Rigetti director sells shares, receives RSU grant
Rigetti Computing director Ray O. Johnson reported both stock sales and an equity grant.
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Rhea-AI Filing Summary
Rigetti Computing director Ray O. Johnson reported both stock sales and an equity grant. On June 8, he sold 116,217 and 5,971 shares of common stock in open-market transactions at weighted average prices of $21.2782 and $21.764 per share, respectively, under a pre-arranged Rule 10b5-1 trading plan adopted in March 2025 and modified in March 2026. On June 9, he received a grant of 9,208 restricted stock units for board service, which will vest in full on the earlier of the 2027 annual stockholder meeting or June 9, 2027, subject to continued service. After these transactions, he directly holds 180,481 shares of Rigetti common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,208 | $0.00 | $0.00 |
| Sale | Common Stock | 116,217 | $21.2782 | $2.47M |
| Sale | Common Stock | 5,971 | $21.764 | $130K |
Footnotes (4)
- F1. 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.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.725 to $21.72, 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.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.725 to $21.82, 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.
- F4. Represents an annual grant of restricted stock units ("RSUs") for service as a director of the Issuer. The shares underlying the RSUs will vest in full on the earlier of (i) the date of the Issuer's 2027 annual meeting of the stockholders (or the date immediately prior to such annual meeting if the Reporting Person's service as a director ends at such annual meeting) or (ii) on June 9, 2027, each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units ("RSUs") financial
weighted average price financial
annual meeting of the stockholders regulatory
FAQ
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What did Rigetti Computing (RGTI) director Ray O. Johnson report in this Form 4?
Was Ray O. Johnson’s Rigetti (RGTI) stock sale under a Rule 10b5-1 plan?
What equity award did Ray O. Johnson receive from Rigetti (RGTI)?
How are the Rigetti (RGTI) stock sale prices in the Form 4 described?
AI-generated analysis. How Rhea-AI works. Not financial advice.