Rigetti (RGTI) director awarded 9,208 RSUs in annual equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Iannotti Thomas J reported acquisition or exercise transactions in this Form 4 filing.
Rigetti Computing, Inc. director Thomas J. Iannotti received an annual equity award in the form of 9,208 restricted stock units (RSUs) of common stock at a price of $0.00 per share. These RSUs are compensation for board service rather than an open-market purchase.
The RSUs will vest in full on the earlier of the company’s 2027 annual meeting of stockholders (or immediately before that meeting if his board service ends then) or on June 9, 2027, subject to his continuous service as a director. After this grant, he directly holds 24,110 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Iannotti Thomas J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,208 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,110 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 9,208 shares
Grant price: $0.00 per share
Post-grant holdings: 24,110 shares
+1 more
4 metrics
RSU grant size
9,208 shares
Annual director RSU grant on June 9, 2026
Grant price
$0.00 per share
Stock-based compensation, not an open-market purchase
Post-grant holdings
24,110 shares
Common stock held directly after RSU grant
Vesting date latest
June 9, 2027
Full vesting if still serving as director
Key Terms
restricted stock units, annual meeting of the stockholders, continuous service
3 terms
restricted stock units financial
"Represents an annual grant of restricted stock units ("RSUs") for service as a director"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of the stockholders financial
"will vest in full on the earlier of (i) the date of the Issuer's 2027 annual meeting of the stockholders"
continuous service financial
"each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date"
FAQ
What did Rigetti (RGTI) director Thomas J. Iannotti report on this Form 4?
Thomas J. Iannotti reported receiving an annual grant of 9,208 restricted stock units of Rigetti common stock. The award is a stock-based compensation grant for his service as a director, not an open-market share purchase or sale.
When do Thomas J. Iannotti’s new Rigetti (RGTI) RSUs vest?
The 9,208 restricted stock units vest in full on the earlier of Rigetti’s 2027 annual stockholder meeting or June 9, 2027. Vesting is conditioned on Iannotti’s continuous service as a director through the applicable vesting date, according to the footnote.
What type of transaction is reported for Rigetti (RGTI) on this Form 4?
The Form 4 reports a grant or award acquisition of common stock, coded “A” as 9,208 RSUs at $0.00 per share. This reflects director compensation, not a market trade, and is categorized as an acquisition rather than a buy or sell transaction.
Is the Rigetti (RGTI) Form 4 transaction an open-market buy or sell?
No, the transaction is not an open-market trade. It is an annual compensation grant of restricted stock units for board service, with a reported price of $0.00 per share, and therefore does not indicate a discretionary market purchase or sale by the director.