Dr. Alissa Fitzgerald, a member of the Board of Directors at Rigetti Computing (NASDAQ:RGTI), made headlines recently with her open-market sale of 59,316 shares on Jan. 2, 2026. The transaction amounted to approximately $1.3 million based on a weighted average price of $22.41 per share, as reported in a SEC Form 4 filing.
This sale represented a significant portion of Dr. Fitzgerald’s direct holdings, reducing her stake by 63.11% and leaving her with 34,675 shares post-transaction. It is worth noting that all shares were sold from her direct ownership, with no involvement of indirect holdings or derivative transactions.
The size of this trade was notably larger than Dr. Fitzgerald’s historical median sell size, indicating a substantial decrease in her holdings over the past two years. In fact, her direct ownership has declined by over 90% since February 2024, signaling a pattern of depletion.
In terms of the sale price, the weighted average of $22.41 per share was 5.0% below the market close on Jan. 2, 2026, and 11.3% below the current price as of Jan. 8, 2026. This suggests that the sale was executed at a slight discount to prevailing market levels.
Rigetti Computing specializes in quantum computing hardware and cloud-based services, catering to enterprise, research, and government clients. The company generates revenue through integrated solutions that provide access to quantum computing resources on various cloud infrastructures.
Despite the recent surge in interest in quantum computing, Rigetti’s financial performance has been mixed, with revenue declining in the past year. The company’s stock price has soared by 151.49% over the past year, reflecting investor optimism in the potential of quantum computing technology.
In conclusion, while Dr. Fitzgerald’s sale of shares may raise concerns about the company’s outlook, it is essential to consider the broader market dynamics and financial performance of Rigetti Computing. As always, investors should conduct their research and due diligence before making any investment decisions.
