Form 4: Rigetti Computing Director Alissa Fitzgerald Executes Stock Option and Sells Shares

Alissa Fitzgerald, a director at Rigetti Computing, exercised stock options and sold 30,000 shares of common stock on February 28, 2024, under a pre-arranged trading plan.

Summary

• On February 28, 2024, Alissa Fitzgerald, a director of Rigetti Computing, exercised a stock option to purchase 30,000 shares of common stock at a price of $0.272 per share.
• Simultaneously, Fitzgerald sold 30,000 shares of common stock at a weighted average price of $2.01, with prices ranging from $2.00 to $2.02.
• These transactions were executed under a Rule 10b5-1 trading plan adopted on September 13, 2023.
• Following these transactions, Fitzgerald directly owns 140,810 shares of Rigetti Computing common stock and holds options for 34,747 shares.

Sentiment

Score: 5

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

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company directors, which is a standard practice in publicly traded companies.

Stakeholder Impact

• Shareholders are informed about the director's stock transactions, providing transparency into insider activity.
• The transactions may have a minor impact on the stock price due to the volume of shares sold.

Key Dates