CTO Sells $12.7 Million in Open Market Shares Following Option Exercise
RGTI has more than doubled off its 52-week low of $10.3 on elevated volume (1.9× avg).
Summary
Rigetti Computing's CTO, David Rivas, sold $12.7 million worth of company stock in the open market after exercising options, completing a previously announced intent to sell.
Key Events · Ownership and Investor Activity · RGTI
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CTO Sells Significant Stake
David Rivas, Chief Technology Officer, sold 499,328 shares of common stock for approximately $12.7 million at an average price of $25.40 per share.
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Option Exercise Preceded Sale
The sale was preceded by the exercise of options to acquire 112,118 shares for $30,496.10 at an exercise price of $0.27 per share.
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Follows Form 144 Filing
This open market sale executes the intent to sell approximately $12.7 million worth of stock, as previously indicated in a Form 144 filed on May 29, 2026.
Analysis · RGTI · Technology
Rigetti Computing's Chief Technology Officer, David Rivas, sold a significant amount of common stock in the open market. This transaction follows an option exercise and represents a substantial disposition of shares by a key executive, which can be interpreted as a negative signal regarding insider conviction. This sale executes the intent previously disclosed in a Form 144 filing on May 29, 2026.
How filings like this one have moved
In the 30 days to Sep 12, 2026, 29.8% of the 1910 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.15%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, RGTI was trading at $25.54 on NASDAQ in the Technology sector, with a market capitalization of approximately $8.5B. The 52-week trading range was $10.30 to $58.15. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.