Rivian (RIVN) CFO Claire McDonough sells 8,022 shares at $18 in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rivian Automotive, Inc. Chief Financial Officer Claire McDonough reported an open-market sale of 8,022 shares of Class A common stock at $18.00 per share. The transaction was executed on June 3, 2026 under a pre-arranged Rule 10b5-1 trading plan.
After this sale, McDonough directly holds 878,985 shares of Rivian Class A common stock, showing she retains a substantial equity stake in the company while monetizing a small portion of her holdings through a scheduled plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,022 shares ($144,396)
Net Sell
1 txn
Insider
McDonough Claire
Role
Chief Financial Officer
Sold
8,022 shs ($144K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 8,022 | $18.00 | $144K |
Holdings After Transaction:
Class A Common Stock — 878,985 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 8,022 shares
Sale price: $18.00 per share
Shares owned after: 878,985 shares
+2 more
5 metrics
Shares sold
8,022 shares
Open-market sale on June 3, 2026
Sale price
$18.00 per share
Class A common stock transaction
Shares owned after
878,985 shares
Direct holdings post-transaction
Trading plan adoption date
September 2, 2025
Rule 10b5-1 plan referenced in footnote
Transaction type
Open-market sale
Form 4 non-derivative transaction code S
Key Terms
Rule 10b5-1 trading plan, Form 4, Class A Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
Class A Common Stock financial
""security_title": "Class A Common Stock""
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.
open-market sale financial
""transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
""transaction_type": "non-derivative""
FAQ
What did Rivian (RIVN) CFO Claire McDonough report in this Form 4?
Claire McDonough reported selling 8,022 shares of Rivian Class A common stock at $18.00 per share. The sale was an open-market transaction and left her with 878,985 shares directly owned after the trade.
Was the Rivian (RIVN) CFO sale part of a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made under a Rule 10b5-1 trading plan adopted on September 2, 2025. Such plans pre-schedule trades, making the timing more routine and less reflective of near-term company developments.
What type of transaction is disclosed for Rivian (RIVN) in this Form 4?
The Form 4 shows an open-market sale of non-derivative securities, specifically Class A common stock. It records a single transaction where CFO Claire McDonough sold 8,022 shares at $18.00 per share on June 3, 2026.