Rivian (RIVN) director’s Form 4 shows net insider share buying
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive director Jay T. Flatley reported multiple open-market trades in Class A common stock. The most recent was a purchase of 1,250 shares at $8.844 per share on April 17, 2024, bringing his direct holdings to 162,070 shares. Across the reported period, he bought 1,830 shares and sold 580, for a net increase of 1,250 shares. Footnotes state he paid the company $1,061.65 and $4,032.01, representing the full profits realized on two short-swing transactions matched under Section 16(b) of the Exchange Act.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,250 shares ($25,281)
Net Buy
8 txns
Insider
FLATLEY JAY T
Role
Director
Bought
1,830 shs ($25K)
Sold
580 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 1,250 | $8.844 | $11K |
| Sale | Class A Common Stock | 490 | $17.0726 | $8K |
| Purchase | Class A Common Stock | 490 | $20.6746 | $10K |
| Sale | Class A Common Stock | 3 | $24.99 | $74.97 |
| Sale | Class A Common Stock | 57 | $25.7474 | $1K |
| Purchase | Class A Common Stock | 60 | $26.8331 | $2K |
| Sale | Class A Common Stock | 30 | $62.2214 | $2K |
| Purchase | Class A Common Stock | 30 | $82.8377 | $2K |
Holdings After Transaction:
Class A Common Stock — 162,070 shares (Direct)
Footnotes (1)
- The Reporting Person's sale of 30 shares Class A common stock on January 26, 2022 at a price of $62.2214 per share was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 30 shares, with the Reporting Person's purchase of 60 shares of Class A common stock on May 13, 2022 at a price of $26.8331 per share. The Reporting Person paid to the Issuer $1,061.65, representing the full amount of the profit realized in connection with the short-swing transaction. The Reporting Person's sale of 490 shares Class A common stock on October 25, 2023 at a price of $17.0726 per share was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 490 shares, with the Reporting Person's purchase of 1,250 shares of Class A common stock on April 17, 2024 at a price of $8.844 per share. The Reporting Person paid to the Issuer $4,032.01, representing the full amount of the profit realized in connection with the short-swing transaction.