Rigetti (RGTI) insider sells 50,000 warrants for $500K — Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Rigetti Computing disclosed a Form 144 reporting a sale of warrants: Michael Clifton sold 50,000 warrants on 05/21/2026 for $500,000. The filing also lists a broker entry showing 156,250 warrants with $2,278,125 referenced and a Nasdaq listing date of 06/02/2026.
Positive
- None.
Negative
- None.
Insights
Form 144 discloses an insider warrant sale and related broker entry.
The filing shows Michael Clifton disposed of 50,000 warrants on 05/21/2026 with proceeds of $500,000. This is a standard Rule 144 notice of a proposed sale under resale limitations.
Timing and broader market impact depend on filing mechanics and any resale conditions; subsequent SEC filings or broker reports will show execution details.
Key Figures
Warrants sold: 50,000 warrants
Proceeds reported: $500,000
Broker-level warrants listed: 156,250 warrants
+1 more
4 metrics
Warrants sold
50,000 warrants
sale by Michael Clifton on 05/21/2026
Proceeds reported
$500,000
proceeds linked to the 50,000-warrant sale on 05/21/2026
Broker-level warrants listed
156,250 warrants
entry showing Piper Sandler & Co. with a Nasdaq date of 06/02/2026
Broker-level dollar figure
$2,278,125
amount listed alongside 156,250 warrants in the excerpt
Key Terms
Form 144, Sponsor Promote Warrants, warrants
3 terms
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Sponsor Promote Warrants financial
"Warrants | 03/02/2022 | Sponsor Promote Warrants"
warrants financial
"Warrants | Piper Sandler & Co Inc ... | 156250"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
FAQ
What did Rigetti Computing (RGTI) disclose in this Form 144?
The Form 144 reports a sale of 50,000 warrants by Michael Clifton for $500,000. The filing also lists a broker-level entry of 156,250 warrants and an associated $2,278,125 figure with a Nasdaq date of 06/02/2026.
Who executed the transaction reported in the RGTI Form 144?
The filing names Michael Clifton as the holder who sold 50,000 warrants on 05/21/2026 for $500,000. A broker entry lists Piper Sandler & Co. alongside 156,250 warrants in the excerpt provided.
Do Form 144 filings confirm trade settlement or execution?
No, Form 144 is a notice of intent to sell restricted or control securities under Rule 144. It does not by itself confirm final settlement; broker reports or subsequent SEC filings show completed executions and settlement details.
What are 'Sponsor Promote Warrants' shown in the filing?
Sponsor Promote Warrants are a warrant class identified in the excerpt; they are listed with an original date of 03/02/2022. The filing references these warrants in the securities descriptions and transaction rows.