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RGTIW Form 144: $523K Insider Sale Slated for 23 Jun 2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Rigetti Computing, Inc. (symbol: RGTIW) has filed a Form 144 indicating an upcoming insider sale. The notice covers the proposed disposition of 50,000 common shares through broker Piper Sandler & Co. The shares carry an aggregate market value of $523,000 based on prevailing prices and represent a negligible 0.016% of the 322.75 million shares outstanding. The transaction is slated to occur on or about June 23 2025 on the Nasdaq exchange.

The shares were originally acquired on June 10 2024 as compensation from the issuer. The same insider—identified in the filing’s sales history section as Cathy McCarthy—previously sold an identical 50,000-share block on June 20 2025, generating $555,700 in gross proceeds. The filer affirms knowledge of no undisclosed material adverse information, satisfying Rule 144 certification requirements.

Given the small percentage of total shares involved and the routine nature of compensation-related disposal, the event is unlikely to have a material effect on Rigetti’s share price; however, it does add to public records of insider activity that some investors track for sentiment signals.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Minor Form 144 shows 50 k-share insider sale (~$523 K); impact minimal at 0.016% of float.

This filing discloses that insider Cathy McCarthy intends to sell 50,000 Rigetti common shares, valued at roughly $523 K, on 23 Jun 2025. The shares stem from recent compensation (10 Jun 2024) and will be brokered by Piper Sandler. A prior 50 k-share sale already occurred on 20 Jun 2025 at $555.7 K. Relative to 322.8 M shares outstanding, the planned sale is immaterial and does not indicate a strategic shift or liquidity concern. For investors, the notice merely logs compliance with Rule 144 and adds a small data point to insider-selling trend analysis. No balance-sheet, operational, or guidance information is provided, so fundamental outlook remains unchanged.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Rigetti’s latest Form 144 filing reveal?

It shows insider Cathy McCarthy intends to sell 50,000 common shares (~$523 K) on 06/23/2025 via Piper Sandler.

How large is the planned insider sale relative to Rigetti’s share count?

The 50,000 shares equal about 0.016% of the 322.75 million shares outstanding.

When were the shares being sold originally acquired?

They were acquired on 06/10/2024 as part of a compensation award from the issuer.

Did the insider sell any Rigetti shares recently?

Yes, the same insider sold 50,000 shares on 06/20/2025 for $555,700 in gross proceeds.

Which broker is handling the proposed sale of Rigetti shares?

Piper Sandler & Co. is listed as the broker for the transaction.

On which exchange will the shares be sold?

The filing specifies the Nasdaq exchange.
Rigetti Computing Inc

NASDAQ:RGTIW

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22.59M
Services-computer Programming Services
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United States
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