[Form 4] Rigetti Computing, Inc. Insider Trading Activity
Director Helene Gail Sandford reported the sale of a total of 25,000 shares of Rigetti Computing, Inc. (RGTI) on September 12, 2025 under a pre-established Rule 10b5-1 trading plan adopted June 12, 2025. The sales were executed in multiple transactions at weighted-average prices reported in four tranches: $17.0859, $18.1859, $19.2673 and $19.9193, reflecting underlying per-trade price ranges shown in the filing.
Following these disposals the reporting person’s beneficial ownership declined through the reported lines to a final reported 200,006 shares. The form was signed by an attorney-in-fact and filed on September 15, 2025. The filing discloses the 10b5-1 plan and offers to provide transaction-level pricing details upon request.
- Sale executed under a Rule 10b5-1 trading plan adopted June 12, 2025, indicating preplanned transactions
- Filing discloses weighted-average prices and offers transaction-level detail upon request, supporting transparency
- Reporting person sold a total of 25,000 shares on September 12, 2025, a material reduction in holdings
- Beneficial ownership declined to 200,006 shares as shown in the filing
Insights
TL;DR: A director executed pre-planned sales under a 10b5-1 plan, reducing holdings but maintaining material ownership.
The filing shows a Rule 10b5-1 trading plan was used, which is a standard governance mechanism to avoid opportunistic trading allegations and provide insulation from accusations of insider timing. The director sold 25,000 shares across four tranches; the disclosure of price ranges and the offer to provide granular pricing supports transparency. The remaining reported beneficial ownership of 200,006 shares suggests continued alignment with shareholders, though the transaction materially reduced the director’s stake.
TL;DR: Insider sale of 25,000 shares at weighted-average prices; executed via an established 10b5-1 plan, indicating planned liquidity rather than ad hoc selling.
The sale quantities and weighted-average prices are explicitly reported: $17.0859, $18.1859, $19.2673 and $19.9193. The structure and timing (plan adopted June 12, 2025; transactions on September 12, 2025) indicate compliance with safe-harbor trading procedures. Investors can request the per-trade breakdown to assess realized proceeds and compare to contemporaneous market prices for impact analysis.