Rivian Automotive (RIVN) director receives 1,192 RSUs that vest immediately
Rhea-AI Filing Summary
Schwartz Sanford Harold reported acquisition or exercise transactions in this Form 4 filing.
Schwartz Sanford Harold, a director of Rivian Automotive, Inc., reported the grant of 1,192 restricted stock units (RSUs) on July 20, 2026, which vested that day. He elected to defer issuance of the underlying Class A Common Stock until his termination as director, with 213,002 shares of Class A Common Stock reported as held after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,192 shares
Net Buy
1 txn
Insider
Schwartz Sanford Harold
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 1,192 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 213,002 shares (Direct)
Footnotes (1)
- F1. Represents an award of 1,192 restricted stock units ("RSUs"), which vested on July 20, 2026. The Reporting Person has elected to defer the issuance of the shares of the Issuer's Class A Common Stock underlying the RSUs until the Reporting Person's termination of service as a director of the Issuer. The RSUs will settle in shares of the Issuer's Class A Common Stock upon such termination of service.
Key Figures
Restricted stock units granted: 1,192 RSUs
Grant price per share: $0.0000
Shares owned after transaction: 213,002 shares
3 metrics
Restricted stock units granted
1,192 RSUs
Award of RSUs which vested on July 20, 2026
Grant price per share
$0.0000
Per-share value reported for the RSU award
Shares owned after transaction
213,002 shares
Class A Common Stock reported as held following the RSU award
Key Terms
restricted stock units ("RSUs"), Class A Common Stock, termination of service as a director
3 terms
restricted stock units ("RSUs") financial
"Represents an award of 1,192 restricted stock units ("RSUs"), which vested"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"shares of the Issuer's Class A Common Stock underlying the RSUs"
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.
termination of service as a director financial
"until the Reporting Person's termination of service as a director of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Rivian (RIVN) report for director Schwartz Sanford Harold?
Rivian reported that director Schwartz Sanford Harold received 1,192 restricted stock units (RSUs) that vested on July 20, 2026. These RSUs relate to Class A Common Stock and increase his reported holdings to 213,002 shares after the award.
What are the terms of the 1,192 RSU award disclosed by Rivian (RIVN)?
The award consists of 1,192 restricted stock units (RSUs) that vested on July 20, 2026. The director elected to defer issuance of the underlying Class A Common Stock until his termination of service as a director, when the RSUs will settle in shares.
Was the Rivian (RIVN) director’s RSU grant made under a Rule 10b5-1 trading plan?
The Form 4 indicates the transaction was not affirmed as made under a Rule 10b5-1 plan. The document-level checkbox for Rule 10b5-1 trading arrangements is marked false, meaning the grant is not tied to such a pre-arranged plan.
Did the Rivian (RIVN) director pay a purchase price for the 1,192 RSUs?
The reported per-share price for the transaction is $0.0000, indicating no purchase price was paid for the 1,192 RSUs. This characterizes the transaction as a grant or award of equity rather than an open-market purchase.