A director's routine Form 144 for a small liquidation of equity compensation is not unusual and carries minimal directional signal. No additional filings or corporate events were cited. Monitor for any follow-on insider sales clustering ahead of next quarterly report — a lone ~$2.6M filing by a director is not actionable alone.
Price Chart
Executive Summary
Ray O. Johnson, a director of Rigetti Computing, filed Form 144 giving notice of intent to sell 122,188 shares of common stock with an approximate market value of $2.6 million. This represents a small fraction of the company's $3.4B market cap. Johnson received these shares through compensation and option exercise — suggesting a routine liquidity sale rather than a distress signal. Historical performance on prior RGTIW reports shows high T+20 variability, providing limited calibration guidance.
Key Facts
- Form 144 filed 2026-06-08 by Director Ray O. Johnson
- Proposed sale of 122,188 shares of common stock
- Estimated market value ~$2,602,000 based on filing-day price
- Shares acquired via stock option exercise (06/10/2024) and compensation (06/10/2023 & 06/10/2024)
- Broker: Piper Sandler & Co Inc.
- Company market cap ~$3.4B — sale represents ~0.08% of shares outstanding at most
- Filing includes no indication of distress or material adverse development
Financial Impact
~$2.6M sale value; negligible relative to $3.4B market cap (~0.08% of shares)
Risk Factors
- Form 144 signals intent only — sale may or may not be executed
- Multiple directors/insiders filing similarly could indicate broader insider caution
- Warrant ticker (RGTIW) adds complexity — liquidity may differ from common equity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001967940-26-000029 |
| Document: 0001967940-26-000029-index.html | 0001967940-26-000029 |
| Document: 0001967940-26-000029.txt | 0001967940-26-000029 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 8, 2026 16w ago | 144 | $9.40 $6.21 | ▼ −33.94% | ▼ −37.75% | — |
Jun 1, 2026 17w ago | 144 | $7.65 $6.58 | ▼ −13.99% | ▼ −15.10% | — |
May 28, 2026 18w ago | 144 | $7.65 $6.77 | ▼ −11.50% | ▼ −12.69% | — |
May 21, 2026 19w ago | 8-K | $7.65 $8.45 | ▲ +10.46% | ▲ +6.16% | — |
Apr 24, 2026 23w ago | DEFA14A | $7.65 $6.12 | ▼ −20.00% | ▼ −24.78% | — |
Apr 21, 2026 23w ago | 8-K | $7.65 $5.44 | ▼ −28.89% | ▼ −33.67% | — |
Apr 7, 2026 25w ago | 8-K | $7.65 $7.65 | · 0.00% | ▼ −10.46% | — |
US Market Status
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