Form 4: Rigetti Computing CEO Subodh Kulkarni Executes Stock Option and Sells Shares

Rigetti Computing's CEO, Subodh Kulkarni, exercised stock options and sold 1,000,000 shares of common stock on May 20, 2025.

Summary

• On May 20, 2025, Subodh Kulkarni, the President and CEO of Rigetti Computing, Inc., executed a stock option to acquire 1,000,000 shares of common stock at a price of $0.9638 per share.
• Simultaneously, Kulkarni sold 1,000,000 shares of common stock at a weighted average price of $12.0044 per share, with individual transactions ranging from $11.85 to $12.265.
• Following these transactions, Kulkarni directly owns 0 shares of Rigetti Computing common stock and 250,000 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gauge management's sentiment about the company's prospects.

Stakeholder Impact

• The sale of shares by the CEO could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.

Key Dates

Keywords

Form 4, Rigetti Computing, Subodh Kulkarni, Stock Option, Share Sale, Beneficial Ownership, SEC Filing