Rigetti Computing’s CEO, Subodh Kulkarni, is holding onto his stake in the company despite a 150% surge in stock price this year. Rumors that he sold shares sparked concerns, but Kulkarni claims to have “no plans to reduce my stake.” The CEO holds 0.8% equity through stock options, with 1.6 million vested and 1.1 million unvested. His compensation is tied to long-term performance, showing his deep investment in the company’s success. A recent report sparked a surge in the stock price after news of potential government investment, but this has not affected Kulkarni’s decision.
Source: https://www.barrons.com/articles/rigetti-computing-stock-sale-2256f858