Johnson Ray O 4
4 · Rigetti Computing, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Rigetti (RGTI) Director Ray O. Johnson Sells Shares
What Happened
- Rigetti director Ray O. Johnson reported open-market sales of a total 122,188 shares (116,217 + 5,971) for combined proceeds of about $2,602,842 on June 8, 2026. The filing also shows a grant of 9,208 restricted stock units (RSUs) on June 9, 2026 at $0.00 (director compensation).
Key Details
- Transaction dates: sales on 2026-06-08; RSU grant on 2026-06-09. Form 4 filed 2026-06-10 (timely).
- Sale details:
- 116,217 shares at a weighted-average price reported as $21.28 (total $2,472,889). Prices for these lots ranged $20.725–$21.72. (Footnote)
- 5,971 shares at a weighted-average price reported as $21.76 (total $129,953). Prices for these lots ranged $21.725–$21.82. (Footnote)
- Grant details: 9,208 RSUs (annual director award) vest in full on the earlier of the 2027 annual meeting (or immediately prior if service ends) or June 9, 2027, subject to continued service.
- Sales were executed pursuant to a Rule 10b5-1 trading plan adopted March 12, 2025 and modified March 9, 2026.
- Shares owned after the transactions are not specified in the provided filing.
Context
- The sales were conducted under a pre-established 10b5-1 plan, which commonly indicates scheduled, preplanned disposition rather than a discretionary, real-time decision. The RSU grant is standard director compensation and will vest next year if service continues. Sales are often routine; they do not by themselves indicate insider sentiment about the company.
Insider Transaction Report
Form 4
Johnson Ray O
Director
Transactions
- Sale
Common Stock
[F1][F2]2026-06-08$21.28/sh−116,217$2,472,889→ 177,244 total - Sale
Common Stock
[F1][F3]2026-06-08$21.76/sh−5,971$129,953→ 171,273 total - Award
Common Stock
[F4]2026-06-09+9,208→ 180,481 total
Footnotes (4)
- [F1]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2025, and modified on March 9, 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.725 to $21.72, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.725 to $21.82, 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.
- [F4]Represents an annual grant of restricted stock units ("RSUs") for service as a director of the Issuer. The shares underlying the RSUs will vest in full on the earlier of (i) the date of the Issuer's 2027 annual meeting of the stockholders (or the date immediately prior to such annual meeting if the Reporting Person's service as a director ends at such annual meeting) or (ii) on June 9, 2027, each subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
Signature
/s/ Jeffrey Bertelsen, Attorney-in-Fact|2026-06-10