Bertelsen Jeffrey A. 4
4 · Rigetti Computing, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Rigetti CFO Jeffrey Bertelsen Receives 180,000-Share Award
What Happened Jeffrey A. Bertelsen, Chief Financial Officer of Rigetti Computing (RGTI), was granted a 180,000-share derivative award (stock options) on March 10, 2026 (acquisition at $0.00). On the same date he sold 4,270 shares in an open-market sell-to-cover transaction at a weighted average price of $17.52, generating proceeds of $74,804. The sale was reported as nondiscretionary to satisfy tax-withholding obligations related to the award.
Key Details
- Transaction dates: March 10, 2026 (reported on Form 4 filed March 11, 2026) — timely filing.
- Grant: 180,000 derivative shares (stock options) acquired at $0.00.
- Sale: 4,270 shares disposed; weighted average price $17.52 (range $17.35–$17.60); proceeds $74,804.
- Vesting/other footnotes: The award/options vest 1/36th on the 10th of each month beginning April 2026, subject to continuous service (footnote F3). The sale was a sell-to-cover for tax withholding (footnote F1); weighted-average pricing details provided (footnote F2).
- Shares owned after the transactions: not specified in the provided filing.
Context
- The 180,000-share entry is a derivative grant (stock options) that will vest monthly if the CFO remains with the company; this is an acquisition of award rights, not an open-market purchase.
- The small open-market sale was routine sell-to-cover tax withholding and is not necessarily a directional signal about the insider’s view on the stock.
Insider Transaction Report
Form 4
Bertelsen Jeffrey A.
CHIEF FINANCIAL OFFICER
Transactions
- Sale
Common Stock
[F1][F2]2026-03-10$17.52/sh−4,270$74,804→ 175,609 total - Award
Employee Stock Option (Right to Buy)
[F3]2026-03-10+180,000→ 180,000 totalExercise: $16.99Exp: 2036-03-09→ Common Stock (180,000 underlying)
Footnotes (3)
- [F1]The sales reported in this row represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the settlement of RSUs.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.35 to $17.60, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]One-thirty-sixth (1/36th) of these stock options vest and become exercisable on the 10th day of each calendar month commencing in April 2026, subject to the Reporting Person's continuous service with the Issuer through each such vesting date.
Signature
/s/ Jeffrey Bertelsen|2026-03-11