Rivian (RIVN) CAO has 42,082 shares withheld to cover RSU tax bill
Rhea-AI Filing Summary
Rivian Automotive Chief Administrative Officer Michael John Callahan reported a tax-related share disposition tied to equity compensation. On the vesting of 82,703 Restricted Stock Units on May 15, 2026, 42,082 shares of Class A Common Stock were withheld by the company to satisfy tax withholding obligations at a reference price of $14.52 per share. After this withholding, Callahan directly holds 1,072,176 shares of Rivian Class A Common Stock, indicating this was a routine compensation and tax event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 42,082 | $14.52 | $611K |
Footnotes (1)
- 42,082 shares of Class A Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with the vesting of 82,703 Restricted Stock Units on May 15, 2026. The closing price of the Issuer's Class A Common Stock on May 14, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
Class A Common Stock financial
closing price financial
FAQ
What insider transaction did Rivian (RIVN) report for Michael John Callahan?
Rivian reported that Chief Administrative Officer Michael John Callahan had 42,082 shares of Class A Common Stock withheld. These shares covered tax obligations arising from the vesting of 82,703 Restricted Stock Units on May 15, 2026.
What equity award triggered the Rivian (RIVN) tax withholding for Michael John Callahan?
The tax withholding was triggered by the vesting of 82,703 Restricted Stock Units on May 15, 2026. To cover associated tax obligations, Rivian withheld 42,082 shares of Class A Common Stock from the vested amount.