Form 4: Rigetti Computing Director Receives RSU Grant

Michael S. Clifton, a Director at Rigetti Computing, Inc., was granted 9,208 Restricted Stock Units (RSUs) on June 9, 2026, as part of his annual compensation.

Summary

• Michael S. Clifton, a Director at Rigetti Computing, Inc., received an annual grant of 9,208 Restricted Stock Units (RSUs) on June 9, 2026.
• These RSUs are for his service as a director.
• The shares underlying the RSUs will vest in full on the earlier of the Issuer's 2027 annual meeting of stockholders or June 9, 2027, provided Mr. Clifton remains in continuous service as a director.
• Following this transaction, Mr. Clifton beneficially owns 512,974 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine equity grant for director compensation and does not contain new financial performance data or strategic shifts.

Positives

• Director compensation through equity awards indicates alignment with company performance and long-term commitment.
• The grant of RSUs is a standard practice for director compensation, suggesting normal corporate operations.

Risks

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

Future Outlook

The RSUs are set to vest on June 9, 2027, or earlier at the 2027 annual meeting, contingent on continued service.

Industry Context

StockSavvy.ai notes that equity grants to directors are a common practice in the technology sector, particularly for growth-oriented companies like Rigetti Computing, to incentivize long-term commitment and align executive interests with shareholder value.

Related Party Transactions

• The grant of Restricted Stock Units to Michael S. Clifton, a Director, for his service is a related party transaction.

Stakeholder Impact

• Shareholders: The grant of RSUs dilutes existing share ownership slightly, but it also aligns director incentives with long-term company performance.
• Employees: This filing does not directly impact employees.
• Management: Reinforces standard compensation practices for directors.

Next Steps

• Continuous service by Michael S. Clifton as a director until the vesting date.
• Vesting of 9,208 RSUs on or before June 9, 2027.

Key Dates

Keywords

Rigetti Computing, RGTI, Form 4, Director Compensation, Restricted Stock Units, RSU Grant, Beneficial Ownership, SEC Filing