Form 4: Rigetti Computing Director Ray O. Johnson Acquires 142,857 Shares of Common Stock

Ray O. Johnson, a director at Rigetti Computing, acquired 142,857 shares of common stock on June 18, 2024, through a grant of restricted stock units.

Summary

• On June 18, 2024, Ray O. Johnson, a director of Rigetti Computing, Inc., acquired 142,857 shares of common stock.
• This acquisition was due to an annual grant of restricted stock units (RSUs) for his service as a director.
• The RSUs will vest in full on the earlier of the date of the Issuer's 2025 annual meeting of the stockholders (or the date immediately prior to such annual meeting if the Reporting Person's service as a director ends at such annual meeting) or on June 18, 2025, subject to continuous service with the Issuer.
• Following the transaction, Johnson directly owns 346,901 shares of Rigetti Computing's common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard director compensation event. The director's increased stake could be seen as a positive signal, but it's a routine occurrence.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The vesting of the RSUs is contingent upon Ray O. Johnson's continuous service as a director with Rigetti Computing.

Industry Context

This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive sign of confidence in the company.

Key Dates