Form 4: Rigetti Computing CFO Sells Shares for Tax Withholding

Sentiment:

Insider Transaction Filing


Rigetti Computing's CFO, Jeffrey A. Bertelsen, reported the sale of 3,669 shares of common stock to cover tax withholding obligations.

Summary

  • Jeffrey A. Bertelsen, Chief Financial Officer of Rigetti Computing, Inc., reported a transaction on May 22, 2026.
  • The transaction involved the sale of 3,669 shares of common stock.
  • These shares were sold to cover tax withholding obligations related to the settlement of Restricted Stock Units (RSUs).
  • The sale occurred at a weighted average price of $22.937 per share, with individual sales ranging from $22.76 to $23.15.
  • Following these transactions, Bertelsen beneficially owns 171,940 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the reported stock sale is a routine event for tax withholding purposes and does not indicate a change in the executive's confidence in the company.

Negatives

  • The CFO sold company stock, which could be perceived negatively by the market, although it was for tax withholding purposes.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it solely reports a past transaction.

Industry Context

StockSavvy.ai notes that insider sales, even for tax purposes, are common events reported via Form 4 filings. The context of Rigetti Computing's operations in the quantum computing sector means that any insider activity is closely watched by investors.

Stakeholder Impact

  • Shareholders: May observe the transaction, but it is a standard procedure for tax withholding and not indicative of a negative outlook by management.

Key Dates

DateDescription
05/22/2026Transaction date for the sale of common stock by CFO Jeffrey A. Bertelsen.
05/26/2026Date of signature for the Form 4 filing.

Keywords

Rigetti Computing, RGTI, Form 4, Insider Transaction, Stock Sale, Tax Withholding, RSU Settlement, CFO, Securities and Exchange Commission

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.