Bertelsen Jeffrey A. 4

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.