Form 4: Rigetti Computing Director Alissa Fitzgerald Receives Annual RSU Grant

Rigetti Computing, Inc. director Alissa Fitzgerald was granted 14,902 restricted stock units as part of her annual compensation for board service, vesting by June 2026.

Summary

• Alissa Fitzgerald, a Director of Rigetti Computing, Inc. (RGTI), was granted 14,902 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• This grant, dated June 10, 2025, was for $0 per share, which is typical for RSU compensation.
• Following this transaction, Ms. Fitzgerald beneficially owns 171,275 shares of Common Stock.
• The RSUs represent an annual grant for her service as a director.
• The shares underlying the RSUs will vest in full on the earlier of the Issuer's 2026 annual meeting of stockholders (or the date immediately prior if her service ends) or June 10, 2026, contingent on her continuous service.
• An associated Power of Attorney, executed on June 9, 2025, authorizes specific individuals to handle Ms. Fitzgerald's SEC filings and EDGAR account administration.

Sentiment

Score: 5

Explanation: The document reports a routine and expected insider transaction (RSU grant to a director) which is neutral in terms of immediate positive or negative sentiment for the company's stock price. It reflects standard corporate governance and compensation practices.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Alissa Fitzgerald indicates continued alignment of her interests with shareholders, as vesting is tied to her ongoing service.
• The RSU grant is a standard form of compensation for board service, reflecting a routine operational aspect of corporate governance.

Negatives

• The document does not contain any explicitly negative information regarding the company's performance or outlook.

Risks

• The vesting of the granted RSUs is subject to Alissa Fitzgerald's continuous service with Rigetti Computing, Inc., meaning the shares could be forfeited if her service terminates before the vesting date.
• The Power of Attorney document explicitly states that neither the Company nor the Attorney-in-Fact assumes liability for the undersigned's responsibility to comply with SEC filing requirements or for disgorgement of profits under Section 16(b) of the Exchange Act, highlighting the individual's ultimate responsibility for compliance.

Future Outlook

The document indicates that the granted Restricted Stock Units (RSUs) are expected to vest on the earlier of the Issuer's 2026 annual meeting of stockholders or June 10, 2026, contingent on the director's continuous service.

Industry Context

This Form 4 filing details a routine equity compensation grant to a director, which is a common practice across publicly traded companies to align director incentives with shareholder interests. It does not provide broader industry trends or competitive analysis.

Comparison to Industry Standards

• This document reports a standard equity compensation grant to a director, which is a common practice in corporate governance across industries.
• The specific number of RSUs (14,902) and the total beneficial ownership (171,275 shares) for a director at Rigetti Computing, Inc. (a quantum computing company) would typically be benchmarked against compensation practices for directors at comparable technology or deep-tech companies of similar market capitalization and stage of development.
• Without specific compensation data from peer companies like IonQ, D-Wave Systems, or other emerging quantum technology firms, a direct quantitative comparison is not possible from this document alone.
• However, the use of RSUs with service-based vesting is a widely accepted and transparent method of non-cash compensation.

Corporate Governance

Related Party Transactions

• The grant of Restricted Stock Units to Alissa Fitzgerald, a director of Rigetti Computing, Inc., constitutes a related party transaction as it involves compensation to a member of the company's board. This is a standard and disclosed practice.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's long-term interests with shareholders, as the value of the compensation is tied to the company's stock performance and continued service. It represents a non-cash compensation expense.

Next Steps

• The granted Restricted Stock Units (RSUs) are scheduled to vest on the earlier of Rigetti Computing, Inc.'s 2026 annual meeting of stockholders or June 10, 2026, subject to continuous service.

Key Dates

Keywords

Rigetti Computing, RGTI, Form 4, SEC filing, Restricted Stock Units, RSU, Director compensation, Insider transaction, Alissa Fitzgerald, Equity compensation, Corporate governance