RGTI - President and CEO at Rigetti Computing Acquires Company Stock Options Worth 1000000 Shares | Benzinga
Subodh Kulkarni, President and CEO at Rigetti Computing (NASDAQ:RGTI), reported a large acquisition of company stock options on November 27, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Kulkarni, President and CEO at Rigetti Computing, a company in the Information Technology sector, was just awarded stock options worth 1,000,000 shares of RGTI. The options give Kulkarni the right to buy the company's stock at $1.05 per share.
Rigetti Computing shares are trading up 3.81% at $1.09 at the time of this writing on Tuesday morning. Since the current price is $1.09, this makes Kulkarni's 1,000,000 shares worth $1,090,000.