Rigetti (RGTI) CFO Jeffrey Bertelsen Sells 3,860 Shares

What Happened
Jeffrey A. Bertelsen, Chief Financial Officer of Rigetti Computing (RGTI), sold 3,860 shares in an open-market transaction on August 20, 2026. The weighted-average sale price was $16.89 per share, for total proceeds of approximately $65,187. This sale was reported on a Form 4 filed the same day.

Key Details

• Transaction date: 2026-08-20
• Type: Sale (Code S) — nondiscretionary sell-to-cover for tax withholding related to RSU settlement (Footnote F1)
• Shares sold: 3,860
• Weighted-average price: $16.89; reported price range: $16.69–$16.965 (Footnote F2)
• Total reported proceeds: ~$65,187
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Form 4 filed on 2026-08-20 (no late filing indicated in the provided data)

Context
Footnote F1 indicates these were nondiscretionary "sell-to-cover" sales to satisfy tax withholding obligations upon RSU settlement — a common administrative transaction that does not necessarily reflect a change in the insider’s view of the company. Footnote F2 notes the reported price is a weighted average across multiple trades; the reporting person can provide a per-trade breakdown on request.