Johnson Ray O 4

What Happened
Ray O. Johnson, a director of Rigetti Computing, sold 84,944 shares on June 22, 2026. The reported weighted-average price was $20.55 per share, resulting in proceeds of approximately $1,745,242. This was a sale (routine disposition) executed pursuant to a pre-established trading arrangement.

Key Details

• Transaction date: 2026-06-22. Transaction type: Sale (S), reported as open-market or private sale.
• Price: Weighted average $20.55; actual trade prices ranged from $20.405 to $21.00.
• Shares sold: 84,944. Total proceeds: ~$1,745,242.
• Plan/authorization: Executed under a Rule 10b5-1 trading plan adopted March 12, 2025 and modified March 9, 2026 (footnote).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Reported for the same date as the transaction (no late‑filing indication in the provided data).

Context

• Sales under 10b5‑1 plans are pre-scheduled dispositions and are common for insiders to follow preset trading rules; they do not by themselves indicate a change in an insider’s view of the company.
• For retail investors, purchases by insiders tend to be more informative about perceived value; sales can be routine (tax, diversification, or scheduled plan) and should be interpreted in context with other insider activity and company fundamentals.