Form 4: Rigetti Computing CTO David Rivas Sells 275,000 Shares
SEC Form 4 Filing
Rigetti Computing's Chief Technology Officer, David Rivas, sold 275,000 shares of common stock on March 14, 2025.
Summary
- On March 14, 2025, David Rivas, the Chief Technology Officer of Rigetti Computing, Inc., sold 275,000 shares of common stock.
- The sale was executed at a weighted average price of $9.1223 per share.
- Following the transaction, Rivas directly owns 819,738 shares of Rigetti Computing common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of an insider stock sale. The size of the sale is moderate relative to the remaining holdings.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. Investors often monitor these filings to gain insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: David Rivas sold 275,000 shares of Rigetti Computing common stock. |
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