Rivian CEO sells shares under 10b5-1 trading plan
Rivian Automotive, Inc. insider activity: Chief Executive Officer and director Robert J. Scaringe reported open-market sales of Class A common stock on January 6, 2026.
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Rhea-AI Filing Summary
Rivian Automotive, Inc. insider activity: Chief Executive Officer and director Robert J. Scaringe reported open-market sales of Class A common stock on January 6, 2026.
He sold 17,350 shares at a weighted average price of $19.5425 and an additional 100 shares at $20.09, both coded as open-market sales. The transactions were executed automatically under a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025.
Following these sales, Scaringe beneficially owns 1,132,659 Class A shares directly, plus 2,297 shares indirectly through an LLC and 2,632,766 shares indirectly through a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 17,350 | $19.5425 | $339K |
| Sale | Class A Common Stock | 100 | $20.09 | $2K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The sale reported in this transaction was effected automatically pursuant to a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025, as disclosed in the Issuer's Quarterly Report on Form 10-Q for each such quarter.
- F2. The price reported is a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $19.07 to $20.02, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rivian (RIVN) report for its CEO?
Rivian Automotive, Inc. reported that Chief Executive Officer and director Robert J. Scaringe sold Class A common stock in open-market transactions on January 6, 2026, as disclosed on a Form 4.
Was the Rivian CEO’s stock sale done under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected automatically under a previously disclosed Rule 10b5-1 trading plan adopted on March 14, 2025 and amended on June 11, 2025.
Does the Form 4 show any derivative securities for the Rivian CEO?
No derivative securities are listed in Table II of the Form 4; only Class A common stock holdings and transactions appear in the filing excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.