Clifton Michael S.

Director Clifton Michael S. sold 150,000 shares of RGTI at $27.34 for $4.1M; stock down 53.6% from 52-week high, company unprofitable with -$201.0M net income.

Director Clifton Michael S. sold 150,000 shares (22.9% of pre-transaction holdings) at $27.34 on 2025-12-09, reducing his stake from 653.8K to 503.8K shares. The transaction occurred at a price now 4.4% above the current market price of $26.12, but the stock has collapsed 53.6% from its 52-week high of $56.34 and has fallen 21.0% in the past 30 days alone. RGTI remains deeply unprofitable with a reported net income of -$201.0M against just $1.9M in latest-quarter revenue, and full-year fiscal results were negative. Across his same-ticker history at RGTI, Clifton's three prior sales (all in September 2025) show mixed outcomes: two sales on 2025-09-12 yielded 30-day returns of +158.4% and +119.6% respectively, but his sale on 2025-09-09 posted a 90-day return of +83.6% (stock rose after his sale, indicating poorly-timed exit); his cross-ticker track record across all holdings shows a 0.00% well-timed sell rate, with average 90-day returns of +83.6%, meaning his sells have generally been followed by further gains rather than declines.

Director Clifton Michael S. sells 75,000 RGTI shares for $1,425,150.00 across 2 transactions; holds 653,766 post-trade.

Clifton Michael S., a director at Rigetti Computing, executed two separate sales totaling 75,000 shares for $1,425,150.00 on September 12, 2025, reducing his holdings by 10.3% to 653,766 shares. The sales occurred at $17.00 and $20.00 per share, with a blended average price of $19.00, very close to the current price of $19.21. Against a backdrop of deteriorating fundamentals—the company reported quarterly revenue of $1,801,000.00 and annual net income of $-39,654,000.00, with annual revenue declining 10.1% year-over-year—this substantial open-market sale by a board member represents the liquidation of a material position. The director's cross-ticker track record shows only 1 prior sell, limiting the predictive value of his past timing patterns at other securities; same-ticker history is also minimal with only one prior sale on 2025-09-09, so no meaningful historical baseline exists for assessing his timing accuracy at Rigetti specifically.

Rigetti director Clifton sold 100,000 shares ($1.5M) at $15.39; holds 728,766 post-sale as stock trades -19.0% from 52-week high.

Director Michael S. Clifton sold 100,000 shares (100.0K shares) at $15.39 on 2025-09-09, reducing his stake to 728,766 shares (728.8K shares), a -12.1% reduction in holdings. The transaction occurs when the stock is -19.0% from its 52-week high of $20.00, yet only 1.3% above its 30-day baseline. Most notably, Rigetti is deeply unprofitable—the company recorded a net loss of $-39.7M in its most recent full fiscal year, against quarterly revenue of $1.8M, and faces -10.1% annual revenue decline. The director retains substantial holdings of 728.8K shares, preserving material exposure to a loss-making, revenue-declining quantum-computing hardware company trading well below its recent highs.