Form 4: Rigetti CTO Sells Shares for Tax Obligations

Rigetti Computing's CTO, David Rivas, sold 41,935 shares of common stock to cover tax withholding obligations related to RSU settlement.

Summary

• David Rivas, Chief Technology Officer of Rigetti Computing, Inc. (RGTI), reported a sale of common stock.
• The transaction occurred on November 20, 2025.
• A total of 41,935 shares were sold at a weighted average price of $26.3397 per share.
• The sales were non-discretionary, executed to satisfy tax withholding obligations in connection with the settlement of Restricted Stock Units (RSUs).
• Following this transaction, David Rivas beneficially owns 688,633 shares of common stock.
• The shares were sold in multiple transactions with prices ranging from $26.01 to $26.3528.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary insider stock sale for tax withholding purposes, which is a neutral event from an investment sentiment perspective.

Industry Context

This Form 4 filing details a routine insider transaction, specifically a 'sell to cover' to meet tax obligations upon RSU settlement. Such transactions are common across industries and typically do not reflect a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary sale for tax purposes and does not indicate a change in management's confidence or company fundamentals.

Key Dates

Keywords

Rigetti Computing, RGTI, Form 4, Insider Trading, Stock Sale, CTO, David Rivas, RSU Settlement, Tax Withholding