Kulkarni Subodh K 4

What Happened Subodh K. Kulkarni, President & CEO and a director of Rigetti Computing, was granted a derivative award of 600,000 shares on 2026-03-10. The filing reports the award at a $0.00 price (derivative instrument), so the reported transaction value is $0. This was an award/grant (not an open-market purchase or sale) and is typically part of executive compensation/retention.

Key Details

• Transaction date: 2026-03-10; Form filed: 2026-03-11 (appears timely).
• Transaction type: A = Award/Grant of a derivative instrument; reported price $0.00; reported value $0.
• Vesting: Footnote states 1/36th vests on the 10th of each calendar month beginning April 2026 (monthly vesting over 36 months), subject to continuous service.
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan, tax-withholding, or sale reported in this Form 4.

Context This is a standard executive equity grant aimed at compensation/retention; it does not represent an immediate purchase or sale of shares. Because the award vests monthly over three years, the shares/options become exercisable/transferable only as they vest and if Kulkarni remains employed. The ultimate economic value will depend on Rigetti’s future share price and the specific derivative terms not fully detailed in the filing.