STOCK TITAN

Rigetti (RGTI) director sells 57,156 vested warrants at $16 in open-market trades

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rigetti Computing director Clifton Michael S. reported selling 57,156 warrants to buy Rigetti common stock in two open-market transactions. The sales occurred on June 2 and June 3 at $16.00 per warrant, covering warrants fully vested and exercisable with a $11.50 exercise price and March 2, 2027 expiration. After the most recent sale, he directly holds 99,094 warrants according to the filing.

Positive

  • None.

Negative

  • None.
Insider Clifton Michael S.
Role null
Sold 57,156 shs ($914K)
Type Security Shares Price Value
Sale Warrants (right to buy) 54,012 $16.00 $864K
Sale Warrants (right to buy) 3,144 $16.00 $50K
Holdings After Transaction: Warrants (right to buy) — 99,094 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Total warrants sold 57,156 warrants Open-market sales reported on Form 4
Sale price $16.00 per warrant Price for both June 2 and June 3 sales
Exercise price $11.50 per share Conversion or exercise price of warrants
Post-sale holdings 99,094 warrants Total warrants held directly after June 3 transaction
First sale size 3,144 warrants June 2 open-market derivative sale
Second sale size 54,012 warrants June 3 open-market derivative sale
Warrant expiration March 2, 2027 Expiration date of the warrants sold
Warrants (right to buy) financial
"security_title: "Warrants (right to buy)""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
conversion or exercise price financial
"conversion_or_exercise_price: "11.5000""
expiration date financial
"expiration_date: "2027-03-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested and exercisable financial
"footnote: "Fully vested and exercisable.""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Clifton Michael S.

(Last)(First)(Middle)
C/O RIGETTI COMPUTING, INC.
775 HEINZ AVENUE

(Street)
BERKELEY CALIFORNIA 94710

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Rigetti Computing, Inc. [ RGTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (right to buy)$11.506/02/2026S3,144 (1)03/02/2027Common Stock3,144$16153,106D
Warrants (right to buy)$11.506/03/2026S54,012 (1)03/02/2027Common Stock54,012$1699,094D
Explanation of Responses:
1. Fully vested and exercisable.
/s/ Jeffrey Bertelsen, Attorney-in-Fact06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Rigetti Computing (RGTI) disclose on this Form 4?

Rigetti Computing disclosed that director Clifton Michael S. sold 57,156 warrants in open-market transactions. These warrants give the right to buy common stock and were fully vested and exercisable at the time of sale.

How many Rigetti (RGTI) warrants did the director sell and at what price?

The director sold a total of 57,156 warrants in two trades at a price of $16.00 per warrant. Each warrant relates to Rigetti common stock with an exercise price of $11.50 per share.

On what dates were the Rigetti (RGTI) warrant sales by the director executed?

The warrant sales were executed on June 2 and June 3. One transaction covered 3,144 warrants and the other 54,012 warrants, both recorded as open-market sales in derivative securities linked to Rigetti common stock.

What are the terms of the Rigetti (RGTI) warrants sold by the director?

The warrants sold are fully vested and exercisable, with an exercise price of $11.50 per share and an expiration date of March 2, 2027. They are derivative securities giving the right to purchase Rigetti common stock.

How many Rigetti (RGTI) warrants does the director hold after these transactions?

After the most recent reported sale, the director directly holds 99,094 warrants. This figure reflects his remaining derivative position as of the June 3 transaction reported in the Form 4 filing.

Were the Rigetti (RGTI) warrant transactions open-market sales or other types of trades?

Both transactions were reported as open-market sales of derivative securities. The Form 4 labels them with transaction code “S,” indicating sales in open-market or private transactions, not option exercises or tax-withholding events.