of the options vest and become exercisable on the 10th day of each calendar month starting in April 2026, as long as he remains in continuous service with Rigetti through each vesting date. Following this grant, he holds 600,000 options under this award.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kulkarni Subodh K

(Last) (First) (Middle)

C/O RIGETTI COMPUTING, INC.

775 HEINZ AVENUE

(Street)

BERKELEY CA 94710

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rigetti Computing, Inc. [ RGTI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$16.99	03/10/2026		A		600,000		(1)	03/09/2036	Common Stock	600,000	$0	600,000	D

Explanation of Responses:

1. One-thirty-sixth (1/36th) of these stock options vest and become exercisable on the 10th day of each calendar month commencing in April 2026, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.

	/s/ Jeffrey Bertelsen, Attorney-in-Fact	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Rigetti Computing (RGTI) CEO Subodh Kulkarni report in this Form 4?

He reported receiving an option grant for 600,000 shares of Rigetti common stock. The options are compensation awards, giving him the right to buy shares in the future at a fixed exercise price.

What are the key terms of Subodh Kulkarni’s 600,000 Rigetti (RGTI) stock options?

The options cover 600,000 shares of common stock at an exercise price of $16.99 per share. They expire on March 9, 2036, giving a long window to exercise once vested.

How do Subodh Kulkarni’s Rigetti (RGTI) stock options vest over time?

One‑thirty‑sixth of the 600,000 options vest monthly on the 10th day, beginning in April 2026. Vesting requires his continuous service with Rigetti through each scheduled vesting date.

Is Subodh Kulkarni buying Rigetti (RGTI) shares on the market in this Form 4?

No, this filing shows a grant of employee stock options, not an open‑market share purchase. He gains the right to buy shares at $16.99 later, subject to the vesting schedule.

How many Rigetti (RGTI) options does Subodh Kulkarni hold from this grant after the transaction?

After this reported grant, he holds 600,000 stock options under this award. These options will become exercisable gradually over 36 months starting in April 2026, assuming continued service.