Rigetti (RGTI) director sells 84,944 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigetti Computing director Ray O. Johnson sold 84,944 shares of the company’s common stock in an open-market transaction on June 22, 2026. The shares were sold at a weighted average price of $20.5458, with individual trades executed between $20.405 and $21.00 per share.
The sale was made under a Rule 10b5-1 trading plan that Johnson adopted on March 12, 2025 and modified on March 9, 2026, indicating the transactions were pre-scheduled. After these sales, he continues to directly own 95,537 Rigetti shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 84,944 shares ($1,745,242)
Net Sell
1 txn
Insider
Johnson Ray O
Role
null
Sold
84,944 shs ($1.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 84,944 | $20.5458 | $1.75M |
Holdings After Transaction:
Common Stock — 95,537 shares (Direct, null)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2025, and modified on March 9, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.405 to $21.00, 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: 84,944 shares
Weighted average sale price: $20.5458 per share
Sale price range: $20.405–$21.00 per share
+2 more
5 metrics
Shares sold
84,944 shares
Open-market sale on June 22, 2026
Weighted average sale price
$20.5458 per share
Average price for 84,944 shares sold
Sale price range
$20.405–$21.00 per share
Range of individual trade prices
Shares held after transaction
95,537 shares
Direct ownership after June 22, 2026 sale
Net shares sold
84,944 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Rigetti Computing (RGTI) report for Ray O. Johnson?
Rigetti Computing reported that director Ray O. Johnson sold 84,944 shares of common stock in an open-market transaction. The sale occurred on June 22, 2026, and was executed under a pre-arranged Rule 10b5-1 trading plan.