AlphAIalphai — Financial news for AI agents
SEC EDGARJUN 12 min read$RGTI

Kulkarni Subodh K sold $1.5M of RGTI

Kulkarni Subodh K (President and CEO) sold 61,000 shares of Rigetti Computing, Inc. (RGTI) at $24.38 ($1.49M total) on 2026-06-01.

Original reporting
SEC EDGAR · Kulkarni Subodh K
Published Jun 1, 2026, 8:12 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jun 1, 2026, 8:27 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About alphai AI DeskScoring methodologyReport an issue
alphai market briefInsider activity
Primary signal
$RGTI
Neutral
medium confidence
Mentioned
$RGTI
Relevance
6/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$RGTINeutralLow
01

Why it matters

The disclosure provides a datapoint on insider liquidity/sentiment but does not include new company performance, guidance, or deal information.

02

Market read

Traders may briefly reassess sentiment around RGTI, but the event lacks fundamental substance.

03

What to watch

No 10b5-1 plan is cited; traders may over-interpret intent—check for other insider buys/sells and broader volume/price action around the filing.

Relevance 6/10Novelty 6/10Timing: Filed same day (2026-06-01) after-hours disclosure window

Background

This is an SEC Form 4 insider transaction disclosure for Rigetti Computing, Inc.

Company-level read

Ticker impact

$RGTINeutralMedium confidence
Context

Rigetti Computing CEO/President Subodh K. Kulkarni sold 61,000 shares in an open-market transaction worth about $1.49M, disclosed via SEC Form 4.

Expected impact

Likely limited, short-lived negative bias unless paired with other negative company news.

Evidence & confidence

The filing is a routine insider transaction (open-market sale) with no stated 10b5-1 plan and no accompanying operational/financial disclosure.

Market effects

Sector

Minimal; insider selling at one quantum/compute name typically doesn’t reset sector expectations.

Regional

None material beyond US small-cap/tech sentiment.

Global

None.

Counterpoint

What could challenge this read

A single open-market sale can reflect diversification or scheduled liquidity needs rather than bearish expectations.

Key entities

  • issuer
    Rigetti Computing, Inc.

    Subject of the insider sale disclosure (Form 4).

  • insider
    Kulkarni Subodh K

    President and CEO who sold 61,000 shares on 2026-06-01.

Read at source← All news

Related articles

AUG 7
$RGTIMed

Rigetti Computing (RGTI) Stock Gains After Record Q2 Revenue Performance

Rigetti Computing (RGTI) reported Q2 revenue of $5.14 million, slightly above the $5.09 million analyst estimate and up from $1.8 million a year earlier. System and component revenue was $4.1 million, reversing prior-year zero system sales. Shares rose 4.9% to lag IonQ and D-Wave. Operating deficit widened to $28.1 million; cash was $541.3 million with no debt.

blockonomi.com7 min
AUG 7
$RGTIMed

Rigetti Computing Reports Second Quarter 2026 Financial Results

Rigetti Computing (Nasdaq: RGTI) reported Q2 2026 revenue of $5.1 million and an operating loss of $28.1 million. GAAP net loss was $52.6 million, or GAAP diluted loss per share of $0.16. Cash, cash equivalents, and available-for-sale investments totaled $541.3 million as of June 30, 2026. The company cited progress on hybrid quantum-classical deployments with HPE and a U.S. Department of Commerce LOI for up to $100 million.

thequantuminsider.com6 min
AUG 6
$RGTIMedAI 8/10

Rigetti Computing, Inc. (RGTI): Results of Operations and Financial Condition

Rigetti Computing, Inc. (RGTI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 rgti-20260806xex99d1.htm EX-99.1 Exhibit 99.1 ​ Rigetti Computing Reports Second Quarter 2026 Financial Results Growing demand for Rigetti’s quantum systems, progress on the technology roadmap, and strategic U.S. government support BERKELEY, Calif., August 6, 2026 -- Ri

SEC EDGAR 8-K6 min