The simultaneous sale by three C-suite officers is a bearish signal, though the dollar amount is trivial relative to market cap. Monitor for any upcoming 8-K or press release that may have triggered these sales. The CTO's large grant (750K shares) could indicate a retention or performance award, but the open-market sales by all three executives on the same day warrant caution.
Price Chart
Executive Summary
Three C-suite executives at Rigetti Computing (CFO, CTO, COO) sold a combined $314K in open-market shares on August 20, 2026, with the CTO also receiving a 750K-share grant. The sales are small relative to the $5.7B market cap (~0.006%), but the cluster of three top officers selling on the same day is notable. The historical calibration shows past RGTI reports have a 20% win rate at T+20, and the score-6 calibration shows a net negative average alpha, so the impact score is biased downward.
Key Financial Metrics
Key Facts
- CFO Jeffrey Bertelsen sold 3,860 shares for ~$65K on Aug 20, 2026
- CTO Andrew Bestwick sold 5,791 shares for ~$97K on Aug 20, 2026
- COO David Rivas sold 9,038 shares for ~$152K on Aug 20, 2026
- CTO Bestwick also received a 750,000-share grant (non-cash) on Aug 18, 2026
- Total open-market sales: ~$314K, or ~0.006% of $5.7B market cap
Financial Impact
Total insider sales of ~$314K, negligible relative to $5.7B market cap
Risk Factors
- Insider sales may signal management's view that the stock is overvalued
- Past RGTI reports have a poor track record (20% win rate at T+20), reducing confidence in this signal
- Sales could be pre-planned 10b5-1 trades, but no such plan is disclosed
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RGTI-1787259724189 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $15.16 $15.99 | ▼ −5.47% | ▼ −5.97% | $15.63 (−3.13%) |
Sep 8, 2026 24d ago | 8-K | $15.81 $15.27 | ▼ −3.42% | ▼ −2.75% | $15.63 (−1.11%) |
Aug 20, 2026 6w ago | Insider Cluster | $17.91 $15.59 | ▲ +12.95% | ▲ +13.43% | $15.63 (+12.71%) |
Aug 20, 2026 6w ago | 8-K | $16.07 $16.44 | ▲ +2.33% | ▲ +1.22% | $15.63 (−2.68%) |
Jun 22, 2026 14w ago | 144 | $21.28 $19.44 | ▼ −8.65% | ▼ −9.66% | $15.63 (−26.53%) |
Jun 16, 2026 15w ago | Insider Cluster | $20.64 $21.28 | ▲ +3.10% | ▲ +5.33% | $15.63 (−24.25%) |
Jun 11, 2026 16w ago | Institutional Cluster | $20.63 $20.25 | ▼ −1.87% | ▼ −2.30% | $15.63 (−24.22%) |
Jun 10, 2026 16w ago | Insider Cluster | $19.45 $20.64 | ▼ −6.15% | ▼ −2.71% | $15.63 (+19.60%) |
May 26, 2026 18w ago | Insider Cluster | $24.62 $26.88 | ▲ +9.18% | ▲ +7.97% | $15.63 (−36.50%) |
May 21, 2026 19w ago | Press Release | $22.04 $27.03 | ▲ +22.64% | ▲ +21.04% | $15.63 (−29.07%) |
US Market Status
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