David Rivas

CTO David Rivas sells 499,328 shares of RGTI at $25.40 for $12.7M; retains 325,945 shares plus 271,236 derivative options.

David Rivas, Chief Technology Officer, sold 499,328 shares ($12.7M total value) on 2026-05-29 at $25.40 per share, reducing his non-derivative holdings by 60.5% to 325,945 shares. The sale occurred in the context of RGTI trading at $25.63 currently—down 55.9% from its 52-week high of $58.15—despite a 46.5% rebound over the past 30 days and 51.1% gains over 90 days. His prior sales at RGTI show mixed timing: only 1 of his 5 previous sells at this ticker captured a negative 90-day return (stock falling post-sale), and his cross-ticker track record across all open-market history shows a 16.67% well-timed rate on 6 prior sells, with average 90-day returns of +31.1% (meaning those sales were typically followed by stock appreciation, not declines). Operationally, RGTI reported $4.4M in latest-quarter revenue but $33.1M in net income for that quarter; however, the company faced -34.3% annual revenue decline and was unprofitable over its most recent full fiscal year. Rivas retains meaningful upside exposure: 271,236 derivative shares (employee stock options) remain open, along with his 325,945 non-derivative shares, representing a substantial ongoing stake in the company despite this large transaction.

CTO David Rivas sold 36,719 RGTI shares at $17.52; stock now -69.9% from 52-week high amid -34.3% revenue decline

CTO David Rivas sold 36.7K shares at $17.52 on 2026-03-10, reducing his position by 4.8% to 731.9K shares post-transaction. The stock has since declined to $16.94, down 69.9% from its 52-week high of $56.34 and down 37.0% over the past 90 days. At Rivas' prior four trades at Rigetti, only 1 of 5 resulted in a well-timed exit based on 90-day performance, suggesting inconsistent execution timing at this ticker. Against this backdrop, the company reported $1.9M quarterly revenue with a $-201.0M net loss and negative full-year profitability, alongside a steep 34.3% annual revenue decline. This sale occurs in an environment of significant operational headwinds and depressed valuation relative to recent trading history.

CTO Rivas sold 41,935 shares at $26.34 for $1.1M; stock now $23.59, -58.1% from 52-week high, amid -10.1% revenue decline and $-201.0M net loss.

David Rivas, Chief Technology Officer of Rigetti Computing, sold 41,935 shares (688.6K remaining post-transaction) at $26.34 on 2025-11-20, totaling $1.1M. The stock has since fallen to $23.59, a 30-day decline of 34.6%, though the 90-day return shows +59.2% from three months prior to the sale—suggesting the stock was substantially elevated when he sold. At the same-ticker level, Rivas's prior four sales at RGTI show no well-timed exits: his 2025-08-20 sale was followed by a 90-day +73.2% return, and his other three sales also saw positive 90-day performance, indicating he has consistently exited before further upward moves at this company. Fundamentally, the company's latest quarter posted $1.9M revenue with a $-201.0M net loss, and full-year revenue declined 10.1% year-over-year; the $7.8B market cap reflects significant valuation relative to these deteriorating metrics. This sale does not follow a clear pattern of prescient timing but occurs during a period of elevated stock price relative to weakening financial performance.

Rigetti CTO Rivas sells 44,355 shares at $14.85; stock down 8.2% in 30d, retains 730,568 shares post-sale

David Rivas, Chief Technology Officer of Rigetti Computing, sold 44,355 shares (44.4K shares) at $14.85 on 2025-08-20 for total proceeds of $658,472.15, reducing his holdings by 5.7% to 730,568 shares. The sale occurs against a backdrop of weak near-term price momentum (stock down 8.2% over 30 days, trading at $14.76 current price versus $20.00 52-week high), though the company has gained 6.5% over 90 days. Rigetti remains unprofitable with a $-39.7M net loss in the latest quarter and negative annual revenue growth of -10.1%, creating pressure on insider confidence. Rivas's prior three sales at RGTI have not exhibited well-timed patterns at the 90-day mark (0 of 3 prior sells were well-timed), and his broader cross-ticker track record shows a 0.00% 90-day well-timed rate across all insider selling activity.

CTO Rivas sold 44,815 RGTI shares at $11.89 (now $13.86); stock up 61.7% in 30 days after negative FY earnings

David Rivas, Chief Technology Officer, sold 44,815 shares on 2025-05-21 at $11.89, reducing his holdings by 5.5% to 774,923 shares post-transaction. The sale occurred in an elevated price environment: RGTI has gained 61.7% over the past 30 days and 28.9% over 90 days, though it remains 30.7% below its 52-week high. The company's underlying fundamentals present a mixed picture—latest quarterly revenue was $1,472,000.00 while the most recent full fiscal year produced negative net income, alongside annual revenue contraction of 10.1%. Rivas's prior trades at RGTI (two sales on 2025-03-11 and 2025-03-14) produced divergent short-term returns (+21.3% and -0.2% at 30 days respectively), and neither yet has measurable 90-day outcomes. The current sale at $11.89 follows substantial recent appreciation but occurs against a backdrop of financial distress at the company level, warranting attention to whether the transaction reflects response to near-term valuation momentum.

CTO David Rivas sells 275,000 RGTI shares at $9.12; stock now at $11.22. Profitable exit before -43.9% drawdown from 52-week high.

CTO David Rivas sold 275,000 shares (275.0K shares) at $9.12 on 2025-03-14, reducing his holding by -25.1%, while the stock has since appreciated to $11.22 (24.3% above sale price). The transaction preceded a substantial drawdown: the stock is now -43.9% from its 52-week high of $20.00, suggesting the sale occurred relatively early in the recent decline. Rigetti remains unprofitable with a latest-quarter revenue of $2,378,000 and a full-year net loss of -$14,833,000, alongside annual revenue contraction of -10.1%. The sale occurred immediately after a prior RGTI sale on 2025-03-11, signaling sustained liquidation activity during a period when the company's operational metrics remain challenged despite near-term upward price momentum (90-day return: +56.7%).

CTO Rivas David sold 351.8K shares of RGTI at $7.76 (-$0.29 from current), reducing holdings by 24.3% to 1.09M shares

David Rivas, the Chief Technology Officer, executed a substantial sale of 351,785 shares at $7.76 on 2025-03-11, reducing his stake by 24.3% from 1,446,523 to 1,094,738 shares. The sale occurred amid deteriorating price momentum: the stock is down 59.8% from its 52-week high of $20.00 and down 37.4% over the past 30 days, though it has recovered 9.1% over the past 90 days. The company faces significant financial headwinds, with quarterly revenue of $2,378,000, full-year net income of $-14,833,000 (unprofitable), and annual revenue declining 10.1% year-over-year. The execution of a material stake reduction by a C-suite technologist during a period of negative profitability and sharp stock weakness may signal reduced confidence in near-term recovery prospects.