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[Form 3] Rivian Automotive, Inc. Initial Statement of Beneficial Ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3
Rhea-AI Filing Summary

Michael John Callahan, Chief Administrative Officer of Rivian Automotive (RIVN), filed an initial Form 3 statement disclosing his beneficial ownership position as of June 11, 2025. The filing reveals significant equity holdings in both direct shares and stock options.

Key holdings include:

  • 930,753 Class A Common Stock shares, comprising 203,685 shares from vested RSUs, 5,842 shares from ESPP purchases, and 721,226 unvested RSUs with various vesting schedules through 2025
  • Stock Options totaling 1,986,068 shares: - 1,025,116 shares at $13.02 (expires 2033) - 264,086 shares at $10.90 (expires 2034) - 696,866 shares at $11.15 (expires 2035)

The unvested RSUs follow a structured vesting schedule over quarterly periods, while stock options vest annually at 20-25% over 4-5 years, indicating a long-term retention strategy for the executive.

Michael John Callahan, Chief Administrative Officer di Rivian Automotive (RIVN), ha presentato una dichiarazione iniziale Form 3 che rivela la sua posizione di proprietà beneficiaria al 11 giugno 2025. Il documento evidenzia una significativa partecipazione azionaria sia in azioni dirette che in opzioni su azioni.

Le principali partecipazioni includono:

  • 930.753 azioni di Classe A Common Stock, di cui 203.685 azioni derivanti da RSU maturate, 5.842 azioni acquistate tramite ESPP e 721.226 RSU non maturate con diversi piani di maturazione fino al 2025
  • Opzioni su azioni per un totale di 1.986.068 azioni:
    - 1.025.116 azioni a $13,02 (scadenza 2033)
    - 264.086 azioni a $10,90 (scadenza 2034)
    - 696.866 azioni a $11,15 (scadenza 2035)

Le RSU non maturate seguono un programma di maturazione trimestrale, mentre le opzioni su azioni maturano annualmente tra il 20% e il 25% per un periodo di 4-5 anni, indicando una strategia di retention a lungo termine per il dirigente.

Michael John Callahan, Director Administrativo de Rivian Automotive (RIVN), presentó una declaración inicial en el Formulario 3 que revela su posición de propiedad beneficiaria al 11 de junio de 2025. El documento muestra una significativa participación accionaria tanto en acciones directas como en opciones sobre acciones.

Las principales participaciones incluyen:

  • 930,753 acciones Clase A Common Stock, que comprenden 203,685 acciones de RSU adquiridas, 5,842 acciones compradas mediante ESPP y 721,226 RSU no adquiridas con distintos planes de adquisición hasta 2025
  • Opciones sobre acciones que suman 1,986,068 acciones:
    - 1,025,116 acciones a $13.02 (vencimiento 2033)
    - 264,086 acciones a $10.90 (vencimiento 2034)
    - 696,866 acciones a $11.15 (vencimiento 2035)

Las RSU no adquiridas siguen un calendario de adquisición trimestral, mientras que las opciones sobre acciones se adquieren anualmente entre el 20% y 25% durante 4-5 años, lo que indica una estrategia de retención a largo plazo para el ejecutivo.

Michael John CallahanRivian Automotive (RIVN)의 최고관리책임자(CAO)로서 2025년 6월 11일 기준 그의 실질 소유 지분을 공개하는 초기 Form 3 신고서를 제출했습니다. 이 신고서는 직접 주식과 스톡옵션 모두에서 상당한 지분 보유를 나타냅니다.

주요 보유 내역은 다음과 같습니다:

  • 930,753주 클래스 A 보통주로, 이 중 203,685주는 확정된 RSU, 5,842주는 ESPP 구매분, 721,226주는 2025년까지 다양한 베스팅 스케줄을 가진 미확정 RSU입니다.
  • 스톡옵션1,986,068주:
    - 1,025,116주 행사가 $13.02 (만료 2033)
    - 264,086주 행사가 $10.90 (만료 2034)
    - 696,866주 행사가 $11.15 (만료 2035)

미확정 RSU는 분기별 베스팅 스케줄을 따르며, 스톡옵션은 연간 20-25%씩 4-5년에 걸쳐 베스팅되어 임원의 장기 유지 전략임을 보여줍니다.

Michael John Callahan, Directeur Administratif de Rivian Automotive (RIVN), a déposé une déclaration initiale Formulaire 3 révélant sa position de propriété bénéficiaire au 11 juin 2025. Le dépôt révèle une détention importante d’actions à la fois sous forme d’actions directes et d’options d’achat d’actions.

Les principales détentions comprennent :

  • 930 753 actions ordinaires de Classe A, comprenant 203 685 actions issues de RSU acquises, 5 842 actions achetées via le plan ESPP, et 721 226 RSU non acquises avec différents calendriers d’acquisition jusqu’en 2025
  • Options d’achat d’actions totalisant 1 986 068 actions :
    - 1 025 116 actions à 13,02 $ (expiration en 2033)
    - 264 086 actions à 10,90 $ (expiration en 2034)
    - 696 866 actions à 11,15 $ (expiration en 2035)

Les RSU non acquises suivent un calendrier d’acquisition trimestriel, tandis que les options d’achat d’actions s’acquièrent annuellement à hauteur de 20-25 % sur 4-5 ans, indiquant une stratégie de fidélisation à long terme pour le dirigeant.

Michael John Callahan, Chief Administrative Officer von Rivian Automotive (RIVN), hat eine erste Form 3-Erklärung eingereicht, in der seine wirtschaftliche Eigentumsposition zum 11. Juni 2025 offengelegt wird. Die Einreichung zeigt bedeutende Aktienbestände sowohl in direkten Aktien als auch in Aktienoptionen.

Wesentliche Beteiligungen umfassen:

  • 930.753 Aktien der Klasse A Common Stock, bestehend aus 203.685 Aktien aus bereits gewährten RSUs, 5.842 Aktien aus ESPP-Käufen und 721.226 nicht gewährten RSUs mit unterschiedlichen Vesting-Zeitplänen bis 2025
  • Aktienoptionen mit insgesamt 1.986.068 Aktien:
    - 1.025.116 Aktien zu $13,02 (Ablauf 2033)
    - 264.086 Aktien zu $10,90 (Ablauf 2034)
    - 696.866 Aktien zu $11,15 (Ablauf 2035)

Die nicht gewährten RSUs folgen einem strukturierten vierteljährlichen Vesting-Plan, während Aktienoptionen jährlich zu 20-25% über 4-5 Jahre vesten, was auf eine langfristige Bindungsstrategie des Führungskräfte hinweist.

Positive
  • None.
Negative
  • None.

Michael John Callahan, Chief Administrative Officer di Rivian Automotive (RIVN), ha presentato una dichiarazione iniziale Form 3 che rivela la sua posizione di proprietà beneficiaria al 11 giugno 2025. Il documento evidenzia una significativa partecipazione azionaria sia in azioni dirette che in opzioni su azioni.

Le principali partecipazioni includono:

  • 930.753 azioni di Classe A Common Stock, di cui 203.685 azioni derivanti da RSU maturate, 5.842 azioni acquistate tramite ESPP e 721.226 RSU non maturate con diversi piani di maturazione fino al 2025
  • Opzioni su azioni per un totale di 1.986.068 azioni:
    - 1.025.116 azioni a $13,02 (scadenza 2033)
    - 264.086 azioni a $10,90 (scadenza 2034)
    - 696.866 azioni a $11,15 (scadenza 2035)

Le RSU non maturate seguono un programma di maturazione trimestrale, mentre le opzioni su azioni maturano annualmente tra il 20% e il 25% per un periodo di 4-5 anni, indicando una strategia di retention a lungo termine per il dirigente.

Michael John Callahan, Director Administrativo de Rivian Automotive (RIVN), presentó una declaración inicial en el Formulario 3 que revela su posición de propiedad beneficiaria al 11 de junio de 2025. El documento muestra una significativa participación accionaria tanto en acciones directas como en opciones sobre acciones.

Las principales participaciones incluyen:

  • 930,753 acciones Clase A Common Stock, que comprenden 203,685 acciones de RSU adquiridas, 5,842 acciones compradas mediante ESPP y 721,226 RSU no adquiridas con distintos planes de adquisición hasta 2025
  • Opciones sobre acciones que suman 1,986,068 acciones:
    - 1,025,116 acciones a $13.02 (vencimiento 2033)
    - 264,086 acciones a $10.90 (vencimiento 2034)
    - 696,866 acciones a $11.15 (vencimiento 2035)

Las RSU no adquiridas siguen un calendario de adquisición trimestral, mientras que las opciones sobre acciones se adquieren anualmente entre el 20% y 25% durante 4-5 años, lo que indica una estrategia de retención a largo plazo para el ejecutivo.

Michael John CallahanRivian Automotive (RIVN)의 최고관리책임자(CAO)로서 2025년 6월 11일 기준 그의 실질 소유 지분을 공개하는 초기 Form 3 신고서를 제출했습니다. 이 신고서는 직접 주식과 스톡옵션 모두에서 상당한 지분 보유를 나타냅니다.

주요 보유 내역은 다음과 같습니다:

  • 930,753주 클래스 A 보통주로, 이 중 203,685주는 확정된 RSU, 5,842주는 ESPP 구매분, 721,226주는 2025년까지 다양한 베스팅 스케줄을 가진 미확정 RSU입니다.
  • 스톡옵션1,986,068주:
    - 1,025,116주 행사가 $13.02 (만료 2033)
    - 264,086주 행사가 $10.90 (만료 2034)
    - 696,866주 행사가 $11.15 (만료 2035)

미확정 RSU는 분기별 베스팅 스케줄을 따르며, 스톡옵션은 연간 20-25%씩 4-5년에 걸쳐 베스팅되어 임원의 장기 유지 전략임을 보여줍니다.

Michael John Callahan, Directeur Administratif de Rivian Automotive (RIVN), a déposé une déclaration initiale Formulaire 3 révélant sa position de propriété bénéficiaire au 11 juin 2025. Le dépôt révèle une détention importante d’actions à la fois sous forme d’actions directes et d’options d’achat d’actions.

Les principales détentions comprennent :

  • 930 753 actions ordinaires de Classe A, comprenant 203 685 actions issues de RSU acquises, 5 842 actions achetées via le plan ESPP, et 721 226 RSU non acquises avec différents calendriers d’acquisition jusqu’en 2025
  • Options d’achat d’actions totalisant 1 986 068 actions :
    - 1 025 116 actions à 13,02 $ (expiration en 2033)
    - 264 086 actions à 10,90 $ (expiration en 2034)
    - 696 866 actions à 11,15 $ (expiration en 2035)

Les RSU non acquises suivent un calendrier d’acquisition trimestriel, tandis que les options d’achat d’actions s’acquièrent annuellement à hauteur de 20-25 % sur 4-5 ans, indiquant une stratégie de fidélisation à long terme pour le dirigeant.

Michael John Callahan, Chief Administrative Officer von Rivian Automotive (RIVN), hat eine erste Form 3-Erklärung eingereicht, in der seine wirtschaftliche Eigentumsposition zum 11. Juni 2025 offengelegt wird. Die Einreichung zeigt bedeutende Aktienbestände sowohl in direkten Aktien als auch in Aktienoptionen.

Wesentliche Beteiligungen umfassen:

  • 930.753 Aktien der Klasse A Common Stock, bestehend aus 203.685 Aktien aus bereits gewährten RSUs, 5.842 Aktien aus ESPP-Käufen und 721.226 nicht gewährten RSUs mit unterschiedlichen Vesting-Zeitplänen bis 2025
  • Aktienoptionen mit insgesamt 1.986.068 Aktien:
    - 1.025.116 Aktien zu $13,02 (Ablauf 2033)
    - 264.086 Aktien zu $10,90 (Ablauf 2034)
    - 696.866 Aktien zu $11,15 (Ablauf 2035)

Die nicht gewährten RSUs folgen einem strukturierten vierteljährlichen Vesting-Plan, während Aktienoptionen jährlich zu 20-25% über 4-5 Jahre vesten, was auf eine langfristige Bindungsstrategie des Führungskräfte hinweist.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
CALLAHAN MICHAEL JOHN

(Last) (First) (Middle)
C/O RIVIAN AUTOMOTIVE, INC.
14600 MYFORD ROAD

(Street)
IRVINE CA 92606

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2025
3. Issuer Name and Ticker or Trading Symbol
Rivian Automotive, Inc. / DE [ RIVN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Administrative Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 930,753(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (2) 03/20/2033 Class A Common Stock 1,025,116 $13.02 D
Stock Option (3) 05/13/2034 Class A Common Stock 264,086 $10.9 D
Stock Option (4) 04/21/2035 Class A Common Stock 696,866 $11.15 D
Explanation of Responses:
1. Consists of: (i) 203,685 shares resulting from previously vested Restricted Stock Units ("RSUs"), (ii) 5,842 shares purchased pursuant to the Issuer's 2021 Employee Stock Purchase Plan, and (iii) 721,226 unvested RSUs. Of the aggregate 721,226 unvested RSUs: (i) 224,245 of such unvested RSUs will vest over the next seven quarterly anniversaries after May 15, 2025, (ii) 148,548 of such unvested RSUs will vest over the next twelve quarterly anniversaries after May 15, 2025, and (iii) 348,433 of such unvested RSUs will vest over the next sixteen quarterly anniversaries after May 15, 2025. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock and has no expiration date.
2. The stock option vests annually as to 25% of the underlying shares over the four anniversaries after March 20, 2023.
3. The stock option vests annually as to 25% of the underlying shares over the four anniversaries after May 13, 2024.
4. The stock option vests annually as to 20% of the underlying shares over the five anniversaries after April 21, 2025.
Remarks:
/s/ Jamie Chung, Attorney-in-Fact 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of RIVN Class A Common Stock does Michael Callahan own directly?

According to the Form 3 filing, Michael Callahan directly owns 930,753 shares of RIVN Class A Common Stock, which consists of 203,685 shares from previously vested RSUs, 5,842 shares purchased through the Employee Stock Purchase Plan, and 721,226 unvested RSUs.

What stock options does RIVN's Chief Administrative Officer Michael Callahan hold?

Michael Callahan holds three sets of stock options: 1) 1,025,116 shares at $13.02 expiring March 20, 2033, 2) 264,086 shares at $10.90 expiring May 13, 2034, and 3) 696,866 shares at $11.15 expiring April 21, 2035.

What is the vesting schedule for Michael Callahan's RIVN RSUs as of June 2025?

Callahan's 721,226 unvested RSUs vest as follows: 224,245 RSUs vest over seven quarterly anniversaries after May 15, 2025; 148,548 RSUs vest over twelve quarterly anniversaries after May 15, 2025; and 348,433 RSUs vest over sixteen quarterly anniversaries after May 15, 2025.

When do RIVN CAO Michael Callahan's stock options vest?

Callahan's stock options vest on different schedules: The March 2033 options vest 25% annually over four years from March 20, 2023; the May 2034 options vest 25% annually over four years from May 13, 2024; and the April 2035 options vest 20% annually over five years from April 21, 2025.
Rivian Automotive, Inc. / De

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