Rigetti Computing CFO Sells Shares via Pre-Set Trading Plan Amid Stock Decline
Jeffrey Bertelsen, Chief Financial Officer of Rigetti Computing (NASDAQ: RGTI), sold 25,000 shares on September 3, 2026 through a Rule 10b5-1 trading plan. The transaction was part of an automated option exercise and same-day sale, with the stock closing at $15.18 that day—near its 52-week low. Bertelsen retained ownership of 168,067 shares post-sale along with derivative securities. Rigetti Computing is a quantum computing company operating in Berkeley, California, and reported revenue of $13.4 million for the trailing twelve months (TTM), but also posted a net loss of $238.7 million during that period. The stock closed at $15.20 on September 4, with a market capitalization of $5.1 billion. The sale does not necessarily indicate negative sentiment from Bertelsen as it was non-discretionary and executed under an established plan to avoid insider trading concerns.
Tickers: $RGTI
Topics: quantum computing SEC filing stock sale