Clifton Michael S. 4
4 · Rigetti Computing, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Rigetti (RGTI) Director Michael S. Clifton Receives RSU Award
What Happened
- Michael S. Clifton, a director of Rigetti Computing, was granted 9,208 restricted stock units (RSUs) on 2026-06-09. The grant was reported as an award/acquisition (code A) at $0.00 per share (acquisition value $0). The RSUs will convert to shares only upon vesting.
Key Details
- Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (appears timely).
- Transaction type/code: Award of RSUs (A); acquisition price reported $0.00.
- Shares granted: 9,208 RSUs.
- Vesting: Per footnote, the RSUs vest in full on the earlier of the Issuer’s 2027 annual meeting (or immediately prior if director service ends) or June 9, 2027, subject to continuous service.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No sale, exercise, or tax-withholding event reported in this transaction.
Context
- RSUs are a form of compensation that convert to actual shares only after vesting; they do not represent immediately tradable stock. Grants to directors as part of annual compensation are common and are not the same signal as an open-market purchase or sale. This filing documents the grant; it does not indicate a sale or exercise.
Insider Transaction Report
Form 4
Clifton Michael S.
Director
Transactions
- Award
Common Stock
[F1]2026-06-09+9,208→ 512,974 total
Footnotes (1)
- [F1]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