Rigetti Computing Officer David Rivas exercised options for ~112k shares and sold 499.3k shares
Filings Track
Jun 02
According to the latest Form 4 filing, Rigetti Computing, Inc. (RGTI) Chief Technology Officer David Rivas executed multiple option exercises (code M) on May 29, 2026, acquiring 75,131, 33,053, 3,541 and 393 shares of common stock, respectively, at an exercise price of $0.272 per share, totaling approximately 112,118 shares. On the same day, he conducted a sale transaction (code S), disposing of 499,328 shares of common stock at a weighted average price of $25.396 per share, with individual sale prices ranging from $24.7549 to $25.62. Following these transactions, he directly owns about 325,945 shares of common stock. This pattern of exercising low-priced options and then selling a large number of shares is typical for executives and may be interpreted as a mildly bearish signal in the short term, although broader company fundamentals and additional disclosures should also be considered.
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