Form 4: Rigetti Computing Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Danis, General Counsel & Corp. Sec. of Rigetti Computing, sold 6,332 shares of common stock to cover tax withholding obligations.
Summary
- Richard Danis, General Counsel & Corp. Sec. of Rigetti Computing, filed a Form 4 disclosing changes in beneficial ownership.
- On August 14, 2024, Danis sold 6,332 shares of common stock at a weighted average price of $0.87 per share.
- The sale was a non-discretionary transaction to cover tax withholding obligations related to the settlement of restricted stock units.
- Following the transaction, Danis directly owns 1,042,005 shares of Rigetti Computing common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to a stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This sale appears to be related to tax obligations, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of stock sale transaction |
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