Rivian (RIVN) director Jay Flatley granted 17,445 RSUs in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLATLEY JAY T reported acquisition or exercise transactions in this Form 4 filing.
Rivian Automotive director Jay T. Flatley reported a stock-based compensation award. He received 17,445 shares of Class A common stock in the form of restricted stock units that were granted at no cash cost.
The footnote explains these 17,445 RSUs will vest on the first anniversary of the grant date, meaning the shares are subject to a one-year service requirement. After this award, Flatley holds a total of 179,515 shares of Rivian Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FLATLEY JAY T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,445 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 179,515 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 17,445 shares
Grant price: $0.00 per share
Total holdings after grant: 179,515 shares
+1 more
4 metrics
RSUs granted
17,445 shares
Restricted stock units awarded to Jay T. Flatley
Grant price
$0.00 per share
Transaction price for the RSU award
Total holdings after grant
179,515 shares
Flatley’s direct Rivian Class A holdings after the award
Vesting schedule
1-year cliff
RSUs vest on the first anniversary of the grant date
Key Terms
restricted stock units ("RSUs"), vest, Form 4
3 terms
restricted stock units ("RSUs") financial
"Represents an award of 17,445 restricted stock units ("RSUs") which will vest"
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.
vest financial
"RSUs which will vest on the first anniversary of the grant date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Rivian (RIVN) director Jay T. Flatley report?
Jay T. Flatley reported receiving an equity award of 17,445 shares of Rivian Class A common stock as restricted stock units. The award was a grant, not an open-market purchase, and was received at a price of $0.00 per share.
Is the Rivian (RIVN) insider transaction a stock grant or an open-market trade?
The transaction is a stock grant, not a market trade. Flatley received 17,445 restricted stock units of Rivian Class A common stock as a compensation award, coded as an acquisition (grant/award) with a per-share transaction price of $0.00.
When will Jay T. Flatley’s 17,445 Rivian (RIVN) RSUs vest?
Flatley’s 17,445 restricted stock units will vest on the first anniversary of the grant date. This one-year vesting schedule means he must remain eligible through that date for the RSUs to convert into freely deliverable Rivian Class A common shares.
Does the Rivian (RIVN) Form 4 show any insider stock sales by Jay T. Flatley?
The Form 4 does not report any stock sales by Flatley. It only reports an acquisition of 17,445 restricted stock units as a grant or award, with no corresponding disposition, sale, or tax-withholding transaction disclosed in this filing.