Rigetti (RGTI) COO sells 9,038 shares for RSU taxes
Rhea-AI Filing Summary
Rigetti Computing, Inc. (RGTI) reported that Chief Operating Officer David Rivas executed a nondiscretionary sale of 9,038 shares of common stock on 2026-08-20 to satisfy tax withholding obligations related to the settlement of restricted stock units. The shares were sold at a weighted average price of $16.7885 per share, in multiple trades between $16.63 and $16.965. After these sales, he directly holds 316,907 shares of Rigetti Computing common stock.
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Insider Trade Summary
Net Seller: 9,038 shares
Net Sell
1 txn
Insider
Rivas David
Role
CHIEF OPERATING OFFICER
Sold
9,038 shs ($152K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 9,038 | $16.7885 | $152K |
Holdings After Transaction:
Common Stock — 316,907 shares (Direct)
Footnotes (2)
- F1. The sales reported in this row represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of restricted stock units ("RSUs").
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.63 to $16.965, 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.
Key Figures
Shares sold: 9,038 shares
Weighted average price: $16.7885 per share
Price range: $16.63 to $16.965 per share
+1 more
4 metrics
Shares sold
9,038 shares
Common Stock sold by David Rivas on 2026-08-20
Weighted average price
$16.7885 per share
Average sale price for the 9,038 shares
Price range
$16.63 to $16.965 per share
Range of prices for multiple sale transactions
Shares owned after transaction
316,907 shares
Direct holdings of David Rivas following the sale
Key Terms
sell to cover transactions, restricted stock units ("RSUs"), weighted average price
3 terms
sell to cover transactions financial
"represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions"
restricted stock units ("RSUs") financial
"obligations in connection with the settlement of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transaction did RGTI report for David Rivas?
Rigetti Computing, Inc. reported that COO David Rivas sold 9,038 shares of common stock on 2026-08-20 in a nondiscretionary sale to cover tax withholding obligations arising from the settlement of RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.