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[Form 4] Rigetti Computing, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

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.

Positive
  • 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
Negative
  • 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.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Sandford Helene Gail

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025
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
Common Stock 09/12/2025 S(1) 7,773 D $17.0859(2) 217,233 D
Common Stock 09/12/2025 S(1) 2,649 D $18.1859(3) 214,584 D
Common Stock 09/12/2025 S(1) 11,935 D $19.2673(4) 202,649 D
Common Stock 09/12/2025 S(1) 2,643 D $19.9193(5) 200,006 D
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
Explanation of Responses:
1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.685 to $17.61, 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 ranges set forth in footnotes (2) to (5) in this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.715 to $18.705, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.715 to $19.695, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.72 to $20.055, inclusive.
/s/ Jeffrey Bertelsen, Attorney-in-Fact 09/15/2025
** 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

How many Rigetti (RGTI) shares did Helene Gail Sandford sell?

The filing reports an aggregate sale of 25,000 shares on September 12, 2025.

Were the RGTI sales executed under a 10b5-1 plan?

Yes. The transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.

What prices were reported for the RGTI share sales?

The filing reports weighted-average prices of $17.0859, $18.1859, $19.2673, and $19.9193 for the four reported tranches, with underlying per-trade ranges disclosed in footnotes.

What is Helene Gail Sandford’s beneficial ownership of RGTI after the sales?

Following the reported transactions the filing shows a final reported beneficial ownership of 200,006 shares.

When was the Form 4 signed and filed?

The Form 4 is signed by an attorney-in-fact and dated September 15, 2025 in the filing.
Rigetti Computing Inc

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Computer Hardware
Services-computer Programming Services
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United States
BERKELEY