Rivian (RIVN) CEO logs 34,818-share sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive Chief Executive Officer Robert J. Scaringe reported an open-market sale of 34,818 shares of Class A Common Stock at $15.00 per share on May 28, 2026. The sale was executed automatically under a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025. Following the sale, Scaringe directly holds 922,286 shares and has additional indirect holdings through a trust and an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 34,818 shares ($522,270)
Net Sell
3 txns
Insider
Scaringe Robert J
Role
Chief Executive Officer
Sold
34,818 shs ($522K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 34,818 | $15.00 | $522K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 922,286 shares (Direct, null);
Class A Common Stock — 2,297 shares (Indirect, By LLC)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 34,818 shares
Sale price: $15.00 per share
Direct holdings after sale: 922,286 shares
+5 more
8 metrics
Shares sold
34,818 shares
Open-market sale on May 28, 2026
Sale price
$15.00 per share
Price for Class A Common Stock sale
Direct holdings after sale
922,286 shares
Class A Common Stock held directly post-transaction
Trust holdings
2,632,766 shares
Indirectly held by trust
LLC holdings
2,297 shares
Indirectly held by LLC
Net insider share change
-34,818 shares
Net-sell direction in transaction summary
Trading plan adoption date
March 14, 2025
Rule 10b5-1 plan adoption
Trading plan amendment date
June 11, 2025
Rule 10b5-1 plan amendment
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A Common Stock, indirect ownership
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this transaction was effected automatically pursuant to a previously disclosed Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"ownership_type": "indirect", "nature_of_ownership": "By Trust""
FAQ
What insider transaction did Rivian (RIVN) report for CEO Robert Scaringe?
Rivian reported that CEO Robert J. Scaringe sold 34,818 shares of Class A Common Stock at $15.00 per share on May 28, 2026. The transaction was an open-market sale disclosed in a Form 4 filing.
What indirect Rivian (RIVN) holdings are reported for CEO Robert Scaringe?
In addition to direct shares, the Form 4 shows 2,632,766 shares held indirectly by a trust and 2,297 shares held indirectly by an LLC associated with Robert J. Scaringe. These positions are reported as indirect beneficial ownership.