Form 4: Rigetti Computing Director Receives RSU Grant

Sentiment:

Statement of Changes in Beneficial Ownership


Thomas J. Iannotti, a Director at Rigetti Computing, Inc., was granted 9,208 Restricted Stock Units (RSUs) on June 9, 2026, as part of his annual compensation for services.

Summary

  • Thomas J. Iannotti, a Director at Rigetti Computing, Inc. (RGTI), received a grant of 9,208 shares of Common Stock on June 9, 2026.
  • This grant is an annual award of Restricted Stock Units (RSUs) for his service as a director.
  • The RSUs will vest in full on the earlier of the 2027 annual meeting of stockholders or June 9, 2027, contingent upon his continued service.
  • Following this transaction, Iannotti beneficially owns 24,110 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine compensation event for a director rather than a significant financial or strategic development for the company.

Positives

  • Director compensation through equity awards aligns management interests with shareholders.
  • The RSU grant is a standard form of compensation for directors, indicating ongoing engagement.

Risks

  • The vesting of RSUs is contingent on continuous service, meaning a departure before the vesting date would result in forfeiture.
  • The value of the RSU grant is subject to the future stock price performance of Rigetti Computing.

Future Outlook

The Restricted Stock Units granted to Thomas J. Iannotti are set to vest on the earlier of the 2027 annual meeting of stockholders or June 9, 2027, provided he remains in continuous service as a director.

Industry Context

StockSavvy.ai notes that equity grants to directors are a common practice in the technology and semiconductor industry, serving as a key component of executive and director compensation to incentivize long-term performance and alignment with shareholder value.

Stakeholder Impact

  • Shareholders: The RSU grant represents a form of compensation that dilutes existing share ownership slightly, but it also aligns director incentives with long-term company performance.
  • Employees: This filing does not directly impact employees, but it reflects standard compensation practices for board members.
  • Management: The grant reinforces the compensation structure for directors, ensuring alignment with company goals.

Next Steps

  • Thomas J. Iannotti must maintain continuous service as a director through the vesting dates to receive the granted RSUs.
  • The RSUs will vest on the earlier of the 2027 annual meeting of stockholders or June 9, 2027.

Key Dates

DateDescription
06/09/2026Transaction Date for RSU grant and earliest transaction date.
06/10/2026Date of signature for the filing.
06/09/2027Vesting date for the RSUs, subject to continuous service.
2027Year of the Issuer's annual meeting of stockholders, which is an alternative vesting date for the RSUs.

Keywords

Rigetti Computing, RGTI, Form 4, Director Compensation, Restricted Stock Units, RSU Grant, Beneficial Ownership, Securities Exchange Act

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