RGTIW Rigetti Computing, Inc.
Price Chart
Executive Summary
Rigetti Computing CEO Subodh Kulkarni filed a Form 144 notice to sell 43,190 common shares (~$1.13M at the filing) through Piper Sandler. This is an advance notice of intent to sell, not a completed transaction, but it signals insider monetization following a stock option exercise and comes amid elevated share price (implied ~$26.25 per share by filing, while the warrants trade). As CEO selling his own shares, this carries modest negative signal but is tempered by its small absolute size and the nature of a Form 144 as intent only.
Actionable Insight
Form 144 signals intent to sell, not a done deal. For a CEO with a stock-option exercise paired with almost immediate sale filing, the optics are neutral to slightly negative. The absolute dollar amount is small ($1.13M) relative to a $4.5B market cap. Monitor for Form 4 filings over the next week to confirm actual execution. If the full block clears at or near current levels, the immediate overhang is negligible.
Key Facts
- CEO Subodh Kulkarni filed Form 144 to sell 43,190 shares of Rigetti Computing common stock
- Estimated proceeds ~$1,132,839 at the filing date implied price of ~$26.25/share
- Shares acquired via stock option exercise on the same day (05/28/2026), payment method: cash
- Broker handling the sale: Piper Sandler & Co Inc
- Stock is quoted on Nasdaq; issuer market cap at time of report is $4.5B
Financial Impact
~$1.13M sale by CEO (43,190 shares × implied ~$26.25); small relative to $4.5B market cap (~0.025%)
Risk Factors
- CEO selling after option exercise may indicate personal liquidity needs, not bearishness, but creates perception risk
- Additional Form 144 filings from Kulkarni or other insiders could accumulate into more meaningful selling pressure
- RGTIW is a warrant — its valuation is more volatile and sensitive to capital structure events than the common stock
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001967940-26-000023 |
| Document: 0001967940-26-000023-index.html | 0001967940-26-000023 |
| Document: 0001967940-26-000023.txt | 0001967940-26-000023 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 1, 2026
4d ago
|
144
| — | awaiting T+20 | — | — |
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May 28, 2026
8d ago
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144
| — | awaiting T+20 | — | — |
|
May 21, 2026
15d ago
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8-K
| — | awaiting T+20 | — | — |
|
Apr 24, 2026
6w ago
|
DEFA14A
| $7.65 $13.90 | ▲ +81.70% | ▲ +76.74% | $10.18 (+33.07%) |
|
Apr 21, 2026
6w ago
|
8-K
| $7.65 $7.65 | · 0.00% | ▼ −3.17% | $10.18 (+33.07%) |
|
Apr 7, 2026
8w ago
|
8-K
| $7.65 $7.65 | · 0.00% | ▼ −8.54% | $10.18 (+33.07%) |
US Market Status
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