RIVN Form 144 Details 17,450-Share Sale; Insider Sales Reported
Rhea-AI Filing Summary
Rivian Automotive (RIVN) Form 144 notice shows a proposed sale of 17,450 common shares through Morgan Stanley Smith Barney on 09/30/2025 and records prior restricted-stock acquisitions that total the same amount. The securities were acquired as restricted stock from the issuer on 08/15/2024 (2,142 shares), 11/15/2024 (9,314 shares) and 02/15/2025 (5,994 shares). The filing lists two recent sales by Robert J. Scaringe of 17,450 shares on 09/10/2025 and 09/16/2025 with gross proceeds of $244,300.00 for each sale. The notice includes the seller representation that no undisclosed material adverse information is known.
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Insights
TL;DR: Insider sold restricted shares acquired from the issuer; filings disclose dates, amounts, broker and gross proceeds.
The Form 144 documents a proposed sale of 17,450 Rivian common shares through Morgan Stanley and records that those shares originated as restricted stock awards granted on three dates in 2024–2025 totaling 17,450 shares. The filing also reports two recent sales by Robert J. Scaringe of 17,450 shares each on 09/10/2025 and 09/16/2025 with gross proceeds of $244,300.00 each. For investors and compliance teams, key details are the chain from grant to proposed sale, the broker name, and the seller's certification regarding material non-public information. The filing itself is procedural and does not include operational or financial performance metrics.
TL;DR: The notice reflects routine insider disposition of restricted stock; disclosures are specific and comply with Rule 144 format.
The submission identifies the securities as restricted stock issued by the company on 08/15/2024, 11/15/2024 and 02/15/2025 and shows planned and recent sales through a named broker. From a governance perspective, the form contains the required representations about material adverse information and references reliance on trading-plan or instruction dates if applicable (none stated). The filing is governance-oriented and does not provide further context such as holding-period calculations or Rule 10b5-1 plan adoption dates.