RGTI Insider Sale: 44,355 Shares Sold for RSU Withholding at ~$14.85
Rhea-AI Filing Summary
Rigetti Computing insider sale disclosed on Form 4. David Rivas, Chief Technology Officer, reported nondiscretionary sales of 44,355 shares of Rigetti common stock on 08/20/2025 at a weighted average price of $14.8455. The sales were made to satisfy tax withholding obligations related to RSU settlement; reported sale prices ranged from $14.66 to $15.01. After the reported transactions, the filing shows 730,568 shares beneficially owned by the reporting person.
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Insights
TL;DR: Routine sell-to-cover for RSU tax withholding; not an open-market discretionary sale.
The Form 4 shows a single reporting person, CTO David Rivas, executing nondiscretionary "sell-to-cover" transactions on 08/20/2025 that disposed of 44,355 shares at a weighted average price of $14.8455. The filer explicitly states these sales were to satisfy tax withholding on RSU settlement and provides the price range ($14.66–$15.01). Such filings typically reflect compensation-related disposals rather than negative signals about company fundamentals. The filing also reports 730,568 shares beneficially owned following the transaction.
TL;DR: Disclosure meets Rule 16 reporting requirements and documents an administrative sale.
The document is a standard Section 16 Form 4 reporting an insider disposition tied to RSU vesting tax obligations. The filer certified availability of detailed per-trade pricing on request and used attorney-in-fact signature, indicating normal administrative processing. There are no indications in the form of discretionary open-market selling or additional derivative activity; the transaction appears procedural and routine from a governance perspective.