Planned stock sales as Rivian Automotive (RIVN) CEO Scaringe sells shares
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.
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FAQ
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.
How many Rivian Class A shares did Robert Scaringe sell on January 6, 2026?
Robert Scaringe sold 17,350 shares of Rivian Class A common stock at a weighted average price of $19.5425 and an additional 100 shares at $20.09 on January 6, 2026.
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.
How many Rivian (RIVN) shares does Robert Scaringe own after these transactions?
After the reported sales, Robert Scaringe beneficially owns 1,132,659 Class A shares directly, plus 2,297 shares indirectly via an LLC and 2,632,766 shares indirectly via a trust.
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.
What price range did the Rivian CEO’s share sales occur at?
The filing notes that the reported $19.5425 price is a weighted average, with multiple sale transactions executed at prices between $19.07 and $20.02, and one transaction at $20.09.