RGTI director Form 4: 62,000 shares sold under Rule 10b5-1
Rhea-AI Filing Summary
Rigetti Computing (RGTI) disclosed that a director sold 62,000 shares of common stock on 10/17/2025 at a weighted average price of $44.8853, with trades ranging from $44.61 to $45.215. Following the sale, the director beneficially owns 120,371 shares, held directly. The transaction was executed under a Rule 10b5-1 trading plan adopted on June 12, 2025.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 sale under a pre-set 10b5-1 plan; neutral.
A Rigetti Computing director reported selling 62,000 shares on 10/17/2025 at a weighted average of $44.8853, within a $44.61–$45.215 range. The filing cites a Rule 10b5-1 plan adopted on June 12, 2025, indicating trades were pre-arranged.
After the transaction, direct beneficial ownership is 120,371 shares. This is a standard insider transaction disclosure and does not by itself change the business outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 62,000 | $44.8853 | $2.78M |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.61 to $45.215, 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 this footnote.
FAQ
What did Rigetti (RGTI) disclose in this Form 4?
Was the Rigetti (RGTI) insider sale under a 10b5-1 plan?
What transaction code appears on the Form 4 for RGTI?