Shares of Rigetti Computing (RGTI) experienced a significant drop during Wednesday's trading session, plummeting 9.44% in a notable market movement. The sharp decline comes on the heels of a regulatory filing revealing that the company's Chief Financial Officer, Jeffrey Bertelsen, has disposed of an undisclosed number of common shares.

The timing of the CFO's share disposal and the subsequent stock price decline has caught investors' attention. While the exact details of the transaction, including the number of shares sold and the reason for the disposal, were not immediately available, such insider movements often trigger market reactions as they can be perceived as a lack of confidence in the company's near-term prospects.

Rigetti Computing, a player in the quantum computing space, has seen its stock face increased scrutiny following this development. As investors digest the news of the CFO's share disposal, many will be looking for further clarification from the company regarding its financial outlook and any potential factors that may have influenced the executive's decision to sell. The market will likely continue to monitor insider transactions and company performance closely in the coming days to gauge the broader implications of this event on Rigetti's stock valuation.