Form 4: Rigetti Computing Director Cathy McCarthy Sells 150,000 Shares

Cathy McCarthy, a director at Rigetti Computing, sold 150,000 shares of common stock at an average price of $8.0016 on March 11, 2025.

Summary

• On March 11, 2025, Cathy McCarthy, a director of Rigetti Computing, Inc. (RGTI), sold 150,000 shares of common stock.
• The shares were sold at a weighted average price of $8.0016, with individual transaction prices ranging from $8.00 to $8.015.
• Following the transaction, McCarthy directly owns 234,234 shares of Rigetti Computing common stock.
• A Power of Attorney was executed on March 12, 2025, granting Subodh Kulkarni, Jeffrey Bertelsen, Luke Kuipers, and Janelle Del Rosso the authority to act on McCarthy's behalf for SEC filings related to Rigetti Computing securities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the transactions of company insiders, allowing them to assess management's perspective on the company's value and future prospects. Monitoring insider transactions is a common practice in financial analysis.

Stakeholder Impact

• Shareholders may interpret the stock sale as a signal, although it's a single transaction and may not be indicative of a broader trend.

Key Dates