Rigetti (RGTI) CFO logs 3,682-share tax-related stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigetti Computing’s chief financial officer, Jeffrey A. Bertelsen, reported two open-market sales totaling 3,682 shares of common stock. According to the disclosure, these were nondiscretionary “sell to cover” transactions executed solely to satisfy tax withholding obligations tied to the settlement of restricted stock units.
The sales occurred on May 22, 2026, at weighted average prices of about $25.63 and $22.94 per share, with trades executed across narrow price ranges. Because the transactions were required for tax purposes rather than optional portfolio changes, they represent routine administrative activity rather than a directional bet on Rigetti’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,682 shares ($84,489)
Net Sell
2 txns
Insider
Bertelsen Jeffrey A.
Role
CHIEF FINANCIAL OFFICER
Sold
3,682 shs ($84K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,669 | $22.937 | $84K |
| Sale | Common Stock | 13 | $25.63 | $333.19 |
Holdings After Transaction:
Common Stock — 171,940 shares (Direct, null)
Footnotes (1)
- 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 RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.76 to $23.15, 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: 3,682 shares
Small lot sale price: $25.63 per share
Larger lot sale price: $22.937 per share
+1 more
4 metrics
Shares sold
3,682 shares
Total non-derivative common shares sold on May 22, 2026
Small lot sale price
$25.63 per share
Price for 13-share sale of common stock
Larger lot sale price
$22.937 per share
Price for 3,669-share sale of common stock
Transaction count
2 transactions
Non-derivative open-market sales reported in this Form 4
Key Terms
sell to cover, RSUs, weighted average price, open-market sale
4 terms
sell to cover financial
"nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
RSUs financial
"tax withholding obligations in connection with the settlement of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Rigetti (RGTI) report for its CFO?
Rigetti’s CFO Jeffrey A. Bertelsen reported two sales totaling 3,682 shares of common stock. The company states these were nondiscretionary sales executed to cover tax withholding obligations related to restricted stock unit settlements, rather than discretionary portfolio trades.
Do the recent Rigetti (RGTI) insider sales signal bearish sentiment?
The company characterizes these trades as nondiscretionary sell-to-cover transactions for tax withholding on RSU settlements. Because they were required for tax compliance, not elective portfolio moves, they carry limited informational value about the CFO’s outlook on Rigetti’s stock.
How many Rigetti (RGTI) insider sale transactions were reported?
The Form 4 lists two non-derivative transactions by the CFO, both coded as open-market sales of common stock. Together they total 3,682 shares sold, executed on the same date and tied to tax withholding for vested restricted stock units.