Rigetti CFO sells 25K shares after option exercise
Rigetti Computing’s CFO exercised options and sold 25,000 shares under a pre-arranged Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Rigetti Computing, Inc. (RGTI) reports that its chief financial officer, Jeffrey A. Bertelsen, exercised employee stock options to acquire 25,000 shares of common stock at an exercise price of $0.60 per share on September 3, 2026, then sold 25,000 shares of common stock at a weighted average price of $15.0004 per share, with individual sale prices ranging from $15.00 to $15.01. Following the option exercise, Bertelsen holds 256,250 stock options of this grant. The filing states that these transactions were made pursuant to a Rule 10b5-1 trading plan adopted on June 4, 2026, and that the option grant vests over time, with one quarter having vested on February 15, 2024 and the remainder vesting in thirty-six equal monthly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1, F3 | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 25,000 | $0.60 | $15K |
| Sale | Common Stock F1, F2 | 25,000 | $15.0004 | $375K |
Footnotes (3)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. One fourth (1/4th) of the shares subject to the option vested and became exercisable on February 15, 2024, with the remaining shares subject to the option vesting in thirty-six (36) equal monthly installments thereafter, subject to the Reporting Person's continuous service with the Issuer on each such vesting date.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
vesting financial
FAQ
What insider transactions did Rigetti Computing (RGTI) disclose for its CFO?
Were the Rigetti (RGTI) CFO’s transactions under a Rule 10b5-1 trading plan?
How many Rigetti (RGTI) options remain from the exercised grant after this transaction?
What was the exercise price of the Rigetti (RGTI) options used by the CFO?
What is the vesting schedule for the Rigetti (RGTI) stock options referenced in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.