Rigetti Computing Form 4 shows CTO sell-to-cover stock sale
Rhea-AI Filing Summary
Rigetti Computing, Inc. (RGTI) Chief Technology Officer filed a Form 4 reporting an automatic sale of company stock. On 11/20/2025, the executive sold 41,935 shares of common stock in a nondiscretionary "sell to cover" transaction to satisfy tax withholding obligations related to the settlement of restricted stock units (RSUs). The weighted average sale price was $26.3397 per share, with individual trades executed between $26.01 and $26.3528. Following this transaction, the reporting person beneficially owns 688,633 shares of Rigetti common stock directly.
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FAQ
What did Rigetti Computing (RGTI) disclose in this Form 4?
The filing reports that Rigetti Computing's Chief Technology Officer sold 41,935 shares of common stock on 11/20/2025 and now directly holds 688,633 shares.
Why did the Rigetti (RGTI) executive sell 41,935 shares?
The filing states the sales were nondiscretionary sell-to-cover transactions made to satisfy tax withholding obligations arising from the settlement of RSUs.
At what price were the Rigetti (RGTI) shares sold in this insider transaction?
The weighted average sale price was $26.3397 per share, with individual trades executed at prices ranging from $26.01 to $26.3528.
How many Rigetti (RGTI) shares does the CTO own after this Form 4 transaction?
After the reported sale, the Chief Technology Officer beneficially owns 688,633 shares of Rigetti Computing common stock directly.
Was this Rigetti (RGTI) insider sale part of a planned program?
The form includes a checkbox reference to transactions under Rule 10b5-1 plans, but the excerpt does not state whether this specific sale was made under such a plan.
Does this Form 4 indicate any change in Rigetti (RGTI) business performance?
No, this Form 4 focuses on an executive stock transaction related to RSU tax withholding and does not provide information about Rigetti's revenue, earnings, or operations.